BI and Ministry of Transportation Agree to Integrate Electronic Payment System for Transportation - Bank Sentral Republik Indonesia
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August 25, 2019
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Bank Indonesia and Ministry of Transportation of Indonesia agree on development of integrated electronic payment system in transportation, including payment of land, sea, air, and railway transportation as well as paid parking and roads. With such integration, people will be able to use electronic money from different issuers on different modes of transportation. To show commitment of the two parties, a Joint Agreement is signed between the Governor of Bank Indonesia, Agus D.W. Martowardojo and Minister of Transportation, Budi Karya Sumadi, today (06/9), in Jakarta. Such payment integration will start from Jabodetabek in cooperation with the DKI Jakarta Province Government. This activity is also attended by the Governor of DKI Jakarta, Djarot Saiful Hidayat.

Governor of Bank Indonesia, Agus D.W. Martowardojo, expected that such integration will increase public service efficiency through application of cashless payments. It is very important because of the growing demand for safer, smoother, and more efficient payment services in line with the rapid information technology development. To reach the integration, 3 things must be implemented. First, use of electronic money as a public transportation payment instrument to replace tickets. Second, standardization of electronic money in line with the National Payment Gateway (NPG) policy. Third, business model sustainability and appreciation for existing investments by adopting pricing schemes according to best practices.

Cashless transportation mode initiative in Jakarta has been pioneered since 2013 by PT KAI Commuter Jabodetabek (KCJ) with the use of electronic money of 4 banks on commuter lines. Furthermore, Transjakarta buses have, since 14 February 2015, been accepting electronic money payment from 6 banks. In the two modes, electronic money also functions as e-tickets.

In realizing transportation payment integration in Jabodetabek, one of the challenges is different transportation mode ownership, between the central and regional governments. For that purpose, integration of electronic payment system in transportation modes is synergized by forming 2 different entities. First, business unit under SOEs for transportation modes managed by SOEs. Second, consortium under DKI Jakarta Province Government in the form of ROE for transportation modes managed by ROEs. The two entities must synergize by providing interconnected and interoperable electronic money processing infrastructures. In addition, integration must also be achieved with another consortium applying electronic money as a means of payment, namely Electronic Toll Collection (ETC) Consortium on toll roads, which is currently being designed by the Ministry of PWPH.

To promote integration by all relevant parties, a Cooperation Agreement is signed between Bank Indonesia and Badan Pengelola Transportasi Jabodetabek (BPTJ) as well as joint agreement between DKI Jakarta Province Government and all transportation mode operators within Jabodetabek, namely Perum Damri, Perum Pengangkutan Penumpang Djakarta, PT KAI Commuter Jabodetabek, PT Jakarta Propertindo, PT Transportasi Jakarta, PT Mass Rapid Transit Jakarta, and PT Railink. This agreement will be binding on transportation mode operators within Jabodetabek to make their commitment to the integration plan of electronic payment system between transportation modes within Jabodetabek.

With the synergy of all parties, integration of transportation payment is expected to be immediately realized so that people can make safer and more efficient transactions.

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