In a recent development on September 11, 2025, UnionPay International (UPI) disclosed its partnership with collaborators to introduce a trial run of cross-border QR payment connectivity between China and Indonesia. This initiative, overseen by the respective central banks of both nations, was unveiled at a launch event held in Beijing on September 12, 2025. This milestone signifies a significant step towards enhancing financial transactions between China and Indonesia, showcasing the potential for seamless cross-border payments.