Cross-border QR Payments between Malaysia, Thailand and Indonesia Now Live

KUALA LUMPUR, Cross-border QR Payments between Malaysia-Thailand and Malaysia-Indonesia are now available, enabling convenient instant payments using just mobile phones.

Further to the joint announcement between central banks of Malaysia and Thailand in June 2021, and the joint announcement between the central banks of Malaysia and Indonesia on 27 January 2022, Payments Network Malaysia Sdn Bhd (PayNet) is pleased to announce:

• the linkage with Thailand’s National ITMX has been completed and QR payments is now interoperable between both countries. Travelers between Malaysia and Thailand can opt to make e-payments using their respective home country’s interoperable QRs at participating merchants; and

• in partnership with ALTO, ARTAJASA, JALIN & RINTIS, Cross-Border QR payments between Malaysia and Indonesia is now live and interoperable between both countries. Similarly, the linkage between DuitNow QR and Quick Response Code Indonesian Standard (QRIS) will allow travelers between Malaysia and Indonesia to make instant e-payments at participating merchants.

Source: NAM News Network