Security Legal Provisions for the Use of Electronic Wallets as Transaction Media Based on Bank Indonesia Regulation Number 18 of 2016 Concerning Implementation of Transaction Processing

DOI

10.2991/978-2-38476-180-7_12How to use a DOI?

Keywords

Legal Certainty; Digital Wallet; Consumer Protection

Abstract

The use of this electronic wallet makes it easier for humans to transact at a distance or near. Only need a smartphone without cash and an ATM card, the transaction process can be done. Based on this background, the authors raised the formulation of the problem, namely how the legal regulation of the security of the use of electronic wallets as a transaction medium is reviewed juridically based on Bank Indonesia Regulation Number 18 of 2016 concerning the Implementation of Transaction Processing and how is legal certainty regarding the security of the use of electronic wallets as a transaction medium based on Bank Indonesia Regulations Number 18 of 2016 concerning Implementation of Transaction Processing. The research method in this study is Normative Legal Research with Statute Approach, Conceptual Approach with Primary, Secondary, Tertiary Legal Material Sources which are collected using legal material collection techniques obtained from libraries, the internet and e- journal that will be analyzed qualitatively. The legal regulation on the security of using electronic wallets as a transaction medium does not explain what is meant by including authorization activities, clearing activities and final settlement activities (settlement) giving rise to multiple interpretations or a blurring of norms. Legal certainty regarding the security of using electronic wallets as a transaction medium based on Bank Indonesia Regulation Number 18 of 2016 concerning the Implementation of Transaction Processing, namely the absence of legal certainty providing protection to consumers of payment system services aimed at electronic wallet users. Principles of consumer control consisting of fairness and reliability, transparency, protection of consumer data and/or information, as well as effective handling and resolution of complaints.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Anak Agung Sagung Ngurah Indradewi
AU  - I Wayan Partama Putra
PY  - 2023
DA  - 2023/12/31
TI  - Security Legal Provisions for the Use of Electronic Wallets as Transaction Media Based on Bank Indonesia Regulation Number 18 of 2016 Concerning Implementation of Transaction Processing
BT  - Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
PB  - Atlantis Press
SP  - 92
EP  - 108
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-180-7_12
DO  - 10.2991/978-2-38476-180-7_12
ID  - Indradewi2023
ER  -