Bank Indonesia and the National Payment System Association (ASPI) launched the Indonesia Credit Card as an innovation in Indonesia’s domestic payment system during the country’s 81st Independence Day celebrations in Jakarta (17/08).

The launch is aimed at strengthening the national digital financial economy by improving transaction efficiency, expanding inclusion for payment providers and users, and strengthening business competitiveness.

The initiative was announced during the launch of the Payment System Policy Response by Bank Indonesia, payment system associations and payment system industry players at Bank Indonesia in Jakarta.

QRIS 0% MDR Expanded to More Merchants

Bank Indonesia also announced an expansion of its 0% Merchant Discount Rate (MDR) policy for QRIS, which will take effect on October 1, 2026.

The 0% MDR policy will continue to apply to micro-business merchants for transactions of up to Rp500,000. It will also be expanded to all other merchant categories, including small, medium and large businesses, for transactions of up to Rp100,000, from the previous rate of 0.7%.

The policy expansion is intended to improve transaction cost efficiency for businesses and expand the benefits of digital payment adoption for the public.

Interim Governor of Bank Indonesia Destry Damayanti said payment system progress must support economic growth while providing real benefits to the public and strengthening the resilience and competitiveness of the national economy.

“This policy response is based on an optimism that this policy is a real contribution from Bank Indonesia together with the payment system industry for the Indonesian nation, as well as an Independence Day gift for the public. Therefore, this policy is built on the principle of balance, providing benefits for the public, creating room for merchants to grow, and creating new opportunities for Payment System Service Providers, while maintaining the sustainability of the industry,” she said.

Indonesia Credit Card Uses QRIS for Transactions

The Indonesia Credit Card is an alternative payment instrument that provides deferred payment facilities and is processed domestically to support an inclusive national digital economy and financial ecosystem.

The card is used as a source of funds for transactions through QRIS, either by scanning or tapping.

As of August 17, 2026, eight Payment Service Providers had issued the Indonesia Credit Card. They are BCA, Mandiri, BNI, BRI, CIMB Niaga, Permata, Bank Mega and BSI, which is developing sharia-based financing.

The Indonesia Credit Card will continue to be developed through further improvements to its features and services.

QRIS Reaches 65.77 Million Users

QRIS acceptance continued to expand, with 65.77 million users recorded as of June 2026.

Of these users, 6.23 million were new users during the January-June 2026 period, showing that QRIS adoption continued to grow.

QRIS also reached 44.86 million merchants, with 96.68% of them being micro, small and medium enterprises.

The composition shows that digital payments are used not only by large businesses but also widely by micro and small businesses.

During the first half of 2026, QRIS recorded 12.55 billion transactions. The total transaction value reached Rp1.12 quadrillion, growing 93.92% year-on-year.

Payment Industry Collaboration Supports Digital Economy

The launch of the Indonesia Credit Card and the expansion of the QRIS 0% MDR policy are the result of cooperation between Bank Indonesia, industry associations, Payment System Providers and other relevant stakeholders.

The measures are part of efforts to accelerate the strengthening of Indonesia’s digital economy and national economic independence.

The initiatives are aligned with the Indonesia Payment System Blueprint 2030 and the government’s Asta Cita program to support sustainable economic growth.

PHOTO: BANK INDONESIA

This article was created with AI assistance.

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