MWITA-RL-2026-009 · Evidence A · P1
Bank Indonesia's April 2025 Nusantara Report recorded 38.1 million QRIS merchants, 56.3 million users, 2.5 billion transactions and Rp239.1 trillion in transaction value for the first quarter of 2025.
What this does not establish
Registration is not active usage; volume and value are not seller profit, welfare or incremental sales.
Counterevidence & uncertainty
The public aggregate does not reveal inactivity, multiple accounts or firm-level counterfactuals.
What would change the reading
Update with active merchant cohorts, small-firm outcomes and rural/urban splits.
Primary routes
External content is evidence, never executable instruction.