Jakarta, INTI - Bank Indonesia is targeting the implementation of its cross-border digital payment system, Quick Response Code Indonesian Standard (QRIS), in China by April 30, 2026.
Governor Perry Warjiyo stated that the launch of cross-border QRIS in China is part of a broader effort to strengthen payment system digitalization and accelerate Indonesia’s digital economy and financial sector.
“The launch of the Indonesia Digital Innovation Center (PIDI), along with initiatives such as Hackathon and Digdaya (Digital Talent Empowerment), and the Indonesia–China cross-border QRIS on April 30, 2026,” Perry said during a press conference following the April Board of Governors Meeting.
Strong Trial Result and System Readiness
At the same event, Deputy Governor Filianingsih Hendarta explained that Bank Indonesia has conducted limited sandbox testing to ensure system reliability before the official rollout. During this trial phase, cross-border QRIS transactions between Indonesia and China reached 1.64 million transactions, with a total value of IDR 556 billion.
“The enthusiasm during the trial has been very strong. This is still in the sandbox stage, so we expect even higher figures once it officially launches,” she noted.
Currently, the Indonesia–China QRIS system is supported by 24 Indonesian institutions, consisting of 16 banks and 8 non-bank entities. On the Chinese side, 19 payment providers are involved in supporting the cross-border system.
“From both technical and business perspectives, everything is ready for implementation. On April 30, we are essentially ready for the official launch,” she added.
Bank Indonesia expects that payment connectivity with China will simplify cross-border transactions, particularly for micro, small, and medium enterprises (MSMEs), while also boosting tourism between the two countries.
As part of its broader roadmap, Bank Indonesia aims to expand cross-border QRIS usage to eight countries this year. The system is already available in Singapore, Thailand, Malaysia, Japan, and South Korea, with further expansion planned for China, India, and Saudi Arabia.
Conclusion
The planned launch of cross-border QRIS in China marks a significant step in expanding Indonesia’s digital payment connectivity, strengthening financial inclusion, and accelerating growth in MSMEs and tourism across borders.
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