Jalin Boosts BPR Services with Integrated Digital Infrastructure in Indonesia

Padang – Jalin Pembayaran Nusantara (“Jalin”), part of the Danareksa SOE Holding, participated in the 2024 National Working Meeting (Rakernas) of Perbarindo, held on Friday (18/10) in Padang, West Sumatra. Jalin served as a panelist in a discussion session titled "Building an Integrated and Sustainable Digital Ecosystem for BPR-BPRS," which aimed to explore strategic opportunities to accelerate the digitalization of Rural Banks (BPR) and Sharia Rural Banks (BPRS).

Technological advancements, shifting customer preferences, competition from banks and fintech, as well as resource limitations present significant challenges for BPR-BPRS. The enactment of Law No. 4 of 2023 on Financial Sector Development and Strengthening (P2SK) opens opportunities for BPR-BPRS to access capital through the offering of securities in the capital market and participation in the payment system. The development of BPR-BPRS is focused on four key pillars: structural strengthening, digitalisation, financing for MSMEs, and supervision, as outlined in the 2024–2027 BPR-BPRS Development and Strengthening Roadmap released by the Financial Services Authority (OJK).

Jalin supports this roadmap by offering digital solutions designed to streamline BPR-BPRS operations and strengthen reporting integrity through the implementation of a shared platform concept. Collaboration with Jalin, as a licensed Payment Infrastructure Provider (PIP) by Bank Indonesia, is expected to help BPR-BPRS optimise their services more efficiently and sustainably within the "Link" switching network ecosystem.

CEO Jalin, Ario Tejo Bayu Aji, emphasised that digital transformation is now essential for BPR-BPRS to remain competitive in the rapidly evolving industry. "Jalin is committed to supporting BPR-BPRS in this digitalisation journey through integrated solutions that enhance operational efficiency, minimise investment risks, and expand service reach, enabling BPR-BPRS to focus on delivering quality services to their customers," said Ario.

As a key pillar in supporting regional economic growth, BPR-BPRS plays a crucial role. According to OJK data from March 2024, lending by BPR-BPRS grew by 9.42% year-on-year to IDR 161.9 trillion, while third-party funds grew by 8.6% year-on-year to IDR 158.8 trillion. These figures underscore the importance of BPR-BPRS in providing financing access, particularly for communities underserved by conventional banks.

Jalin introduced integrated digital solutions specifically designed to accelerate the digital transformation of BPRs. One example is the switching system, which enables BPR-BPRS to connect with a broader financial ecosystem through service interconnectivity and interoperability. Additionally, Jalin offers cash point solutions to extend financial service points across various regions, ensuring that BPR-BPRS customers benefit from more inclusive banking services, supported by over 50,000 cash points connected to the ATM and CRM Link network.

Jalin remains committed to supporting BPR-BPRS in their digital transformation journey. "We believe that close collaboration and the use of the right technology will bring significant benefits, both for BPR-BPRS and the broader community. We hope this collective effort will strengthen an inclusive and sustainable financial ecosystem, bringing BPR-BPRS closer to a more digital and connected future," Ario concluded.