Tag: Digital Transaction
QRIS Transactions on the Rise, Java Island Dominates
As technology continues to evolve, the realm of digital transactions has witnessed tremendous growth, leading to increased convenience for society. One particular milestone in...
No Longer Free, Bank Indonesia Imposes MDR Fees for QRIS Transactions
In a recent development, Bank Indonesia (BI) has implemented the Merchant Discount Rate (MDR) for merchants utilizing the Quick Response Indonesian Standard (QRIS) services....
QRIS to Unveil a Range of New Features, Promising Increased Benefits...
Bank Indonesia (BI) has announced that it will introduce new features for the Indonesian Standard QR Code or QRIS in August 2023. These upcoming...
Bank Indonesia Extends Credit Card Relaxation Policy to Boost Digital Payment...
In a bid to improve service quality, transaction efficiency, and expand the digital financial ecosystem, Bank Indonesia (BI) has announced the extension of its...
The Pandemic Has Passed, Paper Money Has Also Passed With It?
According to Bank Indonesia (BI), the digital economy and finance are rapidly growing in Indonesia, and the COVID-19 pandemic has brought unique opportunities for...
Electronic Money Will Grow Significantly in Indonesia
Digitalization has penetrated the financial sector in Indonesia. With the convenience it offers, the electronic money will continue to grow and become increasingly popular...
E-commerce Transactions Are Predicted to Reach IDR 572 Trillion in 2023
Digitalization, which is increasingly expanding to various aspects of life, also influences the shopping style of the Indonesian people. Digital transactions, such as online...
Merchant Transactions Through QRIS Reached IDR 9.66 Trillion
Indonesia's digital transactions show significant growth. This rapid growth is due to the Quick Response Code Indonesian Standard (QRIS) feature that makes it easy...
DKI Jakarta Digital Transaction Reaches 3.9 Million Merchants
The digital transaction systems in traditional markets and shopping centers in DKI Jakarta continue to grow and reach 3.9 million merchants. This figure shows...
