Prabowo Aims to Launch QRIS in India Soon

President Prabowo Subianto aims to extend Indonesia's Quick Response Code Indonesian Standard (QRIS) digital payment system to India, potentially allowing seamless transactions for users in both nations. Prabowo discussed the plan with Indian Prime Minister Narendra Modi during a meeting in Jakarta.

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To strengthen cooperation in the financial sector, we welcome the progress of discussions on a cross-border QR payment linkage between Indonesia and India.

"To strengthen cooperation in the financial sector, we welcome the progress of discussions on a cross-border QR payment linkage between Indonesia and India," Prabowo stated. He expressed hope that integrating the digital payment systems would make cross-border transactions smoother and more efficient, thereby bolstering the financial resilience of both countries.

Under the proposed partnership, Indonesian citizens would eventually be able to use QRIS for payments across India. Conversely, users of India’s Unified Payments Interface (UPI) would be able to transact in Indonesia through the interconnected network. Modi welcomed the ongoing talks, stating, "We are very pleased that India's UPI payment system will be integrated with Indonesia's platform."

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We are very pleased that India's UPI payment system will be integrated with Indonesia's platform.

Modi added that the policy would facilitate business operations and travel for citizens of both nations. The discussion occurred during Modi's three-day visit to Indonesia, which included a state ceremony, a bilateral meeting, and the signing of 16 agreements between the two countries. This initiative follows Indonesia's recent launch of QRIS cross-border payment services with China and its expansion to other regions like Singapore, Malaysia, Thailand, Japan, and South Korea.

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This step will facilitate business activities as well as travel for the citizens of both nations.