What is BI-FAST? The Future of Indonesia's Payment System
Indonesia's digital payment transformation has entered a new era with BI-FAST. This real-time payment system, initiated by Bank Indonesia, has significantly transformed the financial transaction landscape, recording a remarkable 67.79% year-on-year growth with 785.95 million transactions as of February 2024. But what exactly is BI-FAST, and how is it shaping the future of payments in Indonesia?
November 6, 2024
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5
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