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View all search resultsQRIS
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.
Companies 2 years ago
PREMIUM
QRIS as the future of financial transactions
Data from the Indonesian Payment System Association (ASPI) note that throughout 2022, the accumulated volume of QRIS transactions nationally reached 1 billion transactions with a transaction value of Rp 99.98 trillion ($6.4 billion).
Regulations 2 years ago
PREMIUM
QRIS transaction fee faces pushback from small businesses
Small businesses expressed objections to the Quick Response Code Indonesian Standard (QRIS) transaction fee of 0.3 percent, saying that it was a burden on the back of all other administrative costs they have to pay.
Regulations 2 years ago
PREMIUM
Defying the dollar: ASEAN pushes for greater local currency use
ASEAN leaders declared at this week’s summit in Labuan Bajo, East Nusa Tenggara, that member countries should use their own currencies more often in intraregional trade, as the bloc aims to insulate the region from external volatility.
