ShopeePay promotes QRIS adoption in Indonesia through cashback offers

ShopeePay is collaborating with Bank Indonesia to promote the adoption of the Quick Response Code Indonesian Standard (QRIS) among users and Micro, Small, and Medium Enterprises (MSMEs). To support this initiative, ShopeePay is offering cashback of up to Rp100,000 on QRIS transactions through its app.

Bank Indonesia reports that digital transaction volumes in Indonesia reached 5.50 billion in July 2026, a 28.69% year-on-year increase. Currently, approximately 96.69% of the 45.46 million QRIS merchants are classified as MSMEs, highlighting the role of digital payments in inclusive economic growth.

Other financial developments in Indonesia include Bank bjb partnering with KAI Commuter to enhance public transport payment ecosystems through co-branded Multi Trip Cards (KMT), and PT CIMB Niaga Auto Finance (CNAF) implementing strategies to boost vehicle financing despite macroeconomic fluctuations.