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A new study aims to help close the archipelagic country’s financial inclusion gap as it reaches toward high-income status.
According to Bank Indonesia, digital transaction volume in 2024 grew by over 30% year-on-year, driven by mobile banking, QRIS usage, and fintech adoption ... deployment on public cloud or private data ...
The Bureau of Labor Statistics, which is part of the Labor Department, said on Wednesday that it was reducing its collection of price data “in areas across the country” and that it had stopped ...
QRIS has become the king of digital payment channels for local transactions. Visa–Mastercard’s position remains dominant for cross-border payments.
During the occasion, the Vice President stated that QRIS users had reached more than 56 million people, and the number of merchants had surpassed 38 million. As of March 2025, Gibran said that data ...
Jakarta (ANTARA) - Vice President Gibran Rakabuming Raka has praised Generation Z for their growing preference to use the Quick Response Code Indonesian Standard (QRIS) as a primary payment method, ...
uick Response Code Indonesian Standard (QRIS) has emerged as a significant tool in the realm of domestic transactions, illustrating Indonesia's determination to maintain its sovereignty without ...
Indonesia’s QRIS payment system is similar to India’s Unified Payments Interface (UPI). It was launched in 2019 by Bank Indonesia to facilitate digital payments across the country.
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