Indonesian E-Money Shopping Transactions Rise Until July 2025, Surpassing ATM and Credit Cards

Electronic money and card-based payment instrument (APMK) transaction data, sourced from BI, is processed by databoks-series.katadata.co.id.

Summary:

• The trend of using electronic money (e-money) for shopping is strengthening in Indonesia.
• The value of shopping transactions using electronic money reached Rp85.67 trillion in July 2025, surpassing shopping transactions using ATM/debit cards and credit cards.
• Throughout the January-July 2025 period, the value of shopping transactions using electronic money reached Rp524.89 trillion, growing by 65.49% (year-on-year/yoy).

The trend of using electronic money (e-money) for shopping is strengthening in Indonesia. The surge in electronic money transactions by 65.49% (yoy), reaching Rp524.89 trillion from January to July 2025, indicates strong acceleration towards a cashless society in Indonesia.

This is driven by the high adoption of financial technology, consumer preference for the convenience of digital transactions, and the effectiveness of Bank Indonesia's (BI) policies in promoting QRIS-based payment systems and e-wallets.

This trend not only shifts the dominance of ATM/debit and credit cards but also opens up significant opportunities for financial inclusion, economic efficiency, and the potential expansion of the digital tax base in the future.

However, the increasing shopping transactions using electronic money need to be balanced with the expansion of digital infrastructure, which is currently still concentrated in major cities, so that people in remote/outer regions can also enjoy shopping transactions using e-money.

Below are the numbers of electronic money and card-based payment instruments (APMK) in circulation as of July 2025:

• Electronic money: 1,004.02 million units
• ATM/Debit cards: 2,249.37 million units
• Credit cards: 130.85 million units

Furthermore, below are the numbers of shopping transactions using electronic money and card-based payment instruments (APMK) for the January-July 2025 period:

• Electronic money: 10.26 billion transactions
• ATM/Debit: 665.13 million transactions
• Credit cards: 288.32 million transactions