The Medan UKM Cooperative Service welcomes the expansion of QRIS in ASEAN

This facilitates payment because currently Medan SMEs have produced export products since last March.

Medan (Armfalcon.com) – The Medan Cooperative Small and Medium Enterprises (UKM) Office, North Sumatra, welcomed the expansion of the use of the Indonesian Standard Quick Response Code (QRIS) in ASEAN, where the system has now been used in Malaysia after it was ratified last year in Thailand.

“That makes payments easier because currently Medan MSMEs have produced export products since last March,” Head of the Medan UKM Cooperative Service Benny Nasution told Armfalcon.com in Medan, Tuesday.

According to Benny, MSMEs in Medan are familiar with using QRIS for payment transactions.

Also read: Jalin and LinkAja expand QRIS implementation to Malaysia

Until early March 2023, he continued, there were around 294 thousand out of 457,029 thousand micro business units in Medan that utilized QRIS.

Benny emphasized that MSMEs in Medan are also routinely given digitalization training, which includes the use of QRIS, to streamline sales.

“Digitalization is one of the government’s strategies to upgrade MSMEs. We have been conducting training since last year,” said Benny.

Even so, there are still obstacles related to QRIS among MSMEs, namely the procurement of equipment that is evenly distributed. “Now only the equipment remains,” said Benny.

Also read: Perbanas Association: 30 million QRIS users optimize digital transactions

Bank Indonesia (BI) launched the Indonesian-Malaysia Quick Response Code Indonesian Standard (QRIS) on Monday (8/5), completing a similar partnership between Indonesia and Thailand starting in August 2022.

This policy is in line with the financial channel priorities of Indonesia’s 2022 G20 Presidency to develop a roadmap for strengthening cross-border payments.

This is also considered an important achievement in Indonesia’s Chairmanship in ASEAN 2023 and a stepping stone for the implementation of the Indonesian Payment System Blueprint (BSPI) in 2025.

source: www.antaranews.com

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