SISTEM PEMBAYARAN | EKONOMI X

Summary

This video lesson explores the payment systems in Indonesia, focusing on both cash and non-cash methods, such as credit cards, ATMs, debit cards, and electronic money. It delves into the role of Bank Indonesia as a regulator, supervisor, and operator in ensuring the smooth operation of payment systems. The lesson also covers the importance of understanding payment transactions and how they contribute to the economy, as well as the various tools used for transfers and payments. The video provides insight into the concepts of payment systems, money, and financial literacy for students.

Takeaways

• 😀 The lesson covers the concept of the payment system in Indonesia's economy, focusing on understanding its structure and purpose.
• 😀 The learning goals include providing students with a comprehensive understanding of the payment system and how it works.
• 😀 The profile of a Pancasila student, which emphasizes independence and critical thinking, is an important aspect of this lesson.
• 😀 The payment system includes three stages: authorization, clearing, and settlement.
• 😀 There are two types of payment systems: cash and non-cash, with non-cash including methods like cards, checks, and electronic money.
• 😀 Bank Indonesia plays four critical roles in the payment system: as a regulator, supervisor, licensor, and operator.
• 😀 As a regulator, Bank Indonesia creates rules and regulations to ensure the smooth operation of the payment system, such as in fund transfers.
• 😀 As a supervisor, Bank Indonesia monitors and assesses activities to improve the payment system's efficiency and security.
• 😀 Bank Indonesia also operates systems for large-value transactions (e.g., BI-RTGS) and retail transactions (e.g., national clearing system).
• 😀 The payment system involves various instruments, such as credit cards, ATM cards, debit cards, and electronic money, each with specific functions.
• 😀 The use of electronic money, like GoPay and OVO, is becoming increasingly popular due to its convenience, especially in online shopping and modern transactions.

Q & A

What is the definition of a payment system?

A payment system is a set of rules, institutions, and mechanisms used to transfer funds to fulfill obligations arising from economic activities. It is closely related to the concept of money, which will be covered in the next lesson.

What are the three stages involved in a payment system?

The three stages in a payment system are authorization, clearing, and settlement (or step-out). These stages ensure the smooth transfer of funds between parties.

What are the two main types of payment systems discussed?

The two main types of payment systems are cash payments and non-cash payments. Cash payments use physical money, while non-cash payments involve electronic instruments like cards, checks, and electronic money.

What is the role of Bank Indonesia in the payment system?

Bank Indonesia has four main roles in the payment system: as a regulator (setting regulations), as an overseer (monitoring activities), as an issuer of permits (granting licenses), and as an operator (providing payment system services).

What is the difference between cash and non-cash payment systems?

Cash payment systems use physical currency, such as banknotes and coins. Non-cash payment systems use electronic methods, including payment cards, checks, bills of exchange, and electronic money.

How does Bank Indonesia ensure the integrity of large-scale payments?

Bank Indonesia ensures the integrity of large-scale payments through systems like BI-RTGS (Real-Time Gross Settlement), which processes large-value transactions quickly and securely.

What is BI-RTGS and how does it function in large-scale payments?

BI-RTGS is a payment system designed to facilitate large-value, time-sensitive transactions. It allows electronic transfers of significant sums, such as millions of dollars, ensuring fast and secure processing.

What is the role of clearing houses in retail payment systems?

In retail payment systems, clearing houses facilitate the exchange of financial data and checks between banks. The transactions are settled at a later stage, allowing for the smooth transfer of funds.

What are the different types of cards mentioned in the payment system?

The different types of cards include credit cards, ATM cards, and debit cards. Credit cards allow deferred payment, ATM cards are used for withdrawing cash and making transfers, and debit cards are used for immediate payments directly from the user’s bank account.

What is electronic money and how is it used?

Electronic money (e-money) is a digital form of money stored in electronic media, often through mobile applications or cards. It allows users to make payments electronically without the need for physical cash.