Malaysia, Singapore launch cross-border QR code payment link
Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus says the QR linkage between Malaysia and Singapore is a ‘significant step forward in realising the vision of an Asean network of fast, efficient and interconnected retail payment systems’. – The Malaysian Insight file pic, March 31, 2023.
BNM said the DuitNow-NETS QR code payment linkage is a key milestone in the ongoing collaboration between Malaysia and Singapore to enhance cross-border payment connectivity. “It will also boost retail businesses in both countries. We will continue to work closely with our partners to accelerate our digitalisation agenda towards increased regional economic and financial integration.”
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