SINGAPORE -- The central banks of Singapore and Malaysia have linked the countries' smartphone QR code payment systems to allow for cross-border transactions, with plans to begin person-to-person remittance services by the end of 2023.
Finance
Singapore and Malaysia link widely used QR code payment systems
Move simplifies cross-border in-person and online transactions
QR code payment services are popular in Southeast Asia, where many people do not have credit cards. (Photo by Fumika Sato)
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