​

Bank Indonesia is supporting the Government to accelerate digitalisation of social aid program (bansos) disbursements, otherwise known as G2P (Government-to-Person) 4.0.  Bank Indonesia is accelerating digitalisation through five measures to strengthen various aspects of the payment system that prioritise speed, convenience, affordability, security and reliability.  First, strengthening payment system infrastructure to support social aid program (bansos) disbursements.  Second, interconnected payment services through digital payment and agent/merchant channels.  Third, security, meaning that access to funds is protected by two-factor authentication, namely username and password, utilising a combination of characters and biometric data.  Fourth, multichannel utilisation across various instruments and channels, such as card-based or mobile phones as well as Quick Response Code Indonesian Standard (QRIS).  Fifth, expansion of outlets offering bansos transactions, including branchless banking or digital financial services (DFS), merchants and ATMs.  That was the key takeaway of today’s (07/04) Leaders’ Insight program “Digitalisation of Social Aid Program (bansos) Disbursements and Optimisation of Bansos Benefits to Increase Financial Inclusion”, as part of the Indonesia Digital Economy and Finance Festival (FEKDI) 2021.

Bank Indonesia Governor, Perry Warjiyo, confirmed that Bank Indonesia will strengthen the payment system ecosystem to support G2P 4.0 by accelerating QRIS implementation, developing BI-FAST, and connecting the banking and FinTech industries through Open API Payment Standards.  The Coordinating Human Development and Culture Minister, Muhadjir Effendy, took the opportunity to explain how the digitalisation of social aid program (bansos) disbursements will provide greater distribution/disbursement convenience and facilitate monitoring of disbursements to the benefit recipients.  The National Development Planning Minister, Suharso Monoarfa, added that digital transformation is oriented towards optimising the use of digital financial services and the needs of bansos recipients.

In addition to the Leader’s Insight program and talk shows, FEKDI 2021 also offers a range of other exciting activities from 8th April 2021 via the official FEKDI website (www.fekdi.co.id), which is open to the public with no admission fee.

Head of Communication Department

Erwin Haryono

Executive Director

Information about Bank Indonesia