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digital-payment

BI to link QRIS with Alipay, WeChat standards in China push
Tech 5 months ago

PREMIUM
BI to link QRIS with Alipay, WeChat standards in China push

BI noted that harmonizing policies remained the main challenge in implementing cross-border QR payment initiatives abroad, noting that many countries, including China, had no unified standards. 
Digital payments in Indonesia: A Cultural shift
Tech 6 months ago

Digital payments in Indonesia: A Cultural shift

QRIS transaction volume had risen by 163 percent year-on-year (yoy) in July, while BI-FAST handled 414.6 million transactions, up 38 percent yoy, with a total value of Rp 1 quadrillion.
QRIS launches in Japan as trial begins for expansion to China
Tech 6 months ago

PREMIUM
QRIS launches in Japan as trial begins for expansion to China

Bank Indonesia (BI) is preparing to roll out the Quick Response Indonesia Standard (QRIS) in China, following the recent launch in Japan, as it seeks to expand the national digital payment system beyond ASEAN. 
US labels QRIS a trade barrier, what’s next for Indonesia’s digital payment system?
Academia 9 months ago

US labels QRIS a trade barrier, what’s next for Indonesia’s digital payment system?

QRIS has become the king of digital payment channels for local transactions. Visa–Mastercard’s position remains dominant for cross-border payments.
The Age of ASEAN: Building trust in Southeast Asia’s digital future
Academia 9 months ago

PREMIUM
The Age of ASEAN: Building trust in Southeast Asia’s digital future

As ASEAN is positioning to be the heart of digital economy, fostering trust is key in reaping the benefits of growing digitalization and further empowering the vulnerable segments of the population.
Optimizing your digital payment collection with HSBC Omni Collect
Economy 1 year ago

Optimizing your digital payment collection with HSBC Omni Collect

As an international bank with highly extensive experience in facilitating commerce, HSBC is offering Omni Collect to help streamline domestic payment and collections amid the flourishing digital economy in Southeast Asia.
Protecting your mobile wallet: Defending against payment fraud
Academia 1 year ago

Protecting your mobile wallet: Defending against payment fraud

As consumers continue to embrace this modern form of payment, it is essential to understand the potential risks and take necessary precautions to safeguard our financial transactions.
Taking the leap in a new era of payments
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.
Understanding the challenges and solutions of the digital payment boom
Academia 1 year ago

PREMIUM
Understanding the challenges and solutions of the digital payment boom

It is likely that the so-called network effect since the pandemic-era surge in digital transactions has highlighted the challenges that still remain in closing the gap in digital payment adoption between Java and regions outside the major island.
Digital financial literacy needed for new payment methods
Academia 1 year ago

PREMIUM
Digital financial literacy needed for new payment methods

Gen-Z, born between 1997 and 2012, is characterized by a love of shopping, even though they do not yet have an income.
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