KUALA LUMPUR, Dec 29 (Bernama) -- Cross-border QR Payments between Malaysia and Thailand is now available for travellers from both countries, enabling convenient instant payments using just their mobile phones.
Further to the joint announcement between central banks of both countries in June 2021, 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. Travellers between Malaysia and Thailand can opt to make e-payments using their respective home country’s interoperable QRs at participating merchants. Paving the way for this collaboration to materialise is Public Bank Berhad, which became the first Malaysian bank together with Razer Merchant Services as the first merchant acquirer provider to participate in the linkage as well as Kasikornbank and Siam Commercial Bank from Thailand. More banks and merchant acquirer in both countries are expected to participate in the coming months. Malaysians travelling to Thailand can make payments at participating merchants in Thailand by simply launching the mobile banking or eWallet app to scan merchants’ QR code. Conversely, visitors from Thailand to Malaysia can do the same by scanning DuitNow QR standees to make payments at any participating merchants in Malaysia. mrem.bernama.com/viewsm.php?idm=42049
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