TEMPO.CO, Jakarta - Indonesia’s quick response code payment service dubbed QRIS will be available in four ASEAN countries. Bank Indonesia (BI) in tandem with the central banks of Thailand, Malaysia, ...

Today’s blog will explore the challenges and opportunities of QRIS-related technical assistance. It is important to be clear about the relationship between TA and the QRIS standards.

Most QRIS offer financial incentives to improve quality. Almost 85 percent of QRIS offer some form of financial incentives, with quality awards and bonuses being the most widespread type.

QRIS has become the king of digital payment channels for local transactions. Visa–Mastercard’s position remains dominant for cross-border payments.