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USTR Calls Indonesia’s QRIS a Trade Barrier

Summary by MediaNama
The United States Trade Representative (USTR) has raised concerns over Indonesia’s Quick Response Code Indonesian Standard (QRIS), alleging that it acts as a trade barrier that potentially excludes American payment services like Visa and Mastercard. USTR claims that neither U.S. companies nor U.S. digital payment systems were given an opportunity to provide feedback on QRIS. southeast asian qr payments are free, instant, and push-only. western …
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MediaNama broke the news in on Wednesday, April 23, 2025.
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