Quick Response Code Indonesian Standard Antarnegara (QRIS Cross-Border)

Cross-border QR Payments Linkage (“Cross-border Quick Response Code Indonesian Standard”) is a game changer in digital payments that revolutionizes cross-border payment connectivity. The initiative is a part of continued innovation of Quick Response Code Indonesian Standard (QRIS), the national standard of QR Code for payments. It provides faster, more efficient, safer cross-border payments using QR Code between Indonesia and counterpart countries to support cross-border trade, including the expansion of market access particularly for MSME, and tourism sector to bolster economic growth. Cross-border QRIS also promotes macroeconomic stability by emphasizing the use of local currencies in bilateral settlements of payment transactions.