Waskita Karya Launches Integrated Host-to-Host Payment System

Waskita Karya has launched an integrated Host-to-Host payment system that connects its internal systems directly with Bank Negara Indonesia’s banking platform in real time.

The Indonesian construction company uses BNI’s Application Programming Interface, which meets the National Open API standard known as SNAP. Waskita said it became the first construction company to receive SNAP certification.

The system allows project teams to submit payments digitally through SAP instead of preparing physical billing documents. They can also monitor the progress of payment requests from anywhere, while Waskita’s business partners receive real-time information about invoice payments.

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This is in line with Waskita’s transformation, which follows eight streams. One of them is business transformation to strengthen fund governance and realize good corporate governance.

Chief Financial Officer Wiwi Suprihatno said the implementation supports the company’s effort to centralize payments and strengthen financial governance. “This is in line with Waskita’s transformation, which follows eight streams. One of them is business transformation to strengthen fund governance and realize good corporate governance,” Wiwi said in an official statement.

Wiwi said the system had a positive effect on cash-flow management and matched the company’s priorities and strategy. Waskita plans to digitize its operational systems more broadly and described its cooperation with BNI as part of state-owned-enterprise collaboration intended to simplify services and support Indonesia’s national payment system.

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The use of BNI’s API services represents state-owned-enterprise collaboration aimed at making things easier for the public while promoting the national payment system.