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According to data from the Indonesian Payment System Association (ASPI), in March 2024 there were approximately 32 million merchants accepting payments via QRIS.
QRIS is a digital payment facility from Bank Indonesia. This facility allows merchants and consumers to conduct cashless transactions by scanning a QR code using a smartphone.
In March 2024, the highest concentration of QRIS merchants was in West Java, with 6.8 million merchants.
Other provinces with a significant number of QRIS merchants include DKI Jakarta, East Java, Central Java, and Banten.
This is followed by North Sumatra, South Sulawesi, Bali, South Sumatra, and Yogyakarta Special Region, with details as shown in the graph.
Combined, these 10 provinces account for 79% of the total national QRIS merchants.
ASPI also recorded that, on average, QRIS merchants throughout Indonesia processed 11.8 transactions per month in March 2024.
The average transaction value in March 2024 reached Rp1.3 million per merchant per month, a 152% increase year-on-year (YoY).
"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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