NETS QR
Indonesia-Malaysia Cross-Border QR Payment Further Strengthens Regional Payment Connectivity in ASEAN
Aims to promote faster, cheaper, more transparent, and more inclusive cross-border payments, particularly benefiting micro, small, and medium enterprises.
Expected to strengthen economic ties between Indonesia and Malaysia, support a stronger post-pandemic economic recovery, and provide greater convenience for travelers.
Payments Council endorses Singapore Quick Response Code specifications for electronic payments
Accepts electronic payments by both domestic and international payment schemes, e-wallets, and banks.