The Governor of Bank Indonesia, Perry Warjiyo said that the implementation of the inter-country payment system through the Quick Response Indonesia Standard or QRIS can be fully implemented in Thailand today, August 29, 2022. As for the implementation, Indonesian tourists who travel to the country can already make payment transactions via a QR code. It is known, this application is slightly backwards from the plan.
"We have tested QR Indonesia and QR Thailand, and starting today, full implementation. So that MSME trade tourism transactions can connect QR," Perry Warjiyo said in the Launching of Domestic Government Credit Cards & International QRIS on Monday, August 29, 2022.
Perry Warjiyo conveys this was part of a follow-up to President Joko Widodo's direction to connect Indonesia's payment system to the world. Where it starts from ASEAN.
Bank Indonesia itself is targeting ASEAN countries for the implementation of Interstate QRIS, fast payment, a.l. Malaysia, Singapore, Philippines and Thailand. "In May 2022, we have gathered five Central Bank Governors, namely Indonesia, Thailand, Malaysia, Singapore and the Philippines. We have committed to connecting the payment system," Perry remarked.
Meanwhile, for Malaysia, the payment system is still in the trial phase starting in January 2022. The trial with Singapore is currently at the stage of finalizing the agreement. "In the near future, our five countries will be able to digitize cross-border payment systems, QR, fast payments with local currency payments. At the same time support tourism, support MSMEs, and also support the digital financial economy nationally," Perry Warjiyo remarked.
August 30, 2022
