Singapore: Opened consultation on MAS Proof of Concept to Enhance Interoperability for QR Payments
Description
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…
Scope
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank