It is emphasized that the system will allow Indonesian tourists to…
It is emphasized that the system will allow Indonesian tourists to pay for goods and services in Russia without multiple currency exchanges, while Russian tourists will be able to make payments in Indonesia via the LinkAja application.
Consensus
- PT Manna Indonesia Group is developing a cross-border payments system for Russian and Indonesian tourists.
- The system aims to simplify transactions between Russia and Indonesia without multiple currency exchanges.
- Russian tourists will be able to use the Indonesian mobile payment service LinkAja.
- The initiative is intended to strengthen tourism, trade, and investment ties between Russia and Indonesia.
- The project was initiated during the Russia-ASEAN business forum in Kazan.
- The company is seeking a partner in the money transfer sector to implement the system.
Points of divergence
- The system will allow Indonesian tourists to pay for goods and services in Russia without repeated currency exchange. — vesti
- Many Russians currently use cryptocurrency to pay in Indonesia, buying crypto first and then exchanging it for rupiah. — m24
- Russian users will need to register a local SIM card to use the system, with a monthly transaction limit of up to 40 million Indonesian rupiah. — m24
- Russian President Vladimir Putin discussed pharmaceuticals, space, and energy as key areas for cooperation with Indonesian President Prabowo Subianto during a meeting in April. — vesti
- Several Russian organizations, including the Russian Export Center and Moscow Export Center, have shown interest in the project. — m24
Coverage (2 sources)
- Indonesia Creates Payment System for Russian Tourists — Вести
- New payment system for Russians will appear in Indonesia — Москва 24