Thailand, Malaysia launch cross-border QR payment linkage
The central banks of Thailand and Malaysia launched a cross-border QR payment linkage to enable consumers and merchants in both countries to make and receive instant QR code payments.
Illustrative image (Photo: Reuters)Bangkok (VNA) - The central banks of Thailand and Malaysia launched a cross-border QR payment linkage to enable consumers and merchants in both countries
to make and receive instant QR code payments.
The move is the first phase in linking the real-time retail
payment systems of Malaysia’s RPP/DuitNow and Thailand’s PromptPay.
Users in Thailand can now use mobile payment apps to scan
DuitNow QR codes to make payments for merchants in Malaysia.
In the second phase,
expected in the fourth quarter of 2021, users in Malaysia can do the same with
Thailand.
The final phase, scheduled for the fourth quarter of 2020, will allow both parties to carry
out real-time fund transfers./.
You should also see
Top Vietnamese, Bangladeshi legislators hold talks
National Assembly Chairman Vuong Dinh Hue held talks with Speaker of Jatiya Sangsad (Parliament) of Bangladesh Shirin Sharmin Chaudhury in Dhaka on September 21, following the welcome ceremony.
See more
World
Thailand to borrow over 66 billion USD for fiscal year 2024
The Thai government plans to borrow about 2.4 trillion THB (nearly 66.65 billion USD) for the 2024 fiscal year starting October 1, up about 9% from the current year, according to market sources briefed by the Ministry of Finance.
ASEAN
ASEAN forum on handling disinformation on cyberspace held in Da Nang
The Vietnamese Ministry of Information and Communications held the ASEAN regional forum on tackling disinformation on cyberspace in the central city of Da Nang on September 19, within the framework of the 16th Conference of ASEAN Ministers Responsible for Information (AMRI).
ASEAN
ASEAN troops launch joint maritime drills
A joint military exercise of members of the Association of Southeast Asian Nations (ASEAN), called ASEAN Solidarity Exercise Natuna (ASEX 01 – Natuna) officially kicked off on September 19 in Batam city of Indonesia.
World
Air pollution shortens Thais' lifespan by 1.8 years: report
More than 90% of the population in Thailand are living in poorer air conditions than the safety standard set out by the World Health Organisation (WHO) and this condition can shorten the average lifespan of Thais by 1.8 years, according to a report by Air Quality Life Index.
ASEAN
Thailand logs 19 million foreign arrivals so far
Thailand posted 19 million foreign tourists between January and September 17, generating 795 billion THB (22.26 billion USD) in revenue.
