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Quick Response Code Indonesia Standard
Quick Response Code Indonesia Standard (abbreviated as QRIS, the abbreviation being a play on keris, a traditional sword) is a QR code standard developed by Bank Indonesia (BI) and Indonesian Payment System Association for cashless payments in Indonesia. History Before Bank Indonesia (BI) applied the standard, QR codes used by mobile payment services were exclusive to themselves; a QR code issued by one service cannot be used by another. On 16 August 2019, by the ratification of Board of Governor Decree No. 21/18/PADG/2019 on the Implementation of Quick Response Code National Standard for Payment Purpose, BI announced integration of cashless payment methods and services. This standard, named ''Quick Response Code Indonesia Standard'' (QRIS), was launched on the 74th anniversary of Indonesia's Independence Day. Payment services were required to implement QRIS by 1 January 2020. During the start of COVID-19 pandemic in Indonesia The COVID-19 pandemic in Indonesia is part of ...
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QRIS Logo
Quick Response Code Indonesia Standard (abbreviated as QRIS, the abbreviation being a play on kris, keris, a traditional sword; id, Kode QR Standar Indonesia) is a QR code standard developed by Bank Indonesia (BI) and Indonesian Payment System Association for cashless payments in Indonesia. History Before Bank Indonesia (BI) applied the standard, QR codes used by mobile payment services were exclusive to themselves; a QR code issued by one service could not be used by another. On 16 August 2019, by the ratification of Board of Governor Decree No. 21/18/PADG/2019 on the Implementation of Quick Response Code National Standard for Payment Purpose, BI announced integration of cashless payment methods and services. This standard, named ''Quick Response Code Indonesia Standard'' (QRIS), was launched on the 74th anniversary of Independence Day (Indonesia), Indonesia's Independence Day. Payment services were required to implement QRIS by 1 January 2020. During the start of COVID-19 pa ...
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Kris
The kris, or ''keris'' in the Indonesian language, is an asymmetrical dagger with distinctive blade-patterning achieved through alternating laminations of iron and nickelous iron (''pamor''). Of Javanese origin, the kris is famous for its distinctive wavy blade, although many have straight blades as well, and is one of the weapons commonly used in the '' pencak silat'' martial art native to Indonesia. A kris can be divided into three parts: blade ( or ), hilt (), and sheath (). Each part of the kris is considered a piece of art, often carved in meticulous detail and made from various materials: metal, precious or rare types of wood, or gold or ivory. A kris's aesthetic value covers the (the form and design of the blade, with around 60 variants), the (the pattern of metal alloy decoration on the blade, with around 250 variants), and referring to the age and origin of a kris. Depending on the quality and historical value of the kris, it can fetch thousands of dollars or more. ...
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QR Code
A QR code (an initialism for quick response code) is a type of Barcode#Matrix (2D) barcodes, matrix barcode (or two-dimensional barcode) invented in 1994 by the Japanese company Denso#Denso Wave, Denso Wave. A barcode is a machine-readable optical label that can contain information about the item to which it is attached. In practice, QR codes often contain data for a locator, identifier, or Website visitor tracking, tracker that points to a website or application. QR codes use four standardized encoding modes (numeric, alphanumeric, byte/binary, and kanji) to store data efficiently; extensions may also be used. The quick response system became popular outside the automotive industry due to its fast readability and greater storage capacity compared to standard Universal Product Code, UPC barcodes. Applications include product tracking, item identification, time tracking, document management, and general marketing. A QR code consists of black squares arranged in a square grid on a ...
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Bank Indonesia
Bank Indonesia (BI) is the central bank of Indonesia, the Republic of Indonesia. It replaced in 1953 the Bank of Java ( nl, De Javasche Bank, DJB), which had been created in 1828 to serve the financial needs of the Dutch East Indies. History Bank of Java King William I of the Netherlands granted the right to create a private bank in the Indies in 1826, which was named . It was founded on 24 January 1828 and later became the bank of issue of the Dutch East Indies. The bank regulated and issued the Netherlands Indies gulden. In 1881, an office of the Bank of Java was opened in Amsterdam. Later followed the opening of an office in New York. By 1930 the bank owned sixteen office branches in the Dutch East Indies: Bandung, Cirebon, Semarang, Yogyakarta, Surakarta, Surabaya, Malang, Kediri, Banda Aceh, Medan, Padang, Palembang, Banjarmasin, Pontianak, Makassar, and Manado. The Bank of Java was operated as a private bank and individuals as well as industries etc. could get help in ...
