US Labels QRIS a Trade Barrier – What’s Next for Indonesia’s Digital Payment System?

Inclusive Innovation from the South: How Indonesia’s QRIS is Reshaping Digital Finance

In April 2025, a familiar tension resurfaced on the global trade stage. The United States, through its 2025 National Trade Estimate (NTE) report, criticized Indonesia’s national QR payment system, QRIS (Quick Response Code Indonesian Standard), and its domestic payment network GPN for allegedly restricting access to foreign firms like Visa and Mastercard. This came at […] The post Inclusive Innovation from the South: How Indonesia’s QRIS is Resh…

US labels QRIS a trade barrier – what’s next for Indonesia’s digital payment system?

The United States has recently called out Indonesia’s national digital payment system QRIS (Quick Response Code Indonesian Standard) for being unfair. The Office of the US Trade Representative (USTR) assessed QRIS as a trade barrier in its the National Trade Estimate Report 2025. The report – which includes broader trade concerns – underpins the Trump administration’s plan to impose 32% tariff duty for Indonesian products as of July 2025. QRIS s…