The Jakarta Post
State-owned lender PT Bank Rakyat Indonesia (BRI) has launched a quick response (QR) code payment service called My QR.
The service can be used by BRI customers and non-costumers, BRI customer director Handayani said over the weekend.
Non-BRI customers can download the BRI mobile app and make a maximum deposit of Rp 2 million (US$138.5), while the deposit for BRI customers will be integrated with their bank account.
The service will be available at around 200,000 merchants across the country and the figure is expected to rise, Handayani added.
My QR has been integrated with the National Payment Gate (GPN) network, according to BRI president director Suprajarto.
“We support payment providers under the management of Bank Indonesia [BI],” he said, as quoted by tempo.co.
He added that BRI had not set a target with regards to transaction value, but the lender expected it to be in the trillions of rupiah this year alone.
My QR was officially launched during a music event at Harmoni Pasar Klewer in Surakarta, Central Java.
The central bank has issued QR code permits for several banks and companies despite having yet to finalize a QR code payment standardization, which is expected to be complete this year.
Bank Indonesia and other industry players are currently conducting a production trial run, according to BI electrification and GPN deputy director Aloysius Donanto. (sau)