Get to know QRIS: Know how it works and its benefits

QRIS or Quick Response Indonesia Standard is a digital payment system that is increasingly popular in Indonesia. This system was developed by Bank Indonesia as an effort to integrate various digital payment methods that already exist in Indonesia, such as e-wallets, internet banking, and mobile banking. In this article, we will take a deeper look at QRIS, how it works, and its benefits for society.

What is QRIS?

QRIS or Quick Response Code Indonesian Standard is a contactless payment system launched by Bank Indonesia in 2019. QRIS is used as the national standard for contactless payments with QR codes. QRIS was created as an effort to integrate existing electronic payment systems in Indonesia so that they are more easily accessed and used by the public. Prior to QRIS, there were different types of contactless payments in Indonesia, such as OVO, Go-Pay, and LinkAja. This makes it difficult for customers and merchants to use it universally. With QRIS, customers only need to scan a QR code on their payment app to make transactions with merchants using other contactless payment systems. This simplifies the process of contactless transactions and improves efficiency in Indonesia’s payment system. QRIS is also expected to increase financial inclusion in Indonesia, especially for people who do not yet have access to the banking system. With QRIS, customers can make financial transactions without having to open a bank account first. It can also help the government to reduce the use of cash in payment systems, thereby reducing security risks and facilitating tracking of financial transactions. In addition, QRIS is also expected to increase efficiency for merchants in conducting contactless transactions. In the QRIS system, merchants only need to use one QR code to accept payments from a variety of different payment applications. This simplifies the process of contactless transactions for merchants and minimizes administrative fees that must be paid for using different types of contactless payment applications. Overall, QRIS was created as an effort to integrate contactless payment systems in Indonesia and increase efficiency in the payment system as a whole. QRIS is also expected to increase financial inclusion for the community and help the government to reduce the use of cash in the payment system.

How Does QRIS Work?

The way QRIS works is quite simple. Basically, QRIS is a system that allows users to make transactions using digital payment applications that are supported by QRIS. Here is how QRIS works in general:

1. 1. Merchants or sellers display the QR Code on the screen or on printed media, such as posters or brochures.
   2. The buyer opens a digital payment application that is supported by QRIS.
   3. The buyer scans the QR Code displayed by the merchant using a digital payment application that is supported by QRIS.
   4. The buyer fills in the payment amount and confirms.
   5. Transaction done successfully.

What are the Benefits of Using QRIS?

There are several benefits that can be obtained by using QRIS as a payment method, including:

1. 1. Practical and efficient: QRIS allows users to make transactions by simply scanning the QR Code displayed by the merchant. Transactions can also be made quickly and easily without having to carry cash.
   2. Safe and reliable: QRIS uses a sophisticated security system so users don’t have to worry about the security of their transactions.
   3. Integration: QRIS allows users to easily use various digital payment methods that already exist in Indonesia, such as e-wallets, internet banking, and mobile banking.
   4. Transparency: QRIS allows users to easily track their transactions and obtain clear information about those transactions.

How to use QRIS?

To use QRIS as a payment method, users must perform the following steps:

1. 1. Download digital payment applications that already support QRIS, such as GoPay, OVO, or DANA.
   2. Select the “Pay with QRIS” menu.
   3. Scan the QR Code displayed by the merchant.
   4. Enter the payment amount and confirm the transaction.Transaction done successfully.

Conclusion

QRIS is a digital payment system that is quite popular in Indonesia. This system allows users to make transactions using various digital payment methods that already exist in Indonesia easily and practically. Apart from that, QRIS is also safe, especially