QRIS expands to Malaysia in push for cross-border payments Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
(Image: Bloomberg) Bank Negara Malaysia (BNM) has announced the commercial launch of the cross-border QR payment linkage between Malaysia and Indonesia,
Over half of Indonesia's merchants will be able to process UnionPay mobile payments JAKARTA, Indonesia, Nov. 18, 2022 /PRNewswire/ UnionPay International (UPI) today announced that it has signed a collaboration agreement with Bank Negara Indonesia (BNI). With the partnership, all BNI merchant customers will accept UnionPay card payments and UnionPay Mobile QuickPass service. Furthermore, a majority of Indonesia's e-commerce platforms will be connected to the UnionPay card network. As a result, UnionPay's merchant acceptance coverage in Indonesia will reach 95%, with over half of being able to accept UnionPay mobile payments. President of China UnionPay Cai Jianbo and BNI Director Corina Leyla Karnalies attended the signing ceremony virtually. Since the COVID-19 outbreak, UPI has continued to enhance the quality of its services with a focus on widening and strengthening UnionPay's global payment network. In addition to expanding its services in lifestyle and transport