Tag: QRIS
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 and Bank Negara Malaysia Officially Launch Cross-Border QR Code...
Today (8/5), Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have officially launched the implementation of payment interconnectivity between Indonesia and Malaysia using QR...
Jokowi Wants Cross-Border Payment Cooperation to Be Established
The implementation of payments using cross-border currencies, according to President Jokowi, is very urgent. He hopes that this collaboration can soon be formalized in...
Debit Cards Are Rarely Used, Time to Say Goodbye?
Digitalization, which also targets the financial and payment sectors, causes the use of debit cards will be rarely used in the near future. This...
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...
Shopping in Singapore Can Use Rupiah
Transacting in Singapore will be easier due to the immediate legalization of the Rupiah currency as a means of payment there. Bank Indonesia (BI)...
Complicated-free! Indonesian Tourists to Thailand No Longer Have to Exchange Currencies
On August 17, Bank Indonesia launched the National Open API Payment Standard (SNAP) and the pre-official launch of Intercountry QRIS.
For the intercountry QRIS feature,...
