Exclusive: Salim Group, MAP latest to eye digital payments in Indonesia

Indonesian conglomerate Salim Group and retailer MAP are the latest companies eyeing the digital payment space and have applied to Bank Indonesia for an e-money licence, three people aware of the development told DEALSTREETASIA.

Under Indonesia’s new set of rules for fintech companies, digital payment services can only be offered by providers after obtaining a central bank licence. Salim Group and MAP are among more than 150 companies that have applied for this licence.

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