Indonesians Can Now Shop Using QRIS in South Korea Next Month

Jakarta – In the coming weeks, Indonesians travelling to South Korea will no longer need cash to conduct transactions. They can simply scan using QRIS (Quick Response Code Indonesian Standard).

This was announced by Bank Indonesia Governor Perry Warjiyo during a press conference following the Monetary Policy Committee meeting on Tuesday, 17 March 2026.

“We are launching the Indonesia-South Korea cross-border QRIS in April 2026 as part of efforts to expand digital payment connectivity across borders and accelerate digital acceptance,” he explained.

Previously, Bank Indonesia (BI) and the Bank of Korea (BoK) had agreed to establish a cashless transaction service using the Quick Response Code Indonesian Standard (QRIS) system.

The agreement was reached during a High-Level Meeting attended by Bank Indonesia Governor Perry Warjiyo and Bank of Korea Governor Rhee Chang Yong in February 2026.

This cross-border QR payment agreement is a follow-up to the Memorandum of Understanding (MoU) signed in July 2024.

Both central banks expect this service to improve payment efficiency for citizens visiting either country, in line with the implementation of the Local Currency Transaction (LCT) framework between Indonesia and South Korea, which has been in effect since September 2024.

Through this system interconnection, foreign currency conversion costs and transaction fees are expected to decrease, thereby supporting real sector economic activity such as trade, tourism, and consumption in both countries.