{
    "success": true,
    "data": {
        "id": 1924180,
        "msgid": "qris-goes-global-bringing-greater-convenience-for-merchants-1786953164",
        "date": "2026-08-17 14:30:00",
        "title": "QRIS Goes Global, Bringing Greater Convenience for Merchants",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Finance",
        "summary": "Indonesia's Quick Response Code Indonesian Standard (QRIS) payment system has expanded beyond domestic use to multiple countries, becoming a cornerstone of the nation's digital payment transformation. Bank Indonesia has reaffirmed its commitment to expanding cross-border QRIS cooperation, targeting 47 million merchants by 2026. The system now connects with Japan and South Korea, adding to existing partnerships with Thailand, Malaysia, Singapore, and China.",
        "content": "<p>Seven years ago, the Quick Response Code Indonesian Standard (QRIS)\nwas created to unify the various QR payment codes in Indonesia. Today,\nQRIS is no longer merely a domestic transaction tool. The payment system\ndeveloped by Bank Indonesia (BI) has expanded to a number of countries\nand has become one of the backbones of the nation\u2019s digital payment\ntransformation.<\/p>\n<p>QRIS\u2019s journey has continued despite a change in leadership at the\ncentral bank. Previous BI Governor Perry Warjiyo made strengthening the\ndigital payment system one of the main agendas during his tenure. Under\nthat policy direction, QRIS evolved from a national payment standard\ninto a cross-border payment system.<\/p>\n<p>Acting BI Governor Destry Damayanti affirmed that QRIS development\nwill continue. According to her, payment system policy remains directed\nat strengthening economic activity through the expansion of digital\npayment acceptance, including cross-border QRIS cooperation.<\/p>\n<p>\u201cPayment system policy remains directed at supporting and\nstrengthening people\u2019s purchasing power through the expansion of\ncross-border QRIS cooperation with priority partner countries and the\nQRIS Jelajah Kuliner Indonesia 2026 programme, with a target of 47\nmillion QRIS merchants by 2026 to promote an inclusive digital financial\neconomy, including for MSMEs,\u201d Destry said during a press briefing on\nthe results of the Financial System Stability Committee (KSSK) periodic\nmeeting in Jakarta on Monday (3\/8\/2026).<\/p>\n<p>QRIS was launched by BI on 17 August 2019 as the national standard\nfor QR code-based payments. Before that, each bank and payment service\nprovider had its own QR standard, so merchants had to provide several QR\ncodes to accept payments. Through QRIS, all payment applications can use\na single standard. BI developed QRIS with the CEMUMUAH principles (fast,\neasy, cheap, safe, and reliable), while building an interconnected and\ninteroperable payment system.<\/p>\n<p>Before ending his term, Perry affirmed that cross-border QRIS\ndevelopment will continue. According to him, QRIS is now connected with\nJapan and South Korea, complementing the cooperation previously\nestablished with Thailand, Malaysia, Singapore, and China.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/qris-goes-global-bringing-greater-convenience-for-merchants-1786953164",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}