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Indonesians urged to abandon Western payment systems
9 days ago | By RT
Russia sanctions show Visa and Mastercard could become a “problem,” President Joko Widodo warned
The leader of the world's most populous Muslim-majority country has said that Indonesia must reduce its dependence on foreign payment systems to negate the risk of a potentially disastrous economic fallout should the country ever come into crosshairs of Western sanctions.
Addressing a business forum in Jakarta this week, Widodo argued that Indonesia must shield itself from geopolitical disruptions, citing a sanction attack on Russia's financial sector by the US, the EU and their allies over the...
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