Bank Indonesia: QRIS Able To Help MSMEs Riding Class

Illustration. (Photo: Doc. Antara)

JAKARTA - Bank Indonesia stated that the Quick Response Code Indonesian Standard (QRIS) which is the standardization of payments using the QR Code method from BI can help micro, small and medium enterprises (MSMEs) to advance to class.

"QRIS memang adalah alat yang efektif bagi UMKM untuk naik kelas. Karena dengan QRIS aktivitasnya (transaksi, red.) terlihat," kata Kepala Perwakilan BI Provinsi Jateng Rahmat Dwi Saputra, di Semarang, dikutip dari Antara, Sabtu 11 Februari.

Through QRIS, he said, transaction activities will be seen from MSMEs that indirectly show the development of their business, for example when buying raw materials to run the production process.

"When buying raw materials, the production time is visible. How much do you buy is directly recorded electronically. Even the sale, he will be recorded automatically in electronics," he said.

That way, banks that become places for MSME actors to entrust their money storage will also easily monitor transaction activities, including developments from time to time.

Moreover, banks through their mobile banking application already provide QRIS features to make it easier for customers to use QRIS when transacting.

"Bank where he (MSMEs, ed.) opens an account, the bank can monitor every day. In fact, every second there is a transaction. If there is an increase in the business scale, it will be visible," he said.

So, Rahmat said that banks can calculate quickly when MSMEs need additional working capital or capacity expansion in line with the recorded increase in business scale.

Rahmat added that the use of QRIS is indeed directed at MSMEs, and currently most of its users, especially micro and ultra micro-scale business actors.

Based on BI data, the total QRIS users in Central Java from among MSMEs were recorded at 90.16 percent, consisting of 58.48 percent of the micro and ultra micro scale, then a small scale of 25.57 percent.

Then, medium-scale entrepreneurs using QRIS were recorded at 6.55 percent, while big entrepreneurs were only 3.99 percent.