Bank Indonesia issues QRIS Implementation Regulations - Bank Sentral Republik Indonesia
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September 18, 2019

As implementation guidelines for the Quick Response (QR) Code Indonesian Standard (QRIS), Bank Indonesia (BI) has issued Board of Governors Regulation (PADG) No. 21/18/PADG/2019 concerning the National Implementation Standards of the Quick Response Code for Payments, dated 16th August 2019. The new regulation aims to ensure the smooth implementation of payment services using QRIS in Indonesia. QRIS implementation will be rolled out nationally from 1st January 2020 in order to provide a transition period for payment system service providers to prepare for the new standards.

Bank Indonesia launched Quick Response (QR) Code standards for payments through server-based e-money, electronic wallets or mobile banking known as QR Code Indonesian Standard (QRIS) to coincide with the 74th Anniversary of Indonesian Independence on 17th August 2019 in Jakarta. QRIS launching is part of the realisation of the Indonesian Payment System Vision (SPI) for 2025, announced in May 2019.

Further information can be accessed through the following link.

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