Indonesian Payments Transactions Through QRIS Surged by 194.06% in April 2024

May 23, 2024, 02.25 AM  | Reporter: Siti Masitoh
Indonesian Payments Transactions Through QRIS Surged by 194.06% in April 2024

ILUSTRASI. QRIS Transactions: Consumers use QRIS to make transactions at an MSME outlet in Depok, Monday (29/4/2024). Bank Indonesia (BI) noted that Indonesian standard quick response code aka QRIS transactions in April 2024 grew 175.44 percent on an annual basis (year on year/yoy) with the number of users reaching 48.12 million and the number of merchants 31.61 million, most of whom were MSME merchants. KONTAN/Baihaki/29/4/2024

PAYMENT - JAKARTA. The use of the quick response code Indonesian standard (QRIS) for transactions continues to surge.

According to Bank Indonesia (BI), as of April 2024, QRIS transactions have grown by 194.06% year on year (yoy), with the number of users reaching 48.90 million and the number of merchants hitting 31.86 million.

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