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Companies 3 months ago

UnionPay’s New Four-Party Model Makes Cross-Border QR Payments Seamless in Indonesia

Cross-border QR payments between China and Indonesia are entering a new phase, as UnionPay International and Indonesia’s national payment institutions have launched a pilot to build an interoperable framework for seamless transactions between the two markets.

Companies 1 year ago

Taking the leap in a new era of payments

QRIS, the QR-based payment standard, now offers domestic and international interoperability, and has accumulated over 50 million users and 33 million merchants to date.

Tech 2 years ago

Singapore and Indonesia launch cross-border QR-code payments

Customers of a dozen banks in Singapore and Indonesia will now be able to make payments to merchants in both countries by scanning QR codes, Bank Indonesia and the Monetary Authority of Singapore (MAS) said in a joint statement.

Academia 3 years ago

PREMIUM
Navigating the waves of Indonesia’s financial trends

The future of finance in Indonesia is looking bright as the government and financial authorities continue to innovate in the name of sustainable finance.

Editorial 3 years ago

QRIS: The end for e-wallets?

It is safe to assume that the QRIS system, having grown over the years both in usage and features, will assume an increasingly dominant role in digital payments.

Regulations 3 years ago

PREMIUM
ASEAN-5 expand QR-code payments to benefit MSMEs, migrant workers

Central banks from five ASEAN member states have inked a memorandum of understanding (MoU) on regional cross-border payments between countries, in a move that will bring multiplier effects to people and businesses within the region.

Academia 3 years ago

PREMIUM
Efficient cross-border payment system can be boon to migrant workers, recovery

An efficient cross-border payment system will spur an increased movement of migrant workers, who can then contribute to economic recovery through the money they send home.