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View all search resultsQRIS to pilot in China next month as expansion continues
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A customer scans a code of Japan's Unified QR Code (JPQR) to make a payment using the Quick Response Indonesia Standard (QRIS) at the World Expo 2025 on Aug. 25 in Osaka, Japan. (JP/ Ni Made Tasyarani)
B
ank Indonesia is set to pilot its Quick Response Indonesia Standard (QRIS) system in China next month, following its recent Japan launch that marked the payment system’s first expansion beyond ASEAN.
“The cross-border QR payment arrangement is on a government-to-government (G2G) basis. So, we will await further directives from Bank Indonesia [BI] regarding the next target. The nearest [target] is that, next month, we will [continue cooperation] with China,” Indonesian Payment System Association (ASPI) head Cosmas Setiawan Suwono told reporters on the sidelines of the QRIS launch on Monday at the World Expo 2025 in Osaka, Japan.
BI previously announced its collaboration with the People’s Bank of China (PBoC) to begin an “interconnection trial” between the two countries ahead of its planned expansion to China. The initiative is set to facilitate bilateral trade, particularly for micro, small and medium enterprises (MSMEs), while also supporting growth in tourism.
The trial involves the ASPI, China’s UnionPay International (UPI) and representatives of payment system providers.
“We expect [the trial] to be completed within this month, so that, next month, we can begin piloting,” he added.
The central bank said in April that four local payment service providers, PT Rintis Sejahtera, PT Alto Network, PT Artajasa Pembayaran Elektronis and PT Jalin Pembayaran Nusantara, had an agreement with UnionPay International to create a secure testing environment, or sandbox.
QRIS began its debut in Japan on Indonesia's 80th independence anniversary, with the service already available in Thailand, Malaysia and Singapore so far and with plans for further expansion.
