Strengthening the Global Payment Ecosystem, Livin’ by Mandiri Introduces Cross-Border QR Feature in South Korea
Bank Mandiri continues to drive digital transformation through strengthening cross-border payment system connectivity. In line with Bank Indonesia’s initiative to expand cross-border digital payment interconnections, this bank with the stock code BMRI has introduced the Cross-Border QR feature on the Livin’ by Mandiri app, which can now be used in South Korea.
SVP Digital Retail Banking Group Bank Mandiri Yanto Masyap stated that this step represents an integrated synergy between the financial industry and regulators in building a globally connected payment system.
Through this feature, customers can make transactions at various merchants in South Korea simply by scanning QR codes that meet the QRIS standard without needing to exchange cash. By simply scanning the merchant’s QR code with the SeoulPay logo, transactions can be completed in real-time.
The presence of this service strengthens the synergy of the cross-border service ecosystem, making it increasingly seamless, while providing a practical, secure, and efficient transaction experience for customers abroad.
Yanto said this development also represents a sustainable advantage for Livin’ by Mandiri as a digital platform that continuously adapts to customer needs. Previously, the Cross-Border QR service has been available in Malaysia, Singapore, Thailand, and Japan.
“This innovation aims to provide convenience for customers in transacting abroad. Through the development of this feature, we want to ensure that customers can transact more easily and comfortably in various international destinations. The presence of Cross-Border QR in South Korea also expands access to QRIS usage, so that daily transaction needs such as dining and shopping can be done practically,” Yanto said in his official statement on Saturday (11/4/2026).
In addition to payment convenience, Livin’ by Mandiri also offers funding source flexibility, from savings accounts to Mandiri credit cards. This provides greater control for customers in managing finances while abroad, while creating growing value for society through increased inclusion and digital financial literacy.
To complement financial needs, this bank with the golden ribbon logo also provides multicurrency account opening services in Korean won (KRW) that can be linked to Mandiri Debit. Customers can withdraw cash at Visa-logo ATMs throughout South Korea without currency conversion, making this solution even more comprehensive.
As of February 2026, Livin’ by Mandiri has recorded solid performance with more than 38.5 million users and total transaction value reaching Rp802 trillion. QRIS adoption continues to increase, reflected in the 9.2 million users of the QR Pay feature, up 23 percent year-on-year, with transaction value rising 43 percent to Rp38.9 trillion.
Meanwhile, the Cross-Border QR service shows more aggressive growth, with the number of users increasing 23 percent year-on-year to 13,000 and transaction value surging 52 percent year-on-year to Rp37.4 billion. This reflects the high demand for practical and integrated cross-border payment solutions.
In the future, Bank Mandiri will continue to expand the reach of Cross-Border QR to other international destinations as part of its commitment to delivering adaptive and relevant digital innovations. This step also strengthens the company’s contribution to accelerating an inclusive and sustainable national digital economy.