Abstract
This article aims to analyze and find the answer on how the regulation for transaction activities deals with electronic money by Chinese tourists in Indonesia, especially in Bali, as well as to analyze the effect on using WeChat Pay and Alipay payment in tourism sector. This legal research is using normative research method. It is concluded that Chinese electronic payment platform WeChat Pay and Alipay by Chinese tourists for doing payment transactions in Bali has not been explicitly regulated in Indonesia because those providers have not fulfilled any requirements and standards from Indonesian Central Bank (Bank Indonesia) and have not obtained any Indonesian legal status as a private company. Transactions using Chinese electronic also have impact for the country’s foreign exchange reserves. Foreign exchange reserves is one of the important aspect in deciding the value of state budget (APBN) that is also influenced by foreign exchange reserves from tourism sector.
Highlights
Transaksi Turis China di BaliThe usage of electronic payment platform from China in Indonesia that has been widely used in Bali Province makes Bank Indonesia as Indonesian Central Bank should make a new law regulation regarding the usage of foreign electronic payment in tourism activities
It is concluded that Chinese electronic payment platform WeChat Pay and Alipay by Chinese tourists for doing payment transactions in Bali has not been explicitly regulated in Indonesia because those providers have not fulfilled any requirements and standards from Indonesian Central Bank (Bank Indonesia) and have not obtained any Indonesian legal status as a private company
Foreign exchange reserves is one of the important aspect in deciding the value of state budget (APBN) that is influenced by foreign exchange reserves from tourism sector
Summary
The usage of electronic payment platform from China in Indonesia that has been widely used in Bali Province makes Bank Indonesia as Indonesian Central Bank should make a new law regulation regarding the usage of foreign electronic payment in tourism activities. Peraturan Bank Indonesia (Indonesian Central Bank Regulation) No 19/8/PBI/2017 about National Payment Gateway (Gerbang Pembayaran Nasional/GPN) has not regulating about electronic payment in Indonesia especially about Alipay and WeChat Pay electronic payment platform as a new thing in Indonesian transaction platform. Data collection method used by this research is literature study while data analysis method used in this research is legal interpretation method. id/transaksi-turis-cina-di-bali-wechat-pay-untung-bali-buntung-danN. 10 Soerjono Soekanto and Sri Mamudji, Penelitian Hukum Normatif: Suatu Tinjauan Singkat, PT Rajagrafindo Persada, Depok, p.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.