Bank Indonesia on Thursday (30/10/2025) officially launched Quick Response Code Indonesian Standard (QRIS) Tap In & Out for five modes of transportation in the Jabodetabek area starting from KRL Commuter Line, Transjakarta, Jakarta LRT, Jabodebek LRT and MRT.
This is done to make it easier for people to make digital payments without the need to scan a QR code.
"QRIS Tap In & Tap Out will be launched for five modes of transportation in Jabodetabek," said Bank Indonesia Governor Perry Warjiyo at the Indonesia Digital Financial Economy Festival x Indonesia Fintech Summit & Expo (FEKDI x IFSE) 2025 in Jakarta.
Different from conventional QRIS that must use a QR code to scan, QRIS tap works by touching the phone to a common reader, but without a card.
Indonesia, he said, is the fastest growing digital financial economy in the world with a volume of 37 billion transactions worth Rp520 trillion by 2025.
According to Perry, since it was first launched on August 17, 2019, QRIShas connected 57 million users and 39 million merchants, most of which are UMKM.
He targets that by 2030, digital finance will increase to 147.3 billion transactions.
"This is the future of Indonesia as the fastest growing digital payment. We are moving forward to become the best digital economy in the world," Perry said.
Affirming Perry's explanation, OJK Chairman of the Board of Commissioners Mahendra Siregar stated that the transformation of the digital economy to strengthen the competitiveness of the digital industry requires innovations that provide inclusive access, efficient and safe services, resulting in stronger public trust.
"OJK continues to strengthen data and technology-based supervision, including collaborating with fiscal and monetary authorities and industry players. Through this opportunity, Indonesia is no longer just a user of technology, but also a determinant and director of the digital economy in the Southeast Asian region," Mahendra said.
To the land of ginseng
Not stopping there, the development of Cross Border QRIS to South Korea was also officially launched, following the success of Cross Border QRIS which was successfully used in Thailand, Malaysia, Singapore, Japan, and China.
Head of ASEAN-ROK Financial Cooperation Center Lee Young-jick publicly expressed his appreciation for this launch.
According to Lee, Indonesia's established QR payment system is the first step towards integration in the global EKD system, which currently stands at USD 14.3 billion and is projected to reach USD 61.7 billion by 2033. The expansion of internet service access, market locations, as well as the demographic transition in the digitally literate generation pave the way to achieve that growth.
"This situation illustrates not only technological changes, but also lifestyle changes. After the success of QRIS that connects more than 50 million users, the next step is to build cross-border payment integration that connects QR payment networks for smooth transactions between countries," he said.
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Similar to Indonesia, the convenience of digital payments also experienced significant growth in South Korea, with the average daily transaction volume reaching 30.72 million transactions worth KRW 959.4 billion. After the pandemic, this frequency increased as the need for Korean travelers to use QR payments while traveling to Southeast Asia grew.
As the interbank payment authority in South Korea, the KFTC has selected Hana Bank as the exclusive settlement bank for the cross-border QR project, with a pilot project launched in Indonesia. The choice is based on the KFTC's finding that Hana Bank has recorded KRW 31.8 billion (USD 23 million) worth of QR transactions by 2024, a 10-fold increase from 2022, with most of them made by South Korean travelers in Southeast Asia.
During the current trial period, South Korean travelers can use Korean digital payment apps to scan QRIS while visiting Indonesia. Similarly, Indonesian travelers can scan ZeroPay and SeoulPay with Indonesian digital payment apps for transactions in South Korea. Both ZeroPay and SeoulPay are payment platforms used by more than 2 million merchants across South Korea.
"We will continue to work with our Indonesian partners to ensure this project is more accessible. This is not just about payment, but a step towards better understanding and strengthening the relationship between South Korea and Southeast Asia, to know each other, connect and grow together," Lee concluded.
Not ideal
In addition to horizontal inclusion by expanding the reach of Cross-Border QRIS, tips for encouraging vertical inclusion through increasing the financial literacy capacity of UMKM are also a concern of FEKDI x IFSE 2025. On this occasion, PT Bank Rakyat Indonesia (Persero) Tbk. demonstrated the Stroberi Kasir mobile application as BRI's dedication to helping UMKM through point of sales applications .
Head of BRI's Business Partnership Department Faiz Nasrullah Samara explained that the Stroberi Kasir application was born from the awareness that UMKM as a pillar of the Indonesian economy need a better financial inclusion push, given the low financial literacy capacity.
Through this application, BRI wants to build the habit of UMKM players to have better records, achieve operational efficiency, and simplify stock and financial reports. In use, Stroberi Kasir helps UMKM players to count stock, record transactions and nominal, and help calculate profit results in sales at the end of the day.
"This application is free as long as BRI stands. Just download, and register simply with a cell phone number. This application can be used by anyone, whether BRI customers or not. Through this application, we want to instill the habit of recording sales which is very important, including by micro entrepreneurs," said Faiz.
The practice of providing opportunities for every level of society to gain access to financial products and services as the spirit of BI gives a broader meaning to financial inclusion. However, Gadjah Mada University Department of Management and Public Policy lecturer Media Wahyudi Askar notes that account ownership as a benchmark for BI and OJK to measure the level of financial inclusion can trigger problems.
"It is possible that Indonesia has a high level of account ownership, but the owners do not use the account to access financial services. We know, almost most social assistance uses a banking account, and the account is used to receive money from the government only, not active transactions," he said when contacted. SUAR, Thursday (30/10/2025).
Media emphasized that even though the number of banking accounts is high, it does not yet reflect good financial inclusion. It is the usefulness of financial products and services that should be the measure of inclusion, along with the level of public welfare.
"Inclusion is more than just opening an account. Most importantly, people actually use products as needed. Account ownership data is high, but measured by indicators of product usage, let alone the significance of the impact of product usage on welfare, we can find that inclusion is still far from ideal and must be accelerated," he said.