Indonesia seeks to extend QRIS payments to Australia, Saudi Arabia and other markets

Bank Indonesia announced plans to explore cross-border applications of its QRIS (Quick Response Code Indonesian Standard) with Australia, Saudi Arabia, India and Vietnam, according to Fitria Irmi Triswati. The central bank intends to combine QRIS with its BI Fast real-time payment system to deepen regional connectivity. Since its 2019 launch, QRIS has exceeded goals, recording 15 billion transactions, 78 million users and 45 million merchants, and is already linked to Thailand, Malaysia, Singapore, Japan, South Korea and China.

The upcoming expansion will be customized to local preferences, offering not only scan-based payments but also Customer Presented Mode and QRIS-Tap solutions. Officials highlighted that adapting to cultural payment habits—such as merchant-scanned codes in Japan and South Korea or tap-based payments in Europe—will drive broader adoption.