This is the Growth of QRIS Users until the End of 2022

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Adi Ahdiat 05/07/2023 16:19 WIB

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According to ASPI data, as of December 2022, there were approximately 28.76 million QRIS users, a 92% increase compared to the beginning of last year.

Number of QRIS Users in Indonesia (January-December 2022)

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Number of QRIS Users in Indonesia (January-December 2022)

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The Indonesian Standard QR Code (QRIS) is a digital payment facility provided by Bank Indonesia (BI).

This facility allows merchants and consumers to conduct cashless transactions by scanning a QR code using a smartphone.

According to data from the Indonesian Payment System Association (ASPI), as of December 2022, QRIS was utilized by approximately 28.76 million users.

This number increased by 4.6% compared to November 2022 (month-on-month/mom), and grew by 92.5% compared to the beginning of last year (year-to-date/ytd).

This growth is also accompanied by an increasing number of QRIS merchants.

ASPI recorded that in December 2022, there were approximately 23.97 million merchants serving transactions via QRIS, an increase of around 5% month-on-month (mom), and a growth of 58.2% compared to the beginning of the year (ytd).

However, the volume and value of QRIS transactions per merchant remain relatively low on average.

According to ASPI, this is influenced by the large number of merchants who are less active or do not prioritize QRIS as their primary transaction method.

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."

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