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
Vuong Dinh Hue permitted to cease holding positions, working
The 13th Party Central Committee on April 26 agreed to let Vuong Dinh Hue cease holding the positions of Politburo member, member of the 13th Party Central Committee, and Chairman of the 15th National Assembly (NA) in the 2021 - 2026 tenure.
See more
ASEAN
ASEAN Future Forum 2024 wraps up in Hanoi
The ASEAN Future Forum 2024 (AFF 2024) wrapped up in Hanoi on April 23 after a day of productive discussions.
ASEAN
ASEAN Future Forum 2024 looks to ensure comprehensive security for community
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
ASEAN
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN
Canada, ASEAN consolidate climate change response, economic cooperation
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN
ASEAN youth empowered to unleash potential: ASEAN chief
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
