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Sunday, June 5, 2011

Electronic Money Users Rises 1.5 Million In 3 Months

Jakarta - The user of electronic money, aka e-money increased significantly in this early 2011. The central bank noted users of e-money until the beginning of the first quarter of 2011 has reached 9.4 million users, an increase of 1.5 million users compared to the end of 2010 that just as many as 7.9 million people.

BI also recorded the number of transactions in the first quarter of 2011 has reached 8.3 million transactions with a nominal value of Rp 176.56 billion. This was conveyed by Deputy Governor of Bank Indonesia S Budi Rochadi in Data Transaction Payment System Development Edition detikFinance cited in May 2011 in Jakarta, Monday (06/06/2011).

"Though only present in April 2007, the amount of electronic money has reached about 9.4 million cards in Quarter I-2011," said Budi Rochadi. Explained Budi, electronic money issued at this time consists of the chip base or published in a chip embedded in cards or other media and server-based, or published in other media is a media that is currently used for the transaction will be connected first with server publishing.

"Electronic money or e-money is currently not published by 10 publishers that consists of a Regional Development Bank (BPD), 5 of Commercial Banks and 4 institutions other than banks," said Budi.

The 10th publisher namely Bank DKI Jakarta (Jak Card), Bank Central Asia Tbk (Flazz), Bank Mandiri (Persero) Tbk (Indomaret Card, Gaz cards and E-Toll Card), Bank Mega Tbk (Studio Pass Card and Smart Card), Bank Negara Indonesia (Persero) Tbk (Java Jazz Card and Kartuku), Bank Rakyat Indonesia (Persero) Tbk (BRIZZI), PT. Indosat (purse), PT. Sat Indonesia Skye (Skye Card), PT. Telekomunikasi Indonesia (Flexy Cash and Vas i-Card), PT. Cellular Telecommunications (T-Cash).

"The pattern of increased use of card-based accounts can also show the development level of public awareness of non-cash payment instruments, or in other words to show lesscash development of society," said Budi.

During the year 2010, the Bank recorded a total account-based cards in circulation reached 51 million cards. The amount is compared with the previous year increased by 14.2% from 44.5 million cards. Of this amount 94.6% is an ATM card that can be used as a debit card (ATM card / Debit), issued by 46 banks.

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