JAKARTA -- Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to promote use of local currencies and reduce dependence on the U.S. dollar.
Economy
Vietnam, Philippines and Brunei to join cross-border QR payment scheme
ASEAN-wide arrangement would ease reliance on U.S. dollar
A Jakarta shopping district. The cross-border QR code payment arrangement will make it easier for Southeast Asians to pay for items in other countries in the region. © Reuters
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