DANA Launches QRIS TTS

Touchless transactions using QRIS as the National QR code standard in Indonesia continue to increase and show the community's increasingly strong digital transaction culture.

Bank Indonesia together with the Indonesian Payment System Association (ASPI) has inaugurated QRIS Transfer, Cash Withdrawal, and Cash Deposit (QRIS TTS) through the soft launching of QRIS TTS in Nusa Dua, Bali (25/11/2022).

DANA was selected by Bank Indonesia and ASPI as one of the digital wallets representing non-bank Financial Service Providers (PJP) to be a participant in the QRIS TTS launching demo.

QRIS TTS is a new innovation of QRIS that will make it easier for users to withdraw cash and deposit simply by scanning the QRIS code through the merchant. With this feature, users can receive cash from merchants with the same denomination as the withdrawal transaction in their account. They can also deposit an amount of money to the merchant as a savings transaction to their account.

This new QRIS TTS innovation by Bank Indonesia makes it easier for users to make cash withdrawal and cash deposit transactions just by scanning the QRIS code available at QRIS merchant partners.

While through QRIS transfer, users can also easily transfer between PJPs, simply by scanning the QRIS code on each user's PJP application.

At the launch event yesterday, the Governor of Bank Indonesia, Perry Warjiyo, through the DANA application has successfully received money from ASPI's General Manager, Bapak Santoso, by simply showing the QRIS on the DANA application, which is then scanned by the BCA mobile banking application.

This shows that QRIS TTS offers faster procedures, digital transactions that are easier to reach, and paves the way for the community to enter the digital ecosystem.

With the launch of this system, DANA is encouraging and integrating existing financial institutions into the new digital economy, in order to provide a positive impact and improve the well-being of the community.

CEO & Co-Founder of DANA Indonesia Vince Iswara said, with the launch of this system, DANA is encouraging and integrating existing financial institutions into the new digital economy, in order to provide a positive impact and improve the well-being of the community.

"DANA's active participation also shows DANA's readiness and full support to support the implementation of QRIS TTS in Indonesia," said Vince through his official release (28/11/2022).

DANA will continue to maximize efforts to develop digital infrastructure in the community considering that digitalization plays an important role in restoring and encouraging stable economic growth considering that digitalization plays an important role in restoring and encouraging stable economic growth.

The QRIS TTS transaction through the DANA application is proof of the company's commitment as a technology company in providing sustainable benefits to the Indonesian economy in order to support the Inclusive Financial National Strategy (SNKI) and the Indonesian Payment System Blueprint (BSPI 2025) published by Bank Indonesia.

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