Indonesia · QR Payment Standard · Est. 2019
Indonesia's national QR code standard (Quick Response Code Indonesian Standard) that unifies QR payments across banks, e-wallets (GoPay, OVO, Dana, ShopeePay), and the BI-FAST rail into a single interoperable code. Unlike most payment systems that are a single rail, QRIS is a multi-rail standard — merchants display one QR code that consumers can scan with any participating app, with settlement happening through whichever rail the consumer's app uses. Mandated by Bank Indonesia, QRIS processed 34B+ transactions in 2024 and is central to Indonesia's financial inclusion strategy for its 17,000-island archipelago.
QRIS is Indonesia’s real-time payment system (QR Payment Standard), launched in 2019. Indonesias national QR code standard (Quick Response Code Indonesian Standard) that unifies QR payments across banks, e-wallets (GoPay, OVO, Dana, ShopeePay), and the BI-FAST rail into a single interoperable code.
QRIS processed 51.0 billion transactions worth $88.2bn in 2025, a year-on-year change of +50.0%.
QRIS is operated by Bank Indonesia, with instant settlement.
QRIS launched in 2019, and today has 70 participating institutions.
QRIS supports QR code payments.
Data source: Bank Indonesia.
| Capability | Status |
|---|---|
| QR Code Payments | ✓ |
| Wallet Support | ◐ |
| 24/7 Availability | ✓ |
| Cross-Border | ◐ |
| ISO 20022 | — |
| Request to Pay | — |
| Open API | ◐ |
| Alias/Proxy | — |