Jakarta, May 26 -- Bank Indonesia Deputy Governor Filianingsih Hendarta believes the value of trade transactions between Indonesia and Japan will increase following the integration of Indonesia's QRIS payment system with JPQOR (Japan's QR standard) starting August 17, 2025.

In a statement received in Jakarta on Tuesday, Hendarta revealed that the value of trade transactions between the two countries reached 224 trillion yen in 2025.

She explained that the integration of Indonesia's QRIS system with Japan's JPQOR will enable direct merchant transactions and streamline the flow of digital transactions between the two countries.

On the same occasion, Hendarta emphasized the use of Local Currency Transactions (LCT) to minimize the risk of ...