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🇮🇩 Indonesia /Technology

Waskita Launches SNAP-Based Integrated Payment System

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Official statement New plan
  • Waskita Karya launched a digital host-to-host payment system linked to Bank Negara Indonesia through the SNAP standard.
  • The system automates invoice submissions and payments, removes the need for physical billing documents, and lets project teams and partners track payments in real time.
  • The company said the system supports its digital transformation and plans to digitise its operations more broadly.

Waskita Karya has launched an integrated digital payment system that connects its internal operations directly with Bank Negara Indonesia’s banking platform.

With that, Waskita became the first construction company to receive SNAP certification.

— Wiwi SuprihatnoWaskita’s finance director described the company’s certification in a written statement.

The construction company uses BNI’s Application Programming Interface under Indonesia’s National Open API standard, known as SNAP. Its host-to-host system allows invoice applications and payments to move automatically between the company and the bank in real time.

Project teams no longer need to submit physical billing documents. They can process requests through the company’s SAP application and monitor each payment submission directly. Waskita’s business partners can also receive real-time information about invoice payments.

The aim is for financial processes to become integrated, efficient, transparent, and accountable.

— Wiwi SuprihatnoShe explained the governance goals of the host-to-host payment system.

Finance Director Wiwi Suprihatno said Waskita became the first construction company to receive SNAP certification. She described the system as part of the company’s digital transformation, aimed at making financial processes integrated, efficient, transparent and accountable.

In the future, Waskita Karya will carry out comprehensive digitalisation of the company’s operational systems.

— Wiwi SuprihatnoShe outlined the company’s planned expansion of digital operations.

The company said the system would also strengthen cash-flow management and centralise payment operations. Waskita plans to expand digitalisation across its operating systems, while its cooperation with BNI represents collaboration between two Indonesian state-owned enterprises.

We hope the cooperation that has been established can continue and realise sustainable digitalisation.

— Wiwi SuprihatnoShe discussed the longer-term cooperation between Waskita Karya and BNI.
About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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