Benefits of Transactions Using GPN

You might have often heard about “GPN”. However, it is also possible that you are still wondering what a GPN debit card is about and what its benefits are during transactions. GPN or Gerbang Pembayaran Nasional (National Payment Gateway) is a system that integrates interbank banking transactions to be centralized within GPN.

Bank Indonesia (BI) launched GPN as a manifestation of the interconnection and interoperability of the national bank system. Hence, Indonesians can benefit from secure, reliable, and trusted electronic banking transaction services.

Through GPN, people are able to make banking transactions from any bank only by using the instrument and through any payment channel. GPN debit card enables its holder to make banking transactions through Automated Teller Machine (ATM) as well as Electronic Data Capture (EDC) devices from other banks, even online.

GPN Organizers

GPN offers immediate benefits to both customers and merchants. By using cards with the GPN logo, customers of any bank are able to make banking transactions in any ATM machines and merchants with the GPN logo on their EDC devices all throughout Indonesia.

The GPN system consists of standard, switching, and services agencies with respective responsibilities.

1. Standard Agency

It is responsible for formulating and managing standard national payment technology systems and security systems for payment interconnection and switching. This duty has been specified and thus, it is mandatory to be complied with by Bank Indonesia for all industries.

2. Switching Agency

It is in charge of carrying out domestic banking transaction processes in a secure and efficient manner. Hence, customer data and admin fee collection are registered in domestic tax records instead of international ones.

Several switching companies have joined up in the GPN card, such as PT Jalin Pembayaran Nusantara (ATM Link).

3. Services Agency

It plays a role in maintaining transaction security by ensuring end-to-end transaction data encryption. It also functions as the one in charge of conducting efficient clearing. reconciliation and settlement, promoting the expansion of cashless activation instruments, and managing its obligations in a credible manner.

Benefits of Using a GPN Debit Card

GPN card is characterized by a logo of a Garuda bird and the word “GPN” which signifies that the GPN system has been applied to the debit card. With the GPN logo, customers can use the debit card for various payments and banking transactions, both in ATMs and EDC machine devices in a domestic scope.

GPN consists of two main characteristics, namely interoperability and interconnection. Interoperability refers to a payment system that can be utilized in other infrastructures. On the other hand, interconnection means it is mutually integrated with all domestic payment channels.

GPN emerges as a system that integrates interbank transactions throughout Indonesia, similar to Visa and MasterCard. However, what distinguishes GPN from other systems is it is only possible to be applied in domestic transactions. The followings are the benefits of using GPN in general:

• Enabling Enabling the domestic payment transaction process through interconnection and interoperability.
• Creating a smooth, secure, efficient, and reliable national payment system that is also in line with communication, information, technological developments, and innovation.
• Serving as the foundation of the national payment system in the effort of realizing a cashless society
• Improving consumer protection through customer transaction data security in every transaction.
• Improving financial inclusion and the development of electronic-based national trade (e-commerce).
• Leading to affordable admin fees since all transactions and payment processes are carried out domestically. By using a GPN card, customers are able to save Rp1,000 per month.