Bank Indonesia Launches Government Credit Cards And QRIS Inter-ASEAN QRIS

BI Governor Perry Warjiyo (Photo: Screenshot of BI Youtube)

JAKARTA – Bank Indonesia (BI) has officially launched the domestic government credit card (KKP) and international QRIS.

BI Governor Perry Warjiyo said that this agenda is a form of shared commitment to accelerate the national digital economy and finance as well as strengthening international cooperation, especially in ASEAN, which is in line with Indonesia's chairmanship of the G20 for the 2022 period.

“Please allow us to report. First, we launched the KKP quickly in coordination with the banking sector, OJK, and also with Himbara (State Bank Association: Bank Mandiri, BRI, BNI). Soon this domestic KKP will be able to facilitate the purchase of government goods/services at the central and regional levels", he said through digital channels on Monday, August 29.

According to Perry, the government's credit card is also a follow-up to the President's instructions through Presidential Instruction 2/2022, which is to use non-cash transactions for government spending on domestic products.

"In the early stages of implementing the use of this KKP through QRIS, which is supported by 22 million merchants", he said.

Second, this launch is a BI payment system digitization program that was launched first in May 2019.

The third is trying to connect the payment system in Indonesia to the world with the initial stages starting from ASEAN. We have gathered with five central bank governors in ASEAN to commit to connecting the payment system", he explained.

Perry added, that today this connectivity can be done with Thailand which facilitates transactions in tourism, and MSME trading can be easier through QRIS.

We have been testing it since January. We are finalizing Singapore. Shortly, five ASEAN countries can make a QR and Fast Payment system crossborder payment system, he said.