Business · Economy · 9 hrs ago
Indonesia’s QRIS payment system grows to 67 million users
Indonesia’s central bank introduced QRIS in 2019 as a common QR code payment standard.
Some banks initially resisted because they already had their own QR payment systems.
Bank Indonesia kept promoting the shared standard, which it said could make payments more integrated and accessible.
The system now has 67 million users and 46.7 million merchants, 96% of them small and medium-sized businesses.
QRIS is also being used in traditional markets, where shoppers and vendors have adopted it as a convenient way to pay.
For cross-border payments, it is connected with China, South Korea, Thailand, Malaysia, Singapore, Japan and Timor-Leste.
Bank Indonesia says it is exploring partnerships with more central banks to extend this service for Indonesian and foreign visitors.
Indonesia’s QRIS payment system has reached 67 million users, Bank Indonesia Governor Destry Damayanti said.
It has 46.7 million merchants, 96% of them micro, small and medium enterprises, she said.
Bank Indonesia introduced QRIS in 2019, but some banks initially preferred their own QR payment codes.
Destry said the shared standard has made payments easier and supported financial inclusion.
QRIS cross-border payments are now connected to seven countries.
- Who
- Bank Indonesia and users and merchants of QRIS. Governor Destry Damayanti discussed the system’s growth.
- What
- QRIS has reached 67 million users and 46.7 million merchants.
- When
- The system was launched in 2019. The article was published on 12 October 2026.
- Where
- Indonesia; QRIS cross-border payments are also connected to seven countries.
- Why
- Bank Indonesia sought a shared payment standard to integrate payments and make transactions easier and more inclusive.
Bank Indonesia
Banks with their own QR payment systems
Shared payment standard
Bank Indonesia
Bank Indonesia argued that a common standard would integrate payments.
Banks with their own QR payment systems
Some banks already had their own QR codes and did not initially see a need to switch.
QRIS has 67 million users, and it also has 46.7 million merchants, 96% of which are MSMEs.
At first it was very difficult, because some banks still had their own QR codes.
With QRIS, even now when we shop in traditional markets, they like using QRIS.
Bank Indonesia launched QRIS, and some banks initially had their own QR payment codes.
QRIS began to grow gradually as Bank Indonesia continued to encourage its use.
Destry Damayanti said QRIS had reached 67 million users and 46.7 million merchants.
- Users
- 67 million
- Merchants
- 46.7 million
- Merchants that are MSMEs
- 96%
- Launch
- 2019
- Cross-border connections
- 7 countries
- Countries connected
- China, South Korea, Thailand, Malaysia, Singapore, Japan and Timor-Leste
Sources
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