As digital transactions continue to grow in Indonesia, businesses and consumers must be aware of the evolving legal landscape. Recent regulations impose stricter requirements on e-commerce platforms, fintech companies, and online service providers to enhance security and protect consumer rights.
One of the main concerns is data privacy. The newly enacted Personal Data Protection Law (PDP Law) mandates that businesses handling personal information implement strong security measures to prevent data breaches. Companies found violating these provisions could face severe penalties, including fines and operational restrictions.
Additionally, electronic contracts and digital signatures are now legally recognized under Indonesian law. This makes online agreements more enforceable but also requires businesses to ensure compliance with legal requirements, such as clear terms and conditions, proper consumer disclosures, and secure authentication methods.
Another major development is the regulation of online payment systems. The government has introduced stricter policies to prevent fraud, money laundering, and cybersecurity threats in digital transactions. Businesses operating in the digital space must register with the appropriate authorities and implement robust financial security measures.
AGLC specializes in digital law and helps businesses comply with Indonesia’s evolving legal framework. Our team provides expert advice on data protection, e-commerce regulations, and digital contract enforcement. Reach out to us for guidance on securing your business’s digital transactions.