Indonesia: Indonesia - Singapore Cross-border QR Payments Linkage
Progress
Current status
in force
17 Nov 2023 in force
Scope
Implementers
Indonesia
Singapore
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
bi- or plurilateral agreement
Timeline of events
Adopted Indonesia - Singapore cross-border QR payments linkage
On 17 November 2023, the Monetary Authority of Singapore (MAS) and Bank Indonesia (BI) have jointly launched the cross-border qr payments linkage initiative. This linkage enables customers of participating financial institutions to make cross-borde…
SourceEvent type
declaration
Action type
implementation
Government branch
executive
Government body
central bank