Indonesia's crossborder payments system with 4 other SE Asian countries to be transformational

Indonesia's crossborder payments system with 4 other SE Asian countries to be transformational

FILE PHOTO: A sign of OVO payment is seen at a mall in Jakarta, Indonesia, November 8, 2018. Picture taken November 8, 2018. REUTERS/Beawiharta/File Photo

Indonesia’s crossborder payments programme with four other ASEAN countries will be fully operational next year, the country’s central bank governor said on Wednesday. The move, which will allow the seamless use of payments apps across the five countries, is set to be transformational, experts told DealStreetAsia.

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