History of Indonesian Rupiah The rupiah or Indonesian rupiah is the official currency of Indonesia. The origin of the currency’s name ties to the Sanskrit word for silver, which sounds similar to this modern iteration. The rupiah is also often referred to as Perak, meaning silver in Indonesian. The currency was introduced back in 1946 during the fight for independence by Indonesian nationalists. It came as a replacement for a variation of the Netherlands Indies gulden, a currency introduced...
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History of Indonesian Rupiah

The rupiah or Indonesian rupiah is the official currency of Indonesia. The origin of the currency’s name ties to the Sanskrit word for silver, which sounds similar to this modern iteration. The rupiah is also often referred to as Perak, meaning silver in Indonesian. The currency was introduced back in 1946 during the fight for independence by Indonesian nationalists. It came as a replacement for a variation of the Netherlands Indies gulden, a currency introduced by the Japanese occupation during World War 2.

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The rupiah doesn’t have too much to boast about. It’s currently ranked as the fourth weakest currency worldwide, as one USD equals around 14,257 rupiahs. There have been several attempts to redenominate the currency, but unfortunately, they’ve been unsuccessful so far. At the moment, you can find eight different Indonesian rupiah banknotes and four coins. The banknotes are 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 75,000, and 100,000. The coins include 100, 200, 500, and 1,000 rupiahs.

Safe Casino Deposit Methods that Accept Indonesian Rupiah

As you can probably guess, the Indonesian rupiah doesn’t do too well in the online casino market. Since the currency isn’t too popular, it’s only available locally, and even then, it can run into some issues. If you’re looking for online casinos and payment options that accept this currency, you’ll have a hard time finding them. Both are rare, which means a detailed and thorough search is required. Additionally, we recommend checking the validity of methods that offer this option. That said, here are the top choices we’ve managed to find:

  • GoCash88: GoCash88 is still somewhat of a mystery to most online casino users. The service was created by a small Malaysian company that only reaches a few locations worldwide. As such, it’s not widely available in many online casinos. The good news about using GoCash88 is that it’s an eWallet! Naturally, this means that you can expect transactions that are much quicker than what you’d get with more traditional payment options.
  • Ezpay: Ezpay is a pretty well-established payment method in the Asian market. While it’s widely available for several purposes, it’s not the most popular option when online gambling is in question. If you do happen to find an Ezpay online casino, we have good news! The service is fully online, mainly working on mobile. Thanks to this, transacting is convenient, quick, and reliable. The payments also go through an SSL encrypted channel, so the security of the service is top-notch!
  • FastCashAsia: Fast Cash is a financial company based in the Philippines that operates a bit differently than most other casino payment options you might be familiar with. Through Fast Cash Asia, you can apply for loan and receive an amount you can use to play at online casinos. The service isn’t popular, so finding an appropriate online gambling operator might be an issue. The pro of using this service is the low-interest players get on repayment.
  • Help2Pay: Help2Pay is a well-known banking option in Southeast Asia. While the service doesn’t have a massive worldwide reach, it’s available in many top Asian online casinos! Since Help2Pay is a digital payment platform, it offers excellent perks like quick transactions done through the web or a mobile device. To use Help2Pay, you’ll need to create an account with the service using your banking details. This information isn’t then shared with the online gambling site, granting users more anonymity when transacting online.

Gambling Restrictions for Indonesian Rupiah

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One thing we can say for sure about online gambling in Indonesia is that it’s difficult to control. Since the country is made up of 37 provinces, enforcement of internet-based laws is nearly impossible! That said, online gambling in Indonesia is illegal. The main reason for this is Islamic law, which looks down on such practices. While this can be a downer for Indonesian casino fans, we do have some good news to soften the blow. Although illegal, the online gambling ban isn’t enforced in the region. Tons of Indonesians enjoy online gambling without running into issues.

So far, there haven’t been any public cases of persecution for online gambling in the region. On top of that, it looks like the government is disinterested in pursuing any action against people that partake in the activity. While this seems like a good thing, it means that the lack of licensing and regulation leaves players without any protection when online gambling. Because of this, Indonesian casino fans must play at well-established operators with a stellar reputation.

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