Apart from buyers, the existence of QRIS also turns out to have several advantages for shops/merchants, you know! For businesses or shops/merchants who have yet to use QRIS, let's read the advantages of using QRIS for merchants here so that your business transactions can run smoother with QRIS.
Advantages of using QRIS for merchants
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Increase sales potential
Using QRIS, potential sales can increase because the transaction process is faster, and the number of transactions can increase. With a faster payment process, transaction time is reduced, and more transactions can be made. For example, in one hour, a shop/merchant can serve an average of 30 transactions using cash, when using QRIS, the transactions that can be made are 40-60, meaning that the time required for each transaction is faster and more transactions are made. It will ultimately increase sales potential.
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Practical with just one QR code
QRIS also helps merchants provide easy payment options because merchants only need one QR code that can be used for various sources of funds, both accounts and electronic money (e-wallet). That way, buyers will also find it easier to make payments without choosing which account or e-wallet to use.
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Cheaper
Transactions with QRIS are also cheaper than other payment methods, such as debit and credit cards. Currently, micro-businesses (UMI) are only subject to a merchant discount rate (MDR) of 0.3%, cheaper than debit and credit
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Avoid counterfeit money, and transactions are carried out safely
The fourth advantage of using QRIS is that shops/merchants can avoid the circulation of counterfeit money. Irresponsible buyers often carry out fraudulent transactions using counterfeit money and cause store losses. With transactions using QRIS, shops/merchants no longer have to worry about becoming victims of counterfeit money circulation because transactions will go directly to the shop/merchant's account. Funds that go into shop/merchant accounts are also safe because they are stored in accounts with high-security standards.
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Help record all transactions
The advantage of using QRIS for the fifth store/merchant is to help record all transactions. All QRIS transactions will be automatically recorded entirely and can be accessed in real-time. This can help prevent fraud from accounting for cash transactions. In addition, as a shop/merchant owner, you can use this transaction history data for future business strategies.
Sources :
QRIS MDR Evaluation Communication Guide to Micro Business Merchants