TEMPO.CO, Denpasar - National Police’s traffic unit is set to launch a new format of driver's license dubbed Smart SIM on September 22, 2019. One of its flagship features is it can be used as electronic money.
However, the Traffic Police Chief Insp. Gen. Refdi Andri said the activation of the e-money feature is not an obligation. “It’s the right of the SIM owner, if it’s necessary, please ask for it,” said Refdi in Jakarta, Tuesday, August 27.
Two state-owned lenders reportedly have explored the cooperation with the police in developing the program. They are Bank BNI and Bank Mandiri.
“We are developing it with the traffic unit, and now it’s in the process of licensing,” said BNI Institutional Relations Director Adi Sulistyowati to Tempo, Tuesday, August 27.
Bank Mandiri expressed the same concern. “There have been initial talks, but for sure, we have to consult it to regulators first,” said Mandiri Senior Vice President Transaction Banking Retail Sales, Thomas Wahyudi, in Denpasar, Bali, Wednesday, August 28.
The issuance of Smart SIM as e-money is regulated and must possess a license from Bank Indonesia (BI), as mandated in the BI Regulation No. 20/6/2018 on electronic money issued on May 7, 2018. Therefore, the permit proposal should be submitted by banks in cooperation with the National Police.