Business regulation in Indonesia continues to evolve and grow more layered. We focus on supporting domestic and foreign companies in obtaining Payment Service Provider (PJP Bundling 1, 2, and 3) licenses at Bank Indonesia (BI) — from document preparation and filing through to maintaining compliance after the license is issued.
| Category | Scope |
|---|---|
| Bank Indonesia PJP License | Support for filing Payment Service Provider (PJP) Bundling 1, 2, and 3 license applications, for domestic and foreign companies looking to operate in Indonesia's payment system industry. |
| Requirement Document Preparation | Preparing technical, institutional, and operational documents in accordance with Bank Indonesia requirements for each PJP category. |
| Institutional Compliance & Reporting | Registration and periodic reporting to Bank Indonesia in line with applicable requirements for licensed PJPs. |
| Renewal & Extension | Monitoring license validity periods and managing renewals before expiry. |
| Regulatory Support | Assessing the impact of new Bank Indonesia regulations on the client's operations and business structure. |
We specifically serve the payment system and money remittance sectors under Bank Indonesia's authority — not sectors supervised by OJK — so the support we provide is sharper and grounded in PJP-specific regulatory context.
Identifying all licenses required based on the client's business field and scale.
Preparing all requirements and supporting documents in accordance with the relevant authority's provisions.
Submitting the application and following the process through to the authorized institution.
Monitoring validity periods and periodic reporting obligations after the license is issued.
The three are distinguished by the scope of payment system service activities that may be conducted under Bank Indonesia regulations. During the initial consultation, we help map out which category best fits the client's business model.
Yes. We support foreign companies both in applying for a PJP license independently and in considering the acquisition of an already-licensed local PJP company as a faster market-entry route.
Duration depends on the PJP category, document completeness, and the client's system readiness — ranging from a few months to longer for more complex cases.
Yes, we provide monitoring of license validity periods and periodic compliance reporting to Bank Indonesia.
