Tagged: payment linkage

Fintech: Singapore and Malaysia Launch Cross-Border Payment Linkage

November 18, 2023 @ 5:52 pm By Michael Wong |

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly introduced a real-time payment systems linkage connecting Singapore’s PayNow and Malaysia’s DuitNow. This initiative builds upon the earlier QR payment linkage announced on March 31, 2023, facilitating cross-border QR payments to merchants…. Read More

Read more in: Asia, Blockchain & Digital Assets, Fintech, Politics, Legal & Regulation | Tagged cross-border payment, fintech, malaysia, payment linkage, payments, singapore

Cross-Border QR Payment Linkage Launched by Bank Indonesia and Bank Negara Malaysia

January 28, 2022 @ 7:10 pm By Omar Faridi |

Bank Indonesia (BI) and Bank Negara Malaysia (BNM) announced on January 27, 2022 that they’ve launched a cross-border QR payment linkage. It will “enable instant, secure and efficient cross-border payments between Indonesia and Malaysia.” Via this linkage, consumers in both nations will be able to… Read More

Read more in: Asia, Fintech | Tagged bank indonesia, bank negara, cross-border payments, digital payments, digital transactions, indonesia, malaysia, payment linkage, payments, qr payments, southeast asia, virtual payments