Indonesia’s Payment System Reform: Key Changes under BI Regulation No. 10/2025 and MBG Regulation No. 32/2025
Bank Indonesia (“BI”), the country’s central bank, recently issued BI Regulation No. 10 of 2025 regarding the Payment System Industry (“BI Reg. 10/2025”). This regulation revokes BI Regulation No. 22/23/PBI/2020 on Payment Systems and amends provisions of BI Reg. 23/6/PBI/2021 regarding Payment Service Providers (“BI Reg. 23/6”) and BI Reg. 23/7/PBI/2021 on Payment Service Infrastructure … Indonesia’s Payment System Reform: Key Changes under BI Regulation No. 10/2025 and MBG Regulation No. 32/2025








