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​The major economies of the Association of Southeast Asian Nations — Indonesia, Malaysia, Singapore, Thailand, Vietnam and the Philippines — are linking their QRs for the 18 million intra-regional tourists who spend around $19 billion annually. Assuming that it is able to capture 15% to 20% of transactions, ASEAN QR would facilitate $4 billion in consumer expenditure and inspire the rest of the world, according to the Boston Consulting Group.

Republic ofUnited statesMasahiro haraDenso wave incAssociation of southeast asian nationsMastercard incVisa incBoston consulting groupDenso waveLatin americaSoutheast asiaSoutheast asian nationsBoston consultingNorth americaHawkers go digitalQr code