One QR Code for all Payments
QRIS is Quick Response Code Indonesian Standard is a National QR code standard to facilitate QR code payments in Indonesia which was launched by Bank Indonesia and the Indonesian Payment System Association (ASPI) on August 17, 2019.
QRIS can later be used by foreign tourists using the QR Code application that uses the EMV Co standard. to transact in Indonesia.
So, foreign tourists who are on vacation in Indonesia can easily transact here because QRIS.id is prepared with international standards. It is hoped that QRIS.id can also support the tourism sector in the country.
Articles of Law Requirements to use QR Code based on National standard QRIS as of January 1, 2020
Following the trend of digital non-cash payments Potential for sales expansion due to alternative payments other than cash.
Increased sales traffic.
Reduction in cash/small cash management costs:
Reduced risk of loss due to receiving payments with counterfeit money.
Transactions are recorded automatically and transaction history can be seen.
Building a credit profile for banks, the opportunity to get working capital becomes bigger.
Ease of paying bills, levies, purchasing goods non-cash without leaving the store.
Participate in government programs (BI, Ministries and Local Government).
QR Code standardization with QRIS provides many benefits, including:
Utilizing the Latest QR Code Technology
Easy download, registration and transaction
Use on All Kinds of Merchants
Transactions Without Using Cash