Indonesia's Digital Payment Ecosystem Shows Strong Growth

Record Transaction Volumes in October 2025

Bank Indonesia reported a significant surge in digital payment transactions, reaching 4.45 billion transactions in October 2025, representing a 31.2% year-on-year growth ¹

. This remarkable increase was primarily driven by the expanding digital payment infrastructure and growing user adoption. Governor Perry Warjiyo highlighted that the growth was supported by various digital payment channels, including mobile applications, internet transactions, and QRIS payments.

QRIS Adoption Accelerates

The QRIS (Quick Response Code Indonesian Standard) system showed particularly strong growth, with transactions increasing by 139.45% YoY. The total value of QRIS transactions reached Rp13.8 billion across approximately 252,000 transactions by November 2025 ²

. The QRIS Tap feature, launched in March 2025, has gained significant traction, particularly in transportation services such as MRT, LRT, and KRL. As of November 2025, the number of merchants accepting QRIS Tap has grown to 1.1 million ²

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https://keuangan.kontan.co.id/news/layanan-qris-tap-mulai-banyak-digunakan-masyarakat-transaksi-capai-rp-138-miliar

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BI's Infrastructure Supports Growth

The Bank Indonesia's payment infrastructure, particularly BI-FAST, played a crucial role in facilitating the increased transaction volume. In October 2025, BI-FAST processed 446.77 million transactions valued at Rp1,115.09 trillion, representing a 31.96% YoY growth ¹

. The BI-RTGS system also showed significant activity, processing 0.99 million transactions worth Rp22,524.61 trillion.

Future Expansion Plans

Looking ahead, BI is planning to expand QRIS acceptance internationally. Deputy Governor Filianingsih Hendrata announced plans to enable QRIS transactions in China and South Korea starting 2026, with negotiations currently underway ³

. This expansion is part of BI's strategy to enhance the cross-border payment ecosystem and promote Indonesia's digital payment systems globally.

Payment System Stability Maintained

Despite the significant growth in digital transactions, BI reported that the stability of the payment system remained intact. This was attributed to robust infrastructure, reliable industry operations, and adequate cash supply. BI emphasized its commitment to maintaining the security and reliability of both retail and wholesale payment infrastructure, as well as strengthening industry risk management practices.