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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

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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!.

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...

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