China-Indonesia Cross-Border QR Payment Linkage Fully Launched, Achieving Nationwide Coverage

SHANGHAI, CHINA - Media OutReach Newswire - 15 June 2026 - On June 11, the People's Bank of China (PBOC) and Bank Indonesia held the Second Governors' Meeting of the Joint Work Program in Shanghai, announcing a series of financial cooperation outcomes. The China-Indonesia cross-border QR payment linkage was officially launched in the presence of the governors of both central banks. With this milestone, the number of UnionPay QR merchants outside the Chinese mainland has surpassed 46 million. In