Business · Economy · 2 hrs ago
Indonesia launches domestically processed credit card for QRIS payments
Bank Indonesia and the Indonesian Payment System Association have launched the Indonesia Credit Card, known as KKI.
It is designed for people in Indonesia who want to pay later, often until the end of the month.
Users can make payments through QRIS Scan or QRIS Tap.
Unlike conventional credit cards, KKI transactions are processed entirely through domestic infrastructure.
Bank Indonesia says this could lower transaction costs and keep payment data in Indonesia.
Eight payment providers have issued the card in its initial stage, including banks offering a sharia financing option.
Bank Indonesia says it will continue developing the card’s features and services so it can reach more users.
Bank Indonesia and the Indonesian Payment System Association have launched the Indonesia Credit Card, known as KKI.
The card is designed for short-term deferred payments and can be used through QRIS Scan or QRIS Tap.
Transactions are processed entirely through domestic infrastructure, unlike conventional credit cards that partly use international networks.
Bank Indonesia says domestic processing can lower transaction costs and keep financial data in Indonesia.
Eight payment service providers issued the card in its initial phase.
- Who
- Bank Indonesia and the Indonesian Payment System Association launched the card.
- What
- The Indonesia Credit Card is a deferred-payment instrument for QRIS transactions.
- When
- Reported on October 12, 2026. The exact launch date is not stated.
- Where
- Indonesia; transactions are processed through domestic infrastructure.
- Why
- To strengthen the independence of Indonesia’s payment system and support the digital economy.
This story does not have two clearly opposing sides.
at least the data stays here too
there is a sense of national pride
A Bank Indonesia governor regulation set rules for the payment system industry, including the KKI as part of payment instruments.
CNBC Indonesia reported that Bank Indonesia and the Indonesian Payment System Association had officially launched the KKI.
- Initial issuers
- Eight payment service providers
- Payment methods
- QRIS Scan and QRIS Tap
- Minimum monthly income
- Rp3 million after obligations are deducted
- Main cardholder minimum age
- 21 years, or married
- Additional cardholder minimum age
- 17 years, or married
Sources
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