Money is moving faster than ever in Indonesia, and BI-FAST is right at the center of it. During the fourth quarter of 2025, transactions processed through BI-FAST reached 1,358.65 million. It is evolving into a stronger pillar of the digital payment ecosystem. To support this shift, three new features have been introduced.
That represents a 30.44 percent increase year on year. The value is just as striking. Total transactions amounted to Rp3,442.26 trillion.
These numbers highlight how essential BI-FAST has become. It is no longer just an alternative transfer channel. It now plays a dominant role in facilitating fund transfers for daily personal needs, while also supporting broader economic and social activities.
As usage continues to climb, Bank Indonesia has expanded the system’s capabilities. BI-FAST is evolving into a stronger pillar of the digital payment ecosystem. To support this shift, three new features have been introduced.
One of them is Bulk Credit Transfer. This feature addresses situations where funds must be distributed to many recipients at the same time. Examples include salary payments, dividend distribution, and social assistance disbursement. Handling transfers one by one can take time and increase the risk of mistakes.
Through Bulk Credit Transfer, users can send funds to at least 20 recipients in a single transaction process. Every transfer is processed in real time and recorded systematically. Each transaction follows the BI-FAST scheme, with a maximum fee of Rp2,100 per transfer.
Read also: BI Urges iPhone Users to Be Patient as Apple Reviews QRIS Tap NFC Access
The general steps are straightforward. Users log in to mobile banking or internet banking. They select the BI-FAST or bulk transfer menu, then choose Bulk Credit Transfer. After that, they upload or enter a list of destination accounts with a minimum of 20 recipients. The next step is to review the amount and recipient details. The transaction is then confirmed using a PIN or other required authentication.
Another addition is Request for Payment. Not every transaction begins with the sender transferring money. With this feature, users can request funds directly through the system. Once the recipient receives a notification and agrees, the money is automatically transferred to the requester’s account. When the request is approved and payment is completed, a BI-FAST fee of up to Rp2,500 per transaction applies.
This feature is particularly useful for professionals and business owners. It supports invoice billing, shared contributions, and cost splitting for group activities.
The usage flow is also simple. Users log in to their banking application and select the BI-FAST menu. They choose Request for Payment, enter the recipient’s account number or alias, then determine the amount and transaction description. After sending the request, they wait for the recipient’s approval.
The third feature is Direct Debit Transfer. This is designed for routine and recurring payments such as installments, membership dues, or periodic service fees. With prior authorization from the user, funds are debited automatically based on a predetermined schedule. Each debit follows BI-FAST provisions, with a maximum fee of Rp2,500 per transaction.
In general banking practice, the steps begin with logging in to the banking application. Users select the BI-FAST menu and choose the Direct Debit feature. They provide authorization for the debit arrangement, set the schedule and transaction limit, and confirm according to the bank’s security procedures.
With transaction volume surpassing 1,358.65 million and value reaching Rp3,442.26 trillion in just one quarter, BI-FAST is clearly expanding its footprint. The addition of these three features shows that the platform is not standing still. It is adapting to how people and businesses move money today, quickly, collectively, and increasingly through digital channels.
