Indonesia Expands QR Payment System to Increase Chinese Spending

Indonesia is expanding its use of a payment system that is popular in China as a way for Chinese tourists to spend easily at even the smallest shops.

The expanded payment system employs QR codes. Although it is primarily aimed at developing regional interconnectivity with other Southeast Asian nations, it plays into Indonesia’s effort to attract Chinese tourists. The central Bank Indonesia is expanding its QR payment system to include Chinese banks as well as banks in Japan and South Korea, two other tourist…