Digital Transactions Boom: Jakarta Dominates the Distribution of Registered Electronic Money in Indonesia

Electronic money (e-money) has become a popular choice for Indonesians to conduct financial transactions, whether for paying for goods and services or transferring funds between users.

According to Bank Indonesia (BI) data, the number of registered electronic money units reached 106.65 million in April 2022. This figure includes both server-based and chip-based (card) electronic money.

Of this total, 39.69 million (37.22%) registered electronic money units were in Jakarta. This means that more than one-third of registered electronic money is located in the capital city.

The next highest number of registered electronic money units was in West Java, reaching 11.98 million units (11.23%). This was followed by East Java with 11.66 million units (10.93%), Central Java with 11.22 million units (10.52%), Yogyakarta Special Region with 6.19 million units (3.91%), and South Kalimantan with 4.16 million units (3.91%).

Following these were East Kalimantan with 2.86 million registered electronic money units (2.68%), West Nusa Tenggara with 2.78 million units (2.61%), North Sumatra with 2.39 million units (2.24%), and Banten with 2.2 million units (2.31%). Meanwhile, electronic money registered in other provinces and circulating abroad totaled 11.5 million units (10.79%).

In total, there were 620.78 million electronic money units as of April 2022. This comprises 106.85 million registered units and 514.12 million unregistered units.