Legal Position for Electronic Money Owners in NonCash Payment Transactions

With the development of the new era, the use of electronic money (e-money) is very rapid which makes it easier for users to transact but can also cause losses for the owner. if the electronic money is lost or stolen. Transactions using e-money can be carried out without going through an authorization process such as a PIN (Personal Identification Number) so that the e-money action can be used easily by other unauthorized or digital theft. Where in Bank Indonesia regulation Number 20/6 / PBI / 2018 has been included regulations related to financial compensation but not yet regulated clearly and in detail so that the regulations are unclear, this has resulted in different interpretations between different institutions one another. This research describes legal arrangements for owners of electronic money if there was a loss on the e-money card and to find out the responsibility the bank is responsible for providing non-payment instrument activities cash for losses suffered by the emoney card owner. Method the research used in this paper is the research method normative law. The study results show that replacement losses to e-money can only be made if occurs damage from the publisher. The bank is not responsible for any losses the e-money owner caused due to negligence of users who were this regulation violates the consumer protection principle.