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

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

By 2020, nearly all states had implemented some form of QRIS, though participation remains voluntary in many areas. These systems vary widely — some use star ratings (one to five stars), others ...

Jakarta: Indonesia's Business Competition Supervisory Commission considers the United States' criticism of the Quick Response Indonesian Standard (QRIS) and the National Payment Gateway (GPN) to ...

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. Now, it ...

QRIS promotes the UNGGUL spirit—UNiversal, GampanG, Untung, and Langsung—which emphasizes its contribution to digital payment innovation. It is expected to boost efficiency, support micro, small, and ...

TEMPO.CO, Jakarta - Djamin Edison Nainggolan, executive director of the Indonesian Payment System Association (ASPI), predicts that QRIS, or the Quick Response Code Indonesian Standard, will become ...

QRIS codes can currently be used in Thailand and Malaysia. BI said on May 25 that it was developing cross-border QRIS implementation with Singapore, Japan, India and China.

As the demand for convenience and security mirrors in both the Indonesian and Thai markets, Tan is optimistic about the growth prospects of UOB’s cross-border QR payment services facilitated by the ...

SINGAPORE - UOB and OCBC bank account holders can now make cashless payments using QR codes in Indonesia, while DBS customers will be able to do so soon. These seamless cross-border retail ...