- Oct 12, 2016
aah I see. I never read that thread.Eh…
How did you get this? di you have to ask specifically for a debit card? . Ah yes, I forgot. It's a debit card with VISA. So the shops etc. swipe in in their CC terminals but it will deduct instantly from the account.www.expatindo.org
As we discussed there in that thread, the GPN as inter banking network, goes much further than replacing credit cards. Those are using the system. Just like transportation and toll roads systems, e-commerce and QRIS, etc. etc.
The title ‘The Indonesian government encourages the use of GPN to replace Visa, MasterCard’ makes no sense.
I agree.I think it is part of a bigger plan of BI. See Garuda project.
Yeah, yeah... avoid cash because of the smell...*
Did you ever see (and smell and ‘feel’) the banknotes here?
That‘s because the rotation of the notes (so the replacement by the national bank) is much lower in a country as Indonesia. I try to avoid cash at all times.
For those that have nothing, those 1,000, 2,000, and 5,000 notes don't feel they are worthless. Maybe the self centered, egotistic bule who thinks they are better than the locals that surround them because they want to show off some wealth may but, those small bills can buy a hungry stomach a meal.20,000rp is about €1.20 or £1
I don't even think I carry them. Too small for me to be worried about. If I even get one in my change I don't pick it up.
Blues and reds only for me. No one got time to have a pocket of coins. (Equivalent)
I mean 1,000 2,000 and 5,000rp notes even for poor people must be the most worthless note or one of in the world
Its like 1/15th of a $
Not even a dime or a quarter
"That's how much the wealth of Bill Gates ($50 billion) is, because he will not pick up $45,000. It is not even worth bending over to pick up."Astrophysicist Neil deGrasse Tyson devised an informal experiment around found money in order to better "understand extreme wealth."www.cnbc.com