The increase in the utilization (of QRIS) and the support from all parties, including the community, will help accelerate national economic recovery
Jakarta (ANTARA) - The number of merchants utilizing the Quick Response Code Indonesian Standard (QRIS) has reached 12 million as of early November 2021, Bank Indonesia has informed.



QRIS is the national standard for facilitating payment using QR codes in Indonesia.



In a statement released here on Tuesday, Bank Indonesia (BI) Governor Perry Warjiyo said that the utilization of QRIS for transactions in various sectors has given many benefits.



The benefits include encouraging economic efficiency, accelerating financial inclusion, reducing the risk of COVID-19 transmission, and even promoting MSMEs (micro, small, and medium enterprises), he noted.


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"The increase in the utilization (of QRIS) and the support from all parties, including the community, will help accelerate national economic recovery," Warjiyo said.



The achievement cannot be separated from the support and synergy of many parties, especially the central and regional governments, the Indonesian Payment System Association (ASPI), Payment Service Providers (PJP), and all elements of society, he added.



"The triangle collaboration between BI, governments, and industries, both in the central and regional levels, will be strengthened," he added.


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Meanwhile, ASPI chairman Santoso Liem lauded the achievement and described the payment system as an effort made by the payment system industry to contribute to assisting community activities amid the pandemic.



"The industry is committed to continuing to expand the recognition of QRIS in various sectors, as well as educating and inviting the public to use it, to encourage financial inclusion in Indonesia," he said.


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He assured that industry players are ready to help the community migrate to the digital economy and financial era by utilizing the extensive network in various regions, including through online registrations.



As of now, QRIS has been used by micro, small, medium, and large traders in various business sectors and is also being used for socio-religious donations in all provinces, districts, and cities, he noted.



Ever since QRIS was implemented on January 1, 2021, BI has continued to strengthen the system to push the acceleration of inclusive and efficient financial and digitization of the economy, as well as support the government's programs through the Proud of Indonesia-made Products (BBI) and Proud to Travel in Indonesia (GBWI) movements, he added.


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Translator: Satyagraha, Raka Adji
Editor: Fardah Assegaf
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