✉news BusinessBanking first seen 16 h ago, last 1 h ago, peak #19

Hong Kong and Indonesia Expand Cross-Border QR Payment Cooperation

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

The central banks of Hong Kong and Indonesia are deepening cooperation on cross-border QR code payments, aiming to make retail payments between the two economies faster and more interconnected. The move fits a broader regional push, led by Southeast Asian regulators, to link national payment systems and reduce reliance on traditional correspondent banking channels for everyday transactions.

Why now: Regional central banks are actively integrating payment systems, and each new cross-border linkage draws attention from the finance industry.

Hong Kong Monetary AuthorityBank IndonesiaHong KongIndonesia

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• Hong Kong, Indonesia Central Banks Deepen Cooperation On Cross-Border QR Payments · Crowdfund Insider

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