Indonesia - Indonesian MOTR No. 31/2023 Affecting Foreign Online/E-Commerce Businesses. Legal News and Analysis - Indonesia - International Trade, Regulatory & Compliance -
This paper focuses on the usage of accounts to avail various financial services under the financial inclusion drive by the Government of India. It examines the factors affecting the use of financial services by 500 respondents from three districts of Punjab, namely Jalandhar, Gurdaspur, and Sangrur. It investigates financial services such as deposits, withdrawals, loans,
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.
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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,