Ever feel like you’re falling behind the times just because your business hasn’t adopted QRIS yet? Indonesia’s QRIS (Quick Response Code Indonesian Standard) is dominating 2025—and even has the U.S. rattled. In just the first quarter of this year, the system clocked 56.3 million users, 2.6 billion transactions, and a transaction value of Rp262.1 trillion, nearly 5% of Indonesia’s GDP. From humble stalls in Yogyakarta to upscale restaurants in Jakarta, it has transformed transactions into fast, low-cost experiences.
For expats, foreign entrepreneurs, and global investors, this booming trend is a golden opportunity. But stepping into the QRIS ecosystem isn’t as simple as sticking a QR code at your cashier. There’s legal work to consider. Want to know why it is exploding and how you can jump in? Keep reading.
Last month, QRIS and the National Payment Gateway (GPN) sparked controversy after being flagged by the U.S. government as trade barriers in a document from the United States Trade Representative (USTR).
According to Santoso Liem, Chairman of the Indonesian Payment System Association (ASPI), its advantages—low cost, simplicity, and interoperability—have drawn the attention of American switching companies.
“This might explain why companies like Visa and Mastercard feel like they’re being left behind. But we’re open to future collaboration,” said Santoso, as quoted by CNBC Indonesia.
QRIS: The King of Digital Payments in Indonesia
Launched by Bank Indonesia (BI) in 2019, QRIS lets one QR code handle all payments—whether from e-wallets like GoPay and OVO or mobile banking apps. According to CNBC Indonesia, by March 2025, QRIS had been adopted by 38.1 million MSMEs. Transactions jumped 500%, and total value rose 150% to Rp262.1 trillion. Even better, transactions under Rp500,000 incur zero fees, while higher transactions are capped at just 0.7%—far cheaper than the 2–3% charged by credit cards.
QRIS isn’t just for domestic use anymore. Starting August 2025, it can be used in nine countries, including Japan, South Korea, and Singapore. Imagine a Japanese tourist buying street food in Bali by simply scanning a QR code—no currency exchange needed. For businesses that adopt it, this opens the door to global customers. It’s no wonder Bank Indonesia calls QRIS a “game-changer” in Indonesia’s digital economy, especially as the government targets 3 billion transactions by the end of 2025.
For foreign business owners, joining the QRIS wave isn’t as easy as it is for locals. While local MSMEs can just register with a bank or e-wallet provider, larger foreign operations—like restaurant chains or online stores—need legal entities such as PT PMA (Foreign Investment Companies) to process its payments officially and safely. This is where things get tricky.
QRIS Growth Is a Jackpot for Global Entrepreneurs
The QRIS boom is making Indonesia an irresistible market. With 56.3 million users, the opportunities are huge—from Jakarta’s café-hopping Gen Z crowd to foreign tourists in Bali. QRIS also streamlines cross-border business. For example, an expat café owner in Canggu can accept payments from Korean tourists without cash or currency exchange. Investors selling imported gadgets online can offer seamless payments with QRIS.
Read also: Canggu Still Reigns as Tourist Hotspot, Despite the Gridlock
Data from Katadata shows 65% of Indonesian consumers research products online before buying. QRIS allows them to complete purchases effortlessly. Just scan and pay—it’s that simple. This is a massive advantage for foreign businesses in retail, food & beverage, and e-commerce. Even better, the Indonesian government is aggressively promoting the digital economy, aiming for Rp1,650 trillion in investment by 2025 (according to BKPM). Tourism, tech, and trade sectors are key targets—and QRIS is the key to entering those spaces.
But legal complications remain a challenge. For example, QRIS transactions must be reported through the Coretax system. Without a proper Indonesian tax ID (NPWP), the process can be frustrating. And building a strong digital brand requires a great website—not something all expats have time or skills to create. That’s why legal preparation and business strategy are essential—not just to keep up with trends, but to thrive in this digital ecosystem.
Company Registration: The Legal Gateway to QRIS
While locals can get started with just a bank account or digital wallet, foreign-owned businesses operating at scale need to establish a PT PMA. Why? Because it provides a tax ID, legal access to government systems, and protection under Indonesian law—especially when monthly transactions reach millions. Without it, you risk tax audits and legal complications that could disrupt your operations.
Setting up a PT PMA isn’t a walk in the park. You’ll need a notarial deed, a Business Identification Number (NIB) from OSS RBA, and a minimum capital of Rp2.5 billion for sectors like food & beverage or retail. The OSS RBA system is faster in 2025, but hiccups still occur—like rejected documents or slow verifications, especially if you’re unfamiliar with Indonesian. The entire process can take 3–6 months if not handled properly. Many foreign entrepreneurs have voiced their frustrations on platforms like X.
This Is Where Bizindo Comes In
Our Company Registration Services make the PT PMA process smooth and straightforward. We handle everything—from the deed to the NIB and NPWP—so you can quickly become an official QRIS merchant. With a solid legal foundation, you’ll not only accept QRIS payments but also be ready to grow—locally and internationally. You focus on profit; we’ll handle the bureaucracy.
Don’t Miss the QRIS Train
QRIS in 2025 proves that Indonesia is emerging as a digital powerhouse. With 56.3 million users, Rp262.1 trillion in transactions, and cross-border functionality across nine countries, the potential is enormous. For expats, foreign businesses, and investors, QRIS unlocks a massive consumer base—but it requires the right legal structure and a smart entry plan. From setting up your PT PMA to building a customer-friendly website, every step matters.
Want to jump into the QRIS trend without the hassle? Bizindo is ready to help. We don’t just legalize your business—we help you compete and win in Indonesia’s digital marketplace. Stop dreaming. Start building—today.
Ride the QRIS Wave with Bizindo
Ready to grow your business with QRIS? Bizindo can help you establish a PT PMA and register as an official merchant without the bureaucratic headache. Visit www.bizindo.com and let’s unlock Indonesia’s digital market together!
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