Concept
A unique code based on population/citizenship identification number, which functions as:
• a single identifier for all public financial transactions connected to bank accounts, e-wallets, Quick Response Code Indonesian
Standards, e-commerce platforms, and online lending services
• a key link between personal profile data and transactional activities
• an authentication tool for cross-platform transactions
Purposes
For the government
• to assess the economic potential in certain sectors based on public consumption and transactions
• to provide data support to promote Indonesia’s economic growth
For the public
• to access financial services
• to enhance transaction security
For the banking and financial sector
• to provide customer credit history
• to increase trust in the provision of facilities
As of August 2025, Payment ID is still in the trial stage (sandbox)
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