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QRIS

Bank Indonesia makes push to bring street vendors to world of cashless payments
Business 6 years ago

Bank Indonesia makes push to bring street vendors to world of cashless payments

Bank Indonesia launched the QRIS system in August last year and officially implemented the system in January, allowing users from single-payment service providers to transact with others who operate within the BI ecosystem.
Questioning rate of noncash payments
Opinion 6 years ago

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Questioning rate of noncash payments

 A rate of 0.7 percent merchant discount rate (MDR) is charged in QR code-based transactions to sellers or merchants for regular payments, both On-Us and Off-Us transactions.
WeChat Pay now legal in Indonesia, says BI
Business 6 years ago

WeChat Pay now legal in Indonesia, says BI

Bank Indonesia (BI) has officially granted China-based e-wallet heavyweight WeChat Pay a permit to operate in the country.
BI imposes fixed fees on QRIS transactions, targets 15 million merchants in 2020
Business 6 years ago

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BI imposes fixed fees on QRIS transactions, targets 15 million merchants in 2020

The central bank has set a merchant discount rate of 0.7 percent for almost every transaction using the Quick Response Indonesia Standard (QRIS).
Indonesia plans fixed fees for e-wallet transactions: Sources
Business 6 years ago

Indonesia plans fixed fees for e-wallet transactions: Sources

The central bank wants to fix some e-wallet transaction fees at 0.7 percent, sources said.
Tarumanagara University joins hands with GoPay to introduce QRIS payment on campus
Business 6 years ago

Tarumanagara University joins hands with GoPay to introduce QRIS payment on campus

Untar claims itself to be the first university in Indonesia to apply such a system.
As payments become more digitalized, cyber security is paramount: BI
Business 6 years ago

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As payments become more digitalized, cyber security is paramount: BI

Cashless payments have become a lifestyle choice in Indonesia as shown in the widespread use of credit and debit cards. A 2017 Visa Consumer Paying Attitudes survey found that 76 percent of Indonesians said they could go without cash for a day
Bukalapak provides MSMEs with integrated e-payment service
Business 6 years ago

Bukalapak provides MSMEs with integrated e-payment service

Bukalapak is the first online market place in the country to adopt a QRIS-based integrated payment system
LinkAja sinks teeth into QR code commuting
Business 6 years ago

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LinkAja sinks teeth into QR code commuting

LinkAja has already installed the system on 20 toll roads across Indonesia, including the Bali Mandara toll road in Bali
Bank Indonesia launches national standard QR code
Business 6 years ago

Bank Indonesia launches national standard QR code

Quick Response Indonesia Standard (QRIS) allows QR-code-facilitated payments [in Indonesia] to be interconnected and interoperable through a single standardized code.
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