Quick response codes will be making cross-border transactions considerably smoother in the area. Indonesia and Thailand have announced that they are launching a new cross-border QR code payments system. This option is still currently in its pilot testing stage. That said, there is every faith that the quick response barcodes will prove themselves for completing real-time transactions between merchants located in Thailand and consumers located in Indonesia, as well as the other way around. This has become a growing trend among countries in that region of the world. Over the…
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Indonesia’s Immigration Office wants to impose QR code surveillance on foreigners
The country’s Immigration Office is reportedly developing a monitoring system for foreigners. Anyone thinking of travelling to Indonesia may one day soon find themselves subject to a QR code surveillance system. According to the institution’s Immigration Director Ronny Franky Sompie, the Indonesia’s Immigration Office is developing a monitoring system that uses a quick response (QR) codeto track foreigners who come into the country. The 2D square barcode will be added to passports or visas. “We are developing a QR code technology to be placed on the passports or visas of…
Read MoreBank Indonesia officially launches national QR code payments standard
The Quick Response Indonesia Standard (QRIS) code system has been released. Bank Indonesia (BI) has finally launched its national QR code payments standard, the QRIS code system. The goal of this system is to universalize cashless payment in the country. The system allows for a consumer to transfer funds from one payment system to any other within the BI ecosystem. As QR Code press reported back in April, Bank Indonesia, Indonesia’s central bank, had been working on conducting a trial to establish national QR code payments standards for the country’s…
Read MoreQR code standards to be implemented by Indonesia later this year
Bank Indonesia wants higher interoperability between various providers of payment solutions. Bank Indonesia (BI), Indonesia’s central bank, is presently conducting a trial to establish QR code standards for the country’s various payment system providers. QR codes are starting to be used by the country’s citizens for mobile payments. Called QRIS (Indonesian Standard QR Code), Bank Indonesia’s QR code standards trial is about developing one code to be used by multiple payment system providers at every merchant. The bank believes that the standardization of the quick response code will result in…
Read MoreQR codes help Indonesian merchants make sales
These quick response codes are helping to make mobile payments possible for sellers and consumers. Among the largest challenges to the technology environment in Indonesia is in its mobile payments ecosystem, as 99 percent of transactions are currently conducted in cash, although the use of QR codes could soon make a notable change to that figure. Using smartphones for completing transactions may soon make it more possible for Indonesians to use cashless payments. There has been a considerable amount of thought given to ways to help to adopt mobile payments…
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