Insight

Indonesia’s IDR262tn QRIS is on U.S. Spotlight

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Algo Research Team

Industry | Apr 28, 2025 | Views: 814

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Key Summary:

  • 2025 USTR report mentions GPN and QRIS as trade barriers for U.S.
  • QRIS transaction value has grown exponentially to IDR260tn in 1Q25
  • 56.3 million users and 33.7 million merchants have benefited from QRIS

The successful launch of Indonesia’s national payment gateway (GPN) and standardized QRIS payment system have been under scrutiny by United States, where it is implied that such innovations are acting as trade barriers for U.S. companies.


Context: In its 2025 report, the U.S. Trade Representative (USTR) complains that international stakeholders (especially U.S. companies) are excluded from the policymaking process and implementation of GPN and QRIS by Bank of Indonesia.

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