How Much Do Indonesian Citizens Spend Using QRIS? This is the Survey

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Nabilah Muhamad 21/09/2023 14:36 WIB

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According to a joint survey report by LM FEB UI, the majority of respondents in Indonesia, or 39.4%, spend between Rp50,000 and Rp100,000 per QRIS transaction.

Respondent Transaction Value in a Single QRIS Use (2023)

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Respondent Transaction Value in a Single QRIS Use (2023)

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QRIS is a cashless payment facility launched by Bank Indonesia. This system is integrated with various digital transaction applications, such as mobile banking and e-wallets, making it easier for consumers to shop.

According to a survey by the Management Institute of the Faculty of Economics and Business, University of Indonesia (LM FEB UI), at the beginning of 2023, 66% of respondents had already used QRIS.

LM FEB UI also found that the majority, or 39.4%, of total respondents usually make transactions in the range of Rp50,000-Rp100,000 per QRIS transaction.

Then 37.3% of respondents usually spend less than Rp50,000, followed by 13.1% of respondents with spending in the range of Rp100,000-Rp200,000, and 5.5% of respondents with spending in the range of Rp200,000-Rp300,000 per QRIS transaction.

Meanwhile, only 4.7% of the total respondents had transactions exceeding Rp300,000 in a single QRIS transaction.

In terms of usage intensity, the majority, or 49.8%, of respondents use QRIS to transact 1-2 times a week.

"This shows that, although the number of QRIS users is quite large, the value and intensity of transactions are still relatively small," wrote the LM FEB UI research team in their report.

LM FEB UI conducted this survey involving 1,000 respondents spread across various regions of Indonesia, using the tSurvey online survey platform. Data collection was carried out from early March to early April 2023.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."