This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launched by the Monetary Authority of Singapore and Bank ...
Across Malaysia, e-commerce moves at the speed of a swipe. Consumers research, browse, and pay on smartphones while ...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have partnered to announce QR codes for payments will now be accepted bilaterally. Users at participating financial firms will ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Building on that, the two sides will strive to enable the acceptance of ...
QR codes are heavily used in Asia and other parts of the world, but they haven't yet caught on as readily in the U.S. for payments. That's slowly changing, and industry experts say banks should pay ...
UnionPay International (UPI) has joined forces with Bank Simpanan Nasional (BSN) to introduce the UnionPay QR payment system in Malaysia in the first half of this year. As part of this move, BSN will ...
KUALA LUMPUR, March 26 — Malaysian businesses are experiencing a significant rise in QR payments among travellers thanks to cross-border QR payment arrangements enabled via DuitNow QR. Since Payments ...
Bank Negara Malaysia (BNM) and the Bank of Thailand (BoT) recently revealed that they’ve introduced a cross-border QR payment linkage between the two countries. Under this linkage, both consumers and ...
JAKARTA, May 8 (Reuters) - Central banks of Indonesia (BI) and Malaysia launched on Monday an agreement on the cross-border use of quick response (QR) code based payments, Indonesian officials said.
QR codes transformed the finance sector through the convenience and easy access they provide. Merchants and consumers can easily transact and pay with just one smartphone scan. The upgraded payment ...
Since the COVID-19 pandemic began in 2020 and social distancing became a common practice, contactless forms of payments have taken off in popularity. Some contactless payments use QR codes that ...
BANGKOK, June 18 (Reuters) - The central banks of Thailand and Malaysia launched on Friday a cross-border QR (Quick Response) payment linkage to enable consumers and merchants in both countries to ...