Indonesia Business Licencing Regime Moves From Commitment-based to Risk-based Criteria | Hogan Lovells jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Payment Service Providers (Penyedia Jasa
Pembayaran ─ PJP )
This group includes activities related to the
provision of payment services to end-users of Payment System
services on the front end, covering activities including, among
others: displaying information about sources of funds; initiating
transactions/acquiring (electronic wallets, acquirers and payment
gateways); issuing payment instruments/accounts; remittance/fund
transfer services.
66412
Payment System Infrastructure Providers
(Penyelenggara Infrastruktur Sistem Pembayaran ─ PIP )
This group includes activities related to the
operation of payment system infrastructure which is primarily used
to facilitate PJP transactions, both for the PJP s own
interests and the interests of the end-user, covering activities
which include, among others, performing functions as a principal,