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Bank Indonesia Provides Three New BI-FAST Services

News Financial services General Updates
Date: 21st Dec, 2024 Source: Bank Indonesia (BI) Country: Indonesia Original Source

Brief

"On 21/12/2024, the Bank Indonesia (BI) issued an update regarding Bank Indonesia Provides Three New BI-FAST Services. The three new services include bulk transfer, request for payment, and direct debit, which can be used to facilitate various transactions such as payroll payments, invoice settlements, and automatic bill payments. These services are designed to enhance the efficiency of transactions and improve the overall digital payment ecosystem."

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Bank Indonesia (BI)

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