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The plan to implement a 12% VAT increase on January 1, 2025 is currently in the spotlight because it will have an impact on a number of sectors including electronic money transaction services. PrismaLink International CEO, Laksono said that the increase in VAT to 12% will have an impact on electronic money transaction services. Where this VAT increase will affect merchants which will be transmitted to customer product prices, so there is the potential for merchants to change payment methods including returning to cash payments. What is the impact of 12% VAT on electronic money transactions? For more, see Syarifah Rahma with PrismaLink International CEO, Laksono in Power Lunch, CNBC Indonesia (Monday, 12/23/2024) Continue to follow business economic news and in-depth analysis only at https://www.cnbcindonesia.com/. CNBC Indonesia is affiliated with CNBC International and operates under the Transmedia group and is affiliated with Trans TV, Trans7, Detikcom, Transvision, CNN Indonesia and CNN Indonesia.com. CNBC Indonesia can be enjoyed through Transvision channel 805 or streaming through the CNBC Indonesia application which can be downloaded on the Playstore or iOS. Follow us on social: Twitter: / cnbcindonesia Facebook Page: / cnbcindonesia Instagram: / cnbcindonesia / cuap_cuan Tiktok: https://bit.ly/38BYtJx Spotify: https://spoti.fi/2BR7KkT