Strengthening QRIS

Since the beginning, BI has directed the ASPI as a standards agency mandated to create QRIS, using standards with high interoperability and interconnectivity.

KOMPAS/DIAN DEWI PURNAMASARI

New parking receipt with payment system with online application. A number of on-the-street parking locations in DKI Jakarta have implemented online payments.

Bank Indonesia, the Indonesian Payment System Association (ASPI) and all payment service providers should be applauded for their success in promoting QRIS (Quick Response Code Indonesian Standard) as part of the national retail payment infrastructure. Since its launch by the central bank in August 2019, QRIS has grown rapidly.

According to the ASPI, the number of QRIS merchants as of June 2022totaled 19 million merchants that recorded 79 million monthly transactions worth Rp 9.5 trillion (US$6.12 million). The figure is quite significant compared to the monthly transaction value of Rp 46 trillion for debit cards, Rp 25 trillion for credit cards, and Rp 32 trillion for electronic money.