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✉news BusinessBanking first seen 2 h ago, last 11 min ago, peak #19

Hong Kong and Indonesia Deepen Cross-Border QR Payment Ties

Original: Hong Kong, Indonesia Central Banks Deepen Cooperation On Cross-Border QR Payments

The central banks of Hong Kong and Indonesia are expanding cooperation on cross-border QR code payments, aiming to make retail payments between the two economies more seamless. The move supports wider efforts in Asia to link national payment systems, allowing residents and businesses to pay across borders quickly and at lower cost.

Why now: Regional central banks are actively linking payment systems, and this partnership advances cross-border financial integration in Asia.

Hong Kong Monetary AuthorityBank IndonesiaHong KongIndonesia

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