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"Good growth in utilisation" of cross-border payment links, more transactions expected: MAS

03:09 Min

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.

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