Vietnamese crab exporterdouble-skinned crabsexellent crabgood crab

Indonesia Expands QRIS Reach Despite US Trade Pressure

Arnoldus Kristianus
April 25, 2025 | 9:41 pm
SHARE
A customer pays using the QRIS barcode in Cimahi, West Java, on Sep. 20, 2024. (Antara Photo/Abdan Syakura)
A customer pays using the QRIS barcode in Cimahi, West Java, on Sep. 20, 2024. (Antara Photo/Abdan Syakura)

Jakarta. Indonesia is pushing ahead with the international expansion of its national QR code payment system despite mounting scrutiny from Washington, which has accused the country of erecting trade barriers through its digital payment policies.

Bank Indonesia (BI) Deputy Governor Filianingsih Hendarta said the Quick Response Code Indonesian Standard (QRIS) is now interoperable with payment systems in Singapore, Malaysia, and Thailand, with upcoming partnerships planned with Japan, India, South Korea, China, and Saudi Arabia.

“The cross-border use of QRIS continues to grow,” Filianingsih said recently. “This is part of our commitment to building a more inclusive and efficient digital payment ecosystem.”

Launched in 2019, QRIS has emerged as a cornerstone of Indonesia’s digital finance strategy. By the first quarter of 2025, the platform had reached 56.3 million users and facilitated 2.6 billion transactions worth Rp 262.1 trillion ($16.4 billion). QRIS is currently used by 38.1 million merchants, mostly small businesses, with no minimum transaction requirement and low or no fees for micro merchants.

ADVERTISEMENT

QRIS Tap, a newer feature using near-field communication (NFC) technology, has also gained traction since its March debut, recording 42.9 million transactions from 20.8 million users. More than 1.4 million merchants are now equipped to accept QRIS Tap.

However, the system has drawn criticism from the US government, which argues that Indonesia’s QRIS and National Payment Gateway (NPG) policies disadvantage foreign firms like Visa and Mastercard. The complaint is part of broader US trade concerns that have led President Donald Trump to impose tariffs of up to 32 percent on Indonesian goods, starting this July.

Chief Economic Affairs Minister Airlangga Hartarto said Indonesia remains open to international players. “QRIS and NPG are not meant to exclude foreign operators,” Airlangga said. “Visa and Mastercard continue to operate freely here. We offer a level playing field.”

Retail association chairman Budihardjo Iduansjah also dismissed accusations of protectionism, saying QRIS merely offers consumers another option. “Credit cards and international systems are still in use across Indonesia. QRIS is just an additional tool for convenience and security,” he said.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Aug 20, 2026 | 12:28 pm

Indonesia Denies US Accusation of Chinese Transshipment Scam

Senior minister Airlangga Hartarto says "Indonesia has never done transshipment", when asked about the US report.
Business Aug 19, 2026 | 10:55 pm

Bank Indonesia Says Digital Money Won’t Replace Cash

Bank Indonesia says digital payments will complement rather than replace cash as Indonesia accelerates its shift to digital transactions.
Business Aug 19, 2026 | 8:06 pm

US Accuses Indonesia of Helping China Dodge Trump Tariffs

The US accuses Indonesia and dozens of other countries of being part of "China's shadow transshipment network".
Business Aug 6, 2026 | 2:28 pm

Indonesia's QRIS Digital Payments Surge 100% in H1 2026

Indonesia's QRIS payment transactions doubled to 12.55 billion in H1 2026, with transaction value reaching Rp600.69 trillion.
Business Jul 29, 2026 | 3:44 pm

ASEAN Hopes for Predictability on Trump’s Tariffs

ASEAN says the region's businesspeople wish for a predictability and certainty as Trump launches a fresh round of tariff hikes.
Business Jul 27, 2026 | 1:15 pm

Indonesia Banks On EU as Trump's 10% Tariff Kicks In

Indonesia wants to fast-track its European Union (EU) trade deal as Jakarta tries to find alternatives to the tariff-agressive US.
Business Jul 24, 2026 | 10:14 am

US Slaps 10% Tariff on Indonesia over Forced Labor

A new 10% tariff on Indonesia following a forced labor probe will take effect on Friday before noon.
Business Jul 22, 2026 | 8:12 pm

Indonesia Targets India, Saudi Arabia and Hong Kong for Cross-Border QRIS Expansion

Bank Indonesia plans to expand cross-border QRIS to India, Saudi Arabia and Hong Kong as digital payments surge.
Business Jul 7, 2026 | 11:20 pm

Indonesia, India to Connect QR Payment Systems by End-2026

Indian Prime Minister Narendra Modi says that a cross-border QR payment linkage with Indonesia will improve ease of doing business.
Business Jun 12, 2026 | 8:05 am

From 32% to 10% to 18%: Indonesia Lives Under Trump's Tariff Uncertainties

Indonesia has been trying to navigate US trade uncertainties, but officials are confident that the tariffs won't derail exports.

The Latest


News 5 hours ago

Japan to Deploy 600 Troops, Three Helicopters to Help Indonesia Fight Kalimantan Fires

Japan will deploy 600 Self-Defense Forces personnel and three CH-47 helicopters to help Indonesia fight forest and land fires in Kalimantan.
Business 7 hours ago

Indonesia Targets 500,000 New Textile Jobs by 2030

Indonesia is preparing a textile industry revival strategy aimed at creating up to 500,000 new jobs by 2030.
News 8 hours ago

Police Identify Dubai, Hong Kong Links in Suspected Illegal Gold Network

Police have identified two groups suspected of illegally exporting gold to Dubai and Hong Kong.
Special Updates 9 hours ago

bank bjb Offers SR025 Starting from Rp 1 Million

The offering period for SR025 runs from Aug. 21 to Sep. 16.
Business 9 hours ago

US Eyes Indonesian Minerals as It Loosens China's Grip

US says that it is important to develop critical mineral supply chains that aren’t dependent on one country in an indirect jab at China.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED