January 2026
On 24 December 2025, Bank Indonesia (“BI”) issued BI Regulation No. 10 of 2025 on the Regulating of the Payment System Industry (“PBI 10”), followed by Regulation of the Member of the Board of Governors No. 32 of 2025 (“PADG 32”) as the implementing rule. PBI 10 forms part of BI’s Indonesian Payment System Blueprint (Blueprint Sistem Pembayaran Indonesia) 2030 agenda to strengthen digital integration, streamline risk‑based supervision, and enhance the resilience and structure of the national payment system industry. In doing so, the new framework revokes BI Regulation No. 22/23/PBI/2020 on Payment Systems and replaces several aspects under BI Regulation No. 23/6/PBI/2021 on Payment Service Providers and BI Regulation No. 23/7/PBI/2021 on Payment Infrastructure Providers (collectively referred to as “PBI 23”). The new regime introduces several concepts and classifications that did not exist previously, such as the TIKMI performance‑assessment, mandatory business planning requirements, a new Payment System Providers (Penyelenggara Jasa Sistem Pembayaran – “PSP”)‑classification model, and a tiered categorization of supporting providers. Together, these features represent structural regulatory changes that reshape BI’s supervisory approach.