Central banks of Indonesia and Singapore start trial on cross-border QR code payments

JAKARTA (Reuters) – Indonesia’s central bank said on Thursday it had started a trial of cross-border QR code payments with its Singaporean counterpart.

Both have set a target of introducing the system in the second half of this year, according to an earlier statement from Singapore’s central bank.

(Reporting by Stefanno Sulaiman; Editing by Martin Petty)