Jalin Supports BSPI 2030 at FEKDI x KKI 2024: Strengthening Strategic Collaboration to Expand Digital Financial Services

Jakarta, August 2, 2024 – PT Jalin Pembayaran Nusantara (“Jalin”), a switching company through the “Link” network and part of the Danareksa State-Owned Enterprise Holding, has expressed its full support for the launch of the Indonesia Payment System Blueprint (BSPI) 2030 by Bank Indonesia at the Forum Ekonomi Keuangan Digital dan Karya Kreatif Indonesia (FEKDI x KKI) 2024. As a Payment Infrastructure Provider (PIP), Jalin actively contributes to realizing Bank Indonesia’s vision of creating an integrated, inclusive, and sustainable payment ecosystem through innovation and modernization of secure, convenient, and reliable digital infrastructure.

The launch of BSPI 2030 by Bank Indonesia marks a new chapter in the advancement of the national payment system, focusing on five key initiatives: modernization of retail, wholesale, and data payment infrastructure; consolidation of the national payment industry; innovation and acceleration of digitalization; expansion of international cooperation; and development of digital rupiah. Jalin views BSPI 2030 as aligned with the vision of The National Digital Highway, acting as a digital enabler to connect people with financial and non-financial ecosystems.

Jalin’s CEO, Ario Tejo Bayu Aji, stated that BSPI 2030 presents significant opportunities for the payment system industry to accelerate the expansion of Jalin’s services to all “Link” members. “By optimizing digital payment system infrastructure and collaborating with our banking and fintech industry members, we not only strengthen our existing services but also commit to reaching segments of society that have not been fully served by the digital financial system,” said Ario. “Our goal is to expand coverage and ensure that more people can access an inclusive digital financial ecosystem.”

Jalin's Strategic Collaboration with Allo Bank and DigiAsia Bios

On the second day of FEKDI x KKI 2024, Jalin also entered into a strategic partnership with Allo Bank for Cardless Cash Withdrawal (CCW) services and domestic QR switching within the “Link” network. Allo Bank is a subsidiary of CT Corp, a leading integrated business group in Indonesia focused on consumers, with diverse ventures in financial services, media, retail, lifestyle, and entertainment. This collaboration will enhance interconnectivity across various platforms, ensuring ease of access and transaction convenience for customers engaging in financial transactions within the CT Corp ecosystem.

Allo Bank’s CEO, Indra Utoyo, stated, “The partnership with Jalin is a strategic step in expanding Allo Bank’s services to connect and interoperate with the broader financial ecosystem. Through this collaboration, we aim to provide our customers with easier and more secure access to cardless cash withdrawals through the Allo Bank mobile banking app, as well as expand the acceptance of QRIS among our customers.”

At the same event, Jalin also established a partnership with DigiAsia Bios, Indonesia’s first Embedded Fintech-as-a-Service (EFaaS) Group. DigiAsia Bios is committed to addressing various financial challenges and holds four licenses through its affiliates: Digital Payment (KasPro), P2P Lending (KreditPro), Remittances (RemitPro), and Digital Financial Services (DigiKasLink).

DigiAsia’s CEO, Joseph Edi Hut Lumban Gaol, expressed his enthusiasm for this partnership. “With the support of Jalin’s interconnectivity and interoperability infrastructure, we can strengthen digital financial services that can be integrated into DigiAsia Bios’ innovative financial technology ecosystem, such as our platform for cardless cash withdrawals at Link ATMs and optimizing cash management for DigiAsia Bios’ merchants. This partnership bridges the gap between traditional banking and the needs of underserved communities across Indonesia.”

The strategic collaborations formalized at FEKDI 2024 underscore the commitment of Jalin, Allo Bank, and DigiAsia Bios to accelerate the digitalization of financial services and expand the payment ecosystem in Indonesia. “This synergy is designed to enhance transaction efficiency and security while opening up new business opportunities that strengthen our position in the digital financial ecosystem,” Ario concluded.