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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

Since DBS Bank debuted QR code payments in April and partnered ComfortDelGro cabs to promote QR payments among commuters, the bank has had more than 15,000 transactions a month via DBS PayLah!.


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...