Islamic Finance

Bank Indonesia restricts four unlicensed e-money firms, including ’Shariah-compliant’ PayTren


Jakarta – Bank Indonesia (BI), the country’s central bank, has given e-money and e-payment services PayTren, TokoCash (Tokopedia), ShopeePay (Shopee) and BukaDompet (Bukalapak) 45 days to file their license registrations as electronic money operators, Pungky Purnomo Wibowo, BI Payment System Director, told Salaam Gateway.

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tags:

Digital transactions
E-money
E-payments
Electronic money
Fintech