{
  "id": 10139913,
  "title": "BI to expand QRIS to Timor Leste, Hong Kong",
  "url": "https://urgent.news/2026/09/27/bi-to-expand-qris-to-timor-leste-hong-kong",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-27T04:30:13.000Z",
  "source": {
    "name": "The Jakarta Post",
    "slug": "the-jakarta-post",
    "url": "https://www.thejakartapost.com/business/2026/09/27/bi-to-expand-qris-to-timor-leste-hong-kong.html"
  },
  "original_language": "en",
  "account": "Banks in Indonesia are set to expand their Quick Response Code Indonesian Standard (QRIS) system to Timor-Leste and Hong Kong. This expansion follows the signing of memorandums of understanding (MoUs) between Bank Indonesia (BI) and the central banks of the two countries. The agreement was signed on Friday during the 2026 Indonesia Digital Economy and Finance Festival and Indonesia Fintech Summit and Expo in Jakarta.\n\nBI Governor Destry Damayanti expressed her satisfaction with the collaboration, stating, \"We are very pleased to be working together with the central bank of Timor-Leste.\" The MoUs signed with Timor-Leste's Banco Central de Timor-Leste (BCTL) and Hong Kong's Hong Kong Monetary Authority (HKMA) aim to deepen cooperation on payment and settlement systems, digital financial innovation, and information sharing. The agreement also paves the way for the implementation of cross-border QRIS between Indonesia and the two territories.\n\nUnder the agreement, the two central banks will explore the potential for cross-border QRIS payments between Indonesia and Timor-Leste, as well as between Indonesia and Hong Kong, during the festival and expo. BI also plans to work with the Hong Kong Monetary Authority on payment connectivity and stronger institutional ties between the two countries.",
  "summary": "From the launch of cross-border QRIS in 2022 through July 2026, users from partner countries made 21 million inbound transactions in Indonesia worth Rp 5.9 trillion ($329.3 million), BI data show.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
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        "url": "https://urgent.news/2026/09/25/sensitive-looking-stealth-components-diverted-to-hong-kong-during-u-s",
        "published": "2026-09-25T07:45:00.000Z"
      },
      {
        "outlet": "Daily Post Nigeria",
        "title": "Like Nigeria’s Blue Silks, Hong Kong non-litigation lawyers to get Senior Counsel rank",
        "url": "https://urgent.news/2026/09/25/like-nigerias-blue-silks-hong-kong-non-litigation-lawyers-to-get",
        "published": "2026-09-25T11:03:31.000Z"
      },
      {
        "outlet": "South China Morning Post - Hong Kong",
        "title": "How Hong Kong companies are evolving with the times",
        "url": "https://urgent.news/2026/09/26/how-hong-kong-companies-are-evolving-with-the-times",
        "published": "2026-09-26T03:08:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}