BRI Records Transaction Volume Of QRIS Merchant Grows 400 Percent

Director of Networks and Services BRI Andrijanto. (Photo: Doc. ANTARA)

JAKARTA - PT Bank Rakyat Indonesia (Persero) Throughout 2023 noted that the transaction volume of BRI's QRIS merchants experienced a significant growth of 400 percent.

BRI Network and Service Director Andrijanto said this shows that the use of QRIS is increasingly in demand by the public because it is easier and faster.

The number of BRI QRIS merchants has reached 3.7 million or grew 30 percent year on year (yoy) in line with the massive acquisition of BRI QRIS merchants.

This year, the acquisition of BRI QRIS merchants is projected to experience a 20 percent yoy growth with a projected transaction volume growing by around 18 percent yoy.

"In addition to acquiring in shopping centers, tourist attractions, culinary delights, and other transaction centers, BRI will continue to expand its QRIS acceptance through API, so that BRI QRIS can be easier to integrate with partner applications," said Andrijanto in a statement to the media, Tuesday, February 27.

Andrijanto explained, in addition to increasing the quantity of performance from QRIS, BRI continues to guarantee security for customers during transactions.

Among them BRI has verified data according to the SOP, such as requiring merchants to attach ID cards that are directly validated to the Dukcapil portal.

Furthermore, cooperation agreements are mandatory to be signed by the merchant owner. This is to prevent the presentation of false financial statements intentionally or the QRIS fraud.

Furthermore, in the process, BRI marketing always conducts on-the-spots to merchants to see firsthand the business location so as to ensure suitability and business profile. Furthermore, in terms of inputting the name of the merchant, strict verification is always carried out where business names are adjusted to business or clue signatures such as road addresses and names.

"This is to avoid the abuse of QRIS by merchants," he added.

Andrijanto said that security guarantees can also be obtained by merchants, including preventing fraudulent modes in the form of fake receipts from buyers.

The receipt states the names of merchants, types of goods, and the number of transactions that have been estimated at the beginning to then be shown to the seller after making transactions with payments using a QRIS barcode scan so that the seller has provided the goods/services but does not accept payments to his account.

To prevent this type of fraud, the company asks merchants to submit goods/services if there is an entry notification, either from EDC machines, SMS notifications or via BRImo notifications.

BRI QRIS merchants can also download the BRI Merchant application on the PlayStore to later be used to see the success or failure of transactions made.

From the buyer's side, if payment using the QRIS method through the BRImo application, the name of the QRIS merchant will be displayed in full so that customers can more easily ensure its suitability.

Finally, Andrijanto also hopes that all merchants will regularly check the condition of their respective QRIS stickers.

"For all BRI merchants, especially mosque merchants, foundations, or other non-profit institutions, in order to regularly check the condition of QRIS stickers to ensure their authenticity, in good condition, does not fade, is not subject to other stickers, or other indications of manipulation," concluded Andrijanto.