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Cashless Payment
In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets. Etymology The English word "cash" originally meant "money box", and later came to have a secondary meaning "money". This secondary usage became the sole meaning in the 18th century. The word "cash" derives from the Middle French ''caisse'' ("money box"), which derives from the Old Italian ''cassa'', and ultimately from the Latin ''capsa'' ("box").. History In Western Europe, after the fall of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of money, ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the East Malaysia, eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, an ...
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Independence Day (Indonesia)
The Independence Day of Indonesia (In Indonesian formally known as ''Hari Ulang Tahun Kemerdekaan Republik Indonesia'' shortened "HUT RI", or simply Hari Kemerdekaan, and colloquially referred by the people as ''Tujuhbelasan'', meaning "the Seventeenth") is a national holiday in Indonesia commemorating the anniversary of Indonesia's proclamation of independence on 17 August 1945. It was made a national holiday by government decree in 1946. Ceremonies and festivities are held throughout the country to celebrate this national day, including the flag hoisting ceremony conducted nation-wide and at Indonesian diplomatic installations abroad, local community competitions, with patriotic and cultural parades. Discounts are offered by participating shopping centres or businesses. On 16 August or the last Friday prior to 17 August, the president of Indonesia addresses the nation at the People's Consultative Assembly. On 17 August at 10:00 Western Indonesian Time all Indonesian nationa ...
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COVID-19 Pandemic In Indonesia
The COVID-19 pandemic in Indonesia is part of the ongoing worldwide pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). It was confirmed to have spread to Indonesia on 2 March 2020, after a dance instructor and her mother tested positive for the virus. Both were infected from a Japanese national. By 9 April 2020, the pandemic had spread to all 34 provinces in the country at that time. Jakarta, West Java, and Central Java are the worst-hit provinces, together accounting more than half of the national total cases. On 13 July 2020, the recoveries exceeded active cases for the first time. As of , Indonesia has reported cases, the second highest in Southeast Asia, behind Vietnam. With deaths, Indonesia ranks second in Asia and ninth in the world. Review of data, however, indicated that the number of deaths may be much higher than what has been reported as those who died with acute COVID-19 symptoms but had not been confirm ...
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Counterfeit Money
Counterfeit money is currency produced without the legal sanction of a state or government, usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Producing or using counterfeit money is a form of fraud or forgery, and is illegal. The business of counterfeiting money is nearly as old as money itself: plated copies (known as Fourrées) have been found of Lydia#First coinage, Lydian coins, which are thought to be among the first Western coins. Before the introduction of Banknotes, paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. Another form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions. During World War II, the Nazis Operation Bernhard, forged British pounds and American dollars. Today some of the finest counterfeit banknotes are called ''Superdollars'' because of their high quality and imitation of the real US dollar. T ...
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Digital Currencies
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card. Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical physical form of fiat currency historically that you can directly hold in your hand, like currencies with printed banknotes or minted coins - however they do have a physical form in an unclassical sense coming from the computer to computer and computer to human interactions and the information and processing power of the servers that store and ke ...
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Indonesian Brands
Indonesian is anything of, from, or related to Indonesia, an archipelagic country in Southeast Asia. It may refer to: * Indonesians, citizens of Indonesia ** Native Indonesians, diverse groups of local inhabitants of the archipelago ** Indonesian women, overview of women's history and contemporary situations * Indonesian language (Indonesian: ''Bahasa Indonesia''), the official language of Indonesia ** Indonesian languages, overview of some of the 700 languages spoken in Indonesia ** Indonesian names, customs reflecting the multicultural and polyglot nature of Indonesia * Indonesian culture, a complex of indigenous customs and foreign influences ** Indonesian art, various artistic expressions and artworks in the archipelago ** Indonesian cinema, a struggling and developing industry ** Indonesian literature, literature from Indonesia and Southeast Asia with shared language roots ** Indonesian music, hundreds of forms of traditional and contemporary music ** Indonesian philosophy ...
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Online Payments
An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common forms of payment for e-commerce transactions. As of 2008, in North America, almost 90% of online retail transactions were made with this payment type.Turban, E. King, D. McKay, J. Marshall, P. Lee, J & Vielhand, D. (2008). Electronic Commerce 2008: A Managerial Perspective. London: Pearson Education Ltd. p.550 It is difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Online merchants must comply with stringent rules stipulated by the credit and debit card issuers (e.g. Visa and Mastercard) in accordance with a bank and financial regulation in the countries ...
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