Indonesian Political, Business & Finance News

BI: Digital Economic and Financial Transaction Growth Remains High in May

| | Source: MEDIA_INDONESIA Translated from Indonesian | Economy
BI: Digital Economic and Financial Transaction Growth Remains High in May
Image: MEDIA_INDONESIA

Bank Indonesia (BI) Governor Perry Warjiyo stated that the growth of digital economic and financial transactions in May 2026 remained high, supported by a safe, smooth, and reliable payment system. The volume of digital payment transactions reached 5.22 billion, growing 28.14% year-on-year (yoy), driven by the expansion of digital payment acceptance. Meanwhile, transaction volumes via mobile and internet applications grew by 26.16% (yoy) and 15.51% (yoy) respectively, including QRIS transactions which continued to grow strongly at 95.10% (yoy). “This positive performance is supported by an increase in the number of users and merchants. From an infrastructure perspective, the volume of retail transactions processed through BI-FAST reached 518 million transactions, growing 31.63% (yoy) with a transaction value of Rp1,265 trillion in May 2026,” Perry said during a virtual press conference for the BI Board of Governors Meeting on Thursday (18/6). On the other hand, Perry added that the volume of large-value transactions processed through BI-RTGS was recorded at 0.78 million transactions, growing 1.98% (yoy), with the nominal value of BI-RTGS transactions growing 8.08% (yoy) to reach Rp15,618 trillion in May 2026. In terms of Rupiah currency management, Currency in Circulation (UYD) grew 15.80% (yoy) to Rp1,324 trillion in May 2026.

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