Jakarta, Nov. 11 -- Bank Indonesia (BI) reported that transactions processed through the BI-FAST service have surpassed Rp25 quadrillion (around US$1.5 trillion) in value and 9.61 billion in volume from its launch in December 2021 to September 2025.

BI-FAST is a real-time interbank transfer system with a fee of Rp2,500 (US$0.15) per transaction.

BI Deputy Governor Filianingsih Hendarta said the achievement reflects the rapid growth of digital payments since the implementation of the Indonesian Payment System Blueprint (BSPI) 2025.

"In the past six years, Indonesia's payment system has evolved through various strategic initiatives. Now, we have QRIS, BI-FAST, SNAP, and the electronification of government and transportation transactions,...