KB Kookmin Bank Launches QR Payment Service in Indonesia

KB Kookmin Bank is expanding its QR payment service throughout Indonesia, intensifying its efforts in the local easy payment market.

Since May 1, KB Kookmin Bank has been offering the cross-border QR payment service, known as the 'KB Star Banking Overseas Payment Service,' across Indonesia.

This cross-border QR payment service connects domestic financial institutions with overseas payment agencies through the Financial Payment Agency, enabling QR payments via financial applications in both countries.

Last October, KB Kookmin Bank demonstrated the QR payment service between the two countries at the '2025 Indonesia Digital Finance Festival (FEKDI).'

With this service expansion, customers can use the KB Star Banking app to make payments at over 32 million merchants across Indonesia.

Notably, KB Kookmin Bank has established a direct link to Indonesia's national QR payment network, QRIS, based on the Financial Payment Agency's payment infrastructure, allowing local currency transactions without double currency conversion. This development reduces customer fees and enhances payment convenience. QRIS is Indonesia's national standard QR code payment system, developed in collaboration with the payment service industry and introduced by the central bank in 2019.

A KB Kookmin Bank official stated, "Through this service expansion, we have improved accessibility and convenience for customers to make payments abroad in a familiar way. We will continue to expand our global payment infrastructure to provide better financial services."