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Indonesia, Singapore to fully connect payment systems next year

augustus 30, 2022by Reacties uitgeschakeld voor Indonesia, Singapore to fully connect payment systems next year

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JAKARTA, Aug. 30 (Xinhua) — Indonesia’s central bank, Bank Indonesia, said Tuesday that the country would see its payment system to be fully connected to Singapore’s starting 2023 through its Intercountry Quick Response Indonesia Standard (QRIS) code.

The connection facilitates users in doing retail payments instantly, safely and efficiently by scanning Indonesia’s QRIS or Singapore’s QR NETS displayed by merch

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