Indonesia chases Asian digital payments clout with China, India QR links
The tie-ups could lift tourist spending and boost the rupiah
[JAKARTA] Indonesia is expanding its national QR payment system’s reach into India, just months after linking up with China, as it looks to capture more of Asia’s fast-growing cross-border digital payment flows.
The link, targeted for completion by end-2026, would connect Indonesia’s Quick Response Code Indonesian Standard (QRIS) with India’s real-time bank payment network Unified Payments Interface (UPI).
This would allow consumers and merchants in both countries to make and accept payments using their existing banking and e-wallet apps.
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