Malaysia and Cambodia launch cross-border QR payments connectivity

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Malaysia and Cambodia launch cross-border QR payments connectivity
MalaysiaCross Border Payments
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KUALA LUMPUR: The central banks of Malaysia and Cambodia have launched a cross-border QR payment linkage between the two countries, allowing consumers and merchants to make and receive instant retail payments through mobile applications.

Under the first phase, users from Cambodia can make instant retail payments in Malaysia by scanning DuitNow QR codes displayed by merchants using their mobile payment applications . The QR payment linkage initiative will enable over five million merchants in Cambodia and Malaysia, mostly small businesses, to access a wider customer base from both countries.

"By linking the national QR codes, cross-border transactions between our two countries will be faster and more efficient, offering significant benefits to millions of individuals and businesses in both countries.

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Malaysia Cross Border Payments

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