Month: May 2026

Navigating Indonesia’s New Activity-Based PSP Regime

“More fundamentally, the shift may no longer be about licensing classifications alone, but how payment activities operate within a business ecosystem.” Indonesia’s payment regulatory landscape is shifting toward a more activity based and supervisory driven framework under Bank Indonesia through Bank Indonesia Regulation No. 10 of 2025 (“PBI 10/2025”). The framework increasingly focuses on how […]