Digitalization of the Quick Response Indonesian Standard (QRIS) Payment System for MSME Development

Abstract

Digitalization of payment systems in the business world is a certainty at this time. This paper is an initial literature review that will discuss the use of server-based ecommerce, the discussion will present QRIS (Quick Response Code Indonesian Standard), the readiness of MSMEs in using information technology, the application of QRIS on MSMEs, QRIS constraints on MSMEs. This paper is important because the need to use serverbased e-commerce is already one of the most popular cashless payment systems. Server-based e-commerce format is ewallet or digital wallet. This paper is important because it examines the role of regulators and standards in the use of QRIS (QR Code Indonesian Standard). The use of QRIS helps to standardize QR code systems. This research attempts to examine the application of QRIS to MSMEs in terms of the role, limitations, and income of MSMEs with QRIS. The research method used is by tracing literature that uses QRIS as a payment method for the character. This study shows that QRIS offers benefits for MSME traders.

Cooperation in Digital Innovation Under the Master Plan on Asean Community (MPAC) in Muslim Asean Countries

“…The discussion will provide QRIS (Quick Response Code Indonesian Standard), the preparedness of MSMEs to adopt information technology, the use of QRIS on MSMEs, and the QRIS limits on MSMEs. In addition, the discussion will present QRIS (Nada et al, 2021). The findings are similar to those of previous studies in that the payment system industry and regulator in Indonesia have established a universal QR Code standard called the Quick Response Indonesian Standard (QRIS) that applies to all payment system operators.…”

“…In addition, MSME actors are responsible for implementing the QRIS payment system for serverbased payment methods that use QR codes (Nada et al, 2021). Implementing financial connections would enhance Indonesia's and Malaysia's already strong commercial relationship while facilitating economic recovery after the epidemic.…”

“…Merchants have integrated the employment of QR codes to allow a cloud server-based payment system that does not need cash. This system can be accessible without internet connectivity (Nada et al, 2021).…”

Investigasi Behavioral Intention pada Sistem Pembayaran QRIS di Merchant UMKM

“…QRIS (QR Code Indonesia Standard) adalah sistem pembayaran berbasis shared delivery channel yang digunakan untuk standarisasi transaksi pembayaran menggunakan QR Code [2]. QRIS menjadi salah satu solusi yang dapat mempermudah transaksi nasabah atau user.…”

Study of Employment Characteristics and Entrepreneur Competency as Effort to Increase SMEs Performance

“…20 of 2008 concerning Micro, Small and Medium Enterprises, Micro Enterprises are productive businesses owned by individuals and/or individual business entities that meet the criteria of Micro and Small Enterprises which are productive economic businesses that stand alone, carried out by individuals or entity. In line with Nada, Suryaningsum, and Negara (2021) stated that MSMEs are companies owned by individuals or groups and valued based on income and the number of employees in the company. A business that is not a subsidiary or branch of a company that is owned, controlled, or becomes a part, either directly or indirectly, of a Medium or Large Business that meets the criteria for a Small Business.…”