Singapore: MAS enhancement of interoperability for QR payments through SGQR+
Progress
Current status
processing consultation
30 Nov 2023 processing consultation
01 Nov 2023 in consultation
Scope
Implementers
Singapore
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Closed consultation on MAS Proof of Concept to Enhance Interoperability for QR Payments
On 30 November 2023, the Monetary Authority of Singapore (MAS) closed the public consultation on the proof of concept (POC) regarding the interoperable Singapore Quick Response Code Scheme (SGQR+). The MAS aims at improving the already established S…
Event type
order
Action type
consultation closed
Government branch
executive
Government body
central bank
Opened consultation on MAS Proof of Concept to Enhance Interoperability for QR Payments
On 1 November 2023, the Monetary Authority of Singapore (MAS) opened a public consultation on the proof of concept (POC) regarding the interoperable Singapore Quick Response Code Scheme (SGQR+) until 30 November 2023. The MAS aims at improving the a…
Event type
order
Action type
consultation opened
Government branch
executive
Government body
central bank