"Good growth in utilisation" of cross-border payment links, more transactions expected: MAS
Singapore's central bank says it has seen "good growth" in the use of cross-border payment links, such as QR code payments or PayNow transfers to recipients in different countries. It expects to see higher value and volume of transactions along with a rise in tourism. Nadirah Zaidi speaks to some businesses on what this means for them.
Singapore's central bank says it has seen "good growth" in the use of cross-border payment links, such as QR code payments or PayNow transfers to recipients in different countries. It expects to see higher value and volume of transactions along with a rise in tourism. Nadirah Zaidi speaks to some businesses on what this means for them.