QRIS Indonesia: Indonesia’s Unified QR Code Payment Solution with 8B Integration

With 8B’s QRIS integration, global payment service providers (PSPs) gain direct access to Indonesia’s $130B+ digital payments market—via a fast, compliant, and cross-border-ready gateway.

What Is QRIS?

Mandated by Bank Indonesia, QRIS unifies QR-based transactions into a single code that simplifies acceptance and expands reach.Key Features

• Single QR Code: Merchants display one code that works with any QRIS-compatible app (e.g., OVO, DANA, ShopeePay)
• Bank Indonesia Licensed: PCI DSS-compliant, EMVCo-aligned, and authorized for financial operations
• Cross-Border Enabled: QRIS transactions live with Thailand, Malaysia, and Singapore, with expansion planned for Japan and India
• MSME-Optimized: Transaction fees as low as 0.3–0.7% compared to traditional cards (1.5–3.5%), with no terminal hardware required

How QRIS Works with 8B

For Merchants

• Unified Onboarding: Register with 8B once to activate QRIS payments across all apps
• Universal Acceptance: Customers use any QRIS-supported app to scan and pay
• Real-Time Settlement: Funds settle directly to merchant accounts in seconds

For PSPs and Global Platforms

• Pre-Built API Integration: 8B provides certified QRIS modules aligned with Bank Indonesia’s requirements
• Cross-Border Compatibility: Enable inbound payments from platforms like Alipay or PromptPay
• Scale with Confidence: Connect to a growing network of 29 million QRIS users and over 18.7 million merchants

Why PSPs Choose 8B for QRIS

1. Regulatory Assurance

• Certified by Bank Indonesia for technical and compliance standards
• PCI DSS security, tokenization, and biometric fraud prevention
• Real-time risk and settlement monitoring

2. Built for Cross-Border Commerce

• ASEAN interoperability: QRIS works with Thailand’s PromptPay, Malaysia’s DuitNow, and Singapore’s PayNow
• Enables tourists and foreign app users to transact locally with QRIS-linked merchants

3. Cost Efficiency

• Eliminates the need for card terminals or hardware
• Offers significantly lower merchant fees (0.3–0.7%) than legacy card networks

4. Market Reach and Adoption

• Over 6.24 billion QRIS transactions processed in 2024, totaling Rp695.9 trillion (~$45B)
• Deep penetration among MSMEs, warungs (kiosks), religious institutions, and informal merchants across Indonesia

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8B Integration Process

1. Access 8B’s QRIS API: Seamless integration with full developer support
2. Compliance Review: 8B manages validation and certification with Bank Indonesia
3. Go Live in 72 Hours: Begin accepting QRIS payments in as little as three business days

Roadmap and Innovation

• BI-FAST Integration: Combine QRIS with Indonesia’s national real-time settlement system for instant domestic payouts
• Global Expansion: 8B supports upcoming QRIS corridors in other countries.
• Stablecoin Exploration: Optional crypto-based settlement via future partners

Whether you're a PSP, fintech platform, or global merchant enabler, 8B provides the infrastructure, compliance, and local partnerships to activate QRIS at scale.

• Full Bank Indonesia certification
• Low-cost, real-time payment acceptance
• Access to 275M+ Indonesian consumers and growing merchant base