QRIS and the Future of Indonesia’s Halal Economy

QRIS and the Future of Indonesia’s Halal Economy Recently, Indonesia’s QRIS (Quick Response Code Indonesian Standard) has caught international attention and not all of it positive. Critics from the United States argue that QRIS limits access for foreign payment companies like Visa and Mastercard, restricting their entry into Indonesia’s growing digital payment market. But is QRIS really a barrier for Indonesia’s global halal economy? Or could it, in fact, be a powerful tool to strengthen it? Designed for Inclusion, Built for Growth The reality is that QRIS was created with a clear purpose: to enhance financial inclusion, empower SMEs, and reduce dependency on foreign payment systems. For halal business owners, this means transactions can be faster, safer, and more cost-effective. This digital solution doesn’t just simplify payments it supports competitiveness. By streamlining transactions, halal products from Indonesia are better prepared to compete in global markets. Every smooth, efficient payment builds credibility, trust, and operational readiness for international buyers. Strengthening Indonesia’s Global Halal Position Beyond convenience, QRIS helps stabilize Indonesia’s position in the halal market worldwide. With a structured, independent payment system, businesses can operate confidently without over-reliance on foreign platforms. This efficiency directly translates into better service for both domestic and international consumers, giving Indonesian halal products a strategic edge. The Opportunity Ahead So, the question remains: can QRIS become the digital backbone that strengthens Indonesia’s halal ecosystem? With the right adoption and integration, the answer is a resounding yes. It’s not just a payment tool—it’s an enabler for growth, expansion, and global competitiveness. At Halal Expo Indonesia, we explore innovations like QRIS that can empower halal businesses. From connecting industry players to discussing strategic digital solutions, our platform provides the insights and partnerships needed to thrive in the international halal economy. 💡 For halal business owners, keeping pace with innovations like QRIS is no longer optional it’s essential.