VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

To commemorate the 74^th Anniversary of Indonesian Independence Day, Bank Indonesia launched QRIS or Indonesian Standard QR Code in Jakarta on Saturday (17/8). QRIS is a Quick Response (QR) Code system for payment through server-based e-money app, e-wallet, or mobile banking that can be used in all smartphone app. In the launching, Bank Indonesia Governor Perry Warjiyo said, the use of QRIS will provide many benefits and easiness for the consumer. Among many were low and uniform costs among Payment System Service Provider (PJSP). This was seen from merchant discount rate for regular merchant. QRIS also aims to boost transaction efficiency, financial inclusion acceleration, and small-medium enterprises growth, which in the end can push economic growth. It is because QRIS is the only original QR from Indonesia, which hints that Indonesia will be a modern advanced country and has more revenue. The system launched was named “QRIS Unggul” which stands for Universal, easy, beneficial, and direct. QRIS itself was made by Bank Indonesia and Indonesian Payment System Association (ASPI) by using EMV Co.1 international standard. For early step, QRIS focuses on the implementation of QR Code Payment model Merchant Presented Mode (MPM) where merchant will display QR Code payment for the customer to scan during payment. Before the launching, standard technical specification of the QR Code and interconnection had passed the first stage test in September until November 2018, as well as the second stage test in April until May 2019. Later, the national QRIS will be effective on January 1 2020. It aims to provide preparatory transition period for Payment System Service Provider (PJSP).