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View all search resultsBI Governor Perry Warjiyo said on Monday that the central bank aimed to expand the use of QRIS to around 12 million micro, small and medium enterprises (MSMEs) this year from 5.8 million last year. The move is expected to support the recovery of the coronavirus-battered economy.
“In helping SMEs to digitalize, payment services can offer value-added services such as loyalty programs, digital marketing and payroll processing,” Reet Chaudhuri, a senior expert at McKinsey said during a press briefing on Oct. 2.
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.
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