🧠 Food for thought

Implications, context, and why it matters.

•  PMK 108/2025 (a Ministry of Finance regulation) pulls payment service providers and electronic money (e-money) operators into Indonesia’s financial information reporting. The tax authority can access account and transaction data. Coverage by Bank Indonesia license tier is unclear 1.
•  Bank Indonesia oversees Payment Service Providers (PJP) and Payment Infrastructure Providers (PIP). Licenses span three tiers with four activity types. It is unclear whether the new reports will include every tier or only some 1.
•  Reportable data fields, transaction thresholds and reporting frequency are not stated. Penalties are also not stated. Operators cannot gauge the workload yet. Data exchanges start in 2027 for 2026 activity, with partners and legal instruments not named.
•  Regulatory technology (regtech) firms can help Indonesian payment service providers collect, format, then report customer data for the tax authority in line with the Organisation for Economic Co-operation and Development (OECD)’s updated Common Reporting Standard (CRS) / Crypto-Asset Reporting Framework (CARF).
•  On its site, Bank Indonesia posts lists of licensed e-money issuers and payment service providers, which gives vendors a target list for data mapping, plus Automatic Exchange of Information (AEOI) connector pitches 2.
•  Vendors that offer automated tax reporting, integration with Bank Indonesia’s e-Licensing system (its online licensing portal) 3, plus crypto transaction monitoring can stand out by packaging compliance as a ready-to-use service instead of one-off builds.
•  Early movers that build ties with licensed providers before the 2027 exchange start can become the default compliance partner in Indonesia’s digital payments market.