Stay updated with breaking news from Real Time Payments Solution. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ACI Worldwide are to accelerate real-time payments in Indonesia with BI-FAST payment services and expanded bank participation
BI-FAST, Indonesia’s domestic real-time payments scheme — provided by Bank Indonesia and powered by ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software — has announced plans to launch a wide range of new real-time payment services as the scheme celebrates its first anniversary.
The Finance Ministry on Sunday said United Payments Interface (UPI) is a digital public good and there is no consideration in the government to levy any charges on this.