Singapore looks into common QR code for cashless payments
MAS says industry taskforce may, by year's end, be ready to implement universally-accepted code for fast, easy payments with smartphones
Add BT as a preferred source
Angela Tan
Singapore
BY the end of this year, Singapore may have a common quick-response (QR) code through which users can make payments by just scanning those squiggly squares with their smartphones.
A successor to the vertical bar code, a common QR code promises to bring Singapore closer to its dream of becoming a Smart Nation - one where cashless payments are embraced by both young and old.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
