Indonesia\u2019s Quick Response Code Indonesian Standard (QRIS) for\ncross-border transactions has once again gained international\nrecognition. The Indonesian payment system innovation achieved the\n\u201850-in-5 Awards 2026\u2019 in the Collaboration category, organised by the\nDigital Public Goods Alliance (DPGA) and Co-Develop.<\/p>\n
The award was presented during the 50-in-5 Milestone Event at the\n81st United Nations General Assembly (UNGA 81) in New York, United\nStates, on Monday (21\/9\/2026).<\/p>\n
The award was presented by Co-Develop Chief Investment Officer\nLindsey Crumbaugh to Bank Indonesia (BI) Deputy Governor Filianingsih\nHendarta, representing Indonesia.<\/p>\n
Bank Indonesia stated that the award serves as global recognition of\nthe success achieved by Indonesia and its partner countries in building\ninteroperable and inclusive cross-border digital payment\nconnectivity.<\/p>\n
\u201cCross-border QRIS demonstrates that interoperability does not\nrequire every country to have the same system. What is needed is shared\ngoals, trust, agreed standards, and a commitment to connecting the\nsystems already owned by each country,\u201d said Filianingsih in an official\nBI release on Tuesday (22\/9\/2026).<\/p>\n
This award comes as the use of cross-border QRIS continues to rise.\nFrom its initial implementation in 2022 until July 2026, transactions by\nusers from partner countries in Indonesia reached 21 million\ntransactions with a value of Rp5.90 trillion.<\/p>\n
Meanwhile, transactions by Indonesian users while in partner\ncountries were recorded at 4.67 million transactions with a value of\nRp1.73 trillion.<\/p>\n
This means that the value of cross-border QRIS transactions entering\nIndonesia reached Rp5.90 trillion, which is Rp4.17 trillion higher than\nthe transactions made by Indonesians in partner countries.<\/p>\n
The high volume of incoming transactions indicates that the use of\nQRIS by foreign tourists in Indonesia is expanding. Digital payment\nconnectivity is also considered capable of supporting tourism and trade\nactivities while boosting foreign exchange earnings from international\nvisitors.<\/p>\n
Currently, cross-border QRIS connectivity has been developed with\nseveral partner countries, namely Thailand, Malaysia, Singapore, Japan,\nSouth Korea, and China.<\/p>\n
Through this connectivity, Indonesians can use their everyday payment\napplications when transacting in partner countries. Conversely, foreign\ntourists can use payment applications from their home countries to\ntransact with QRIS merchants in Indonesia.<\/p>\n
MSMEs Benefit as Well<\/strong><\/p>\n The benefits of cross-border QRIS are increasing alongside the\nexpansion of the domestic QRIS ecosystem. As of July 2026, QRIS has\nreached 45.46 million merchants in Indonesia, 96.69% of which are micro,\nsmall, and medium enterprises (MSMEs).<\/p>\n Bank Indonesia believes that cross-border payment connectivity\nprovides greater opportunities for Indonesian MSMEs to serve\ninternational tourists without having to build or provide new payment\nsystems.<\/p>\n With cross-border QRIS, foreign tourists can use payment applications\nfrom their own countries to transact directly with QRIS merchants in\nIndonesia.<\/p>\n The Indonesian Model Recognised Globally<\/strong><\/p>\n The 50-in-5 award was given as part of a global campaign aimed at\nhelping 50 countries design, launch, and expand safe, inclusive, and\ninteroperable digital public infrastructure before 2028.<\/p>\n In the Collaboration category, the award was presented to\ncross-border partnerships judged to have successfully implemented or\nexpanded technology-based digital public infrastructure.<\/p>\n Bank Indonesia explained that the development of cross-border QRIS\nwas not achieved by standardising the payment systems of every country.\nInstead, each country continues to use its domestic payment\ninfrastructure and connects them through agreed standards and\ngovernance.<\/p>\n The development involves Bank Indonesia, the government, the\nIndonesian Payment System Association (ASPI), the national payment\nsystem industry, as well as the authorities and payment industries of\npartner countries.<\/p>\n \u201cBy connecting systems, we connect people and open opportunities\nbeyond national borders,\u201d said Filianingsih.<\/p>\n Moving forward, Bank Indonesia stated it will continue to expand\ncross-border QRIS connectivity with potential partner countries,\nparticularly those with strong economic, trade, tourism, and human\nmobility links with Indonesia.<\/p>\n This step is part of Bank Indonesia\u2019s efforts to strengthen a payment\nsystem that is fast, easy, inexpensive, secure, and reliable, while\nsimultaneously expanding Indonesia\u2019s economic and financial inclusion at\nregional and global levels.<\/p>",
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