Thursday, September 19, 2024
HomeNewsIndonesiaIndonesian government targets payment platforms facilitating online gambling

Indonesian government targets payment platforms facilitating online gambling

Indonesia will soon sanction digital payment platforms that facilitate online gambling transactions, as announced by the government.

Minister of Communication and Information Technology, Budi Arie Setiadi, revealed on Saturday that his ministry has issued warning letters to 21 providers responsible for 42 digital payment applications.

These warnings were prompted by evidence suggesting that these platforms were being used for gambling-related payments. The ministry’s letter instructed the service providers to conduct internal audits of their payment systems and submit the findings within a seven-day window.

Setiadi stressed that failure to comply within this timeframe would result in administrative penalties.

This move is part of Indonesia’s broader efforts to combat online gambling. On June 14, 2024, President Joko Widodo signed a decree to establish a task force dedicated to eradicating online gambling.

In June, the Financial Transaction Reports and Analysis Center (PPATK) reported that it had blocked thousands of bank accounts connected to online gambling, amounting to a total of IDR600 trillion ($36.39 billion).

Frank Schuengel
Frank Schuengel
Frank Schuengel is an online gambling industry veteran with over twenty years of experience in Europe and Asia. Equally at home in the Isle of Man and the Philippines, he started his career as a sports trader before setting up and running whole operations, and more recently focusing on the regulatory and licensing side of things in the worlds of fiat and crypto eGaming. When he is not writing about gambling topics, he can be found cycling around Manila and advocating sustainable transport solutions for a Philippines based mobility magazine.

MORE ARTICLES

FOLLOW US

daily newsletter