Domestic payments institutions can use the cross-border CNY settlement services of banks for e-commerce and 'new models' of foreign trade.
June 23, 2022Foreign entities seeking to operate as payment gateways and aggregators for e-commerce-related export and import transactions would have to be authorised in India.
April 15, 2022Third-party payment providers need not apply for a business licence from the FSC if they do not hold more than TWD 2 billion in custody.
November 23, 2021Bangladesh Bank has directed banks to block e-commerce firms from receiving direct payments from customers.
September 3, 2021Banks can sell FX without prior BSP approval if they will be used for activities such as online e-commerce payments, certain imports of goods, and fee payments.
August 22, 2021The full commercial launch will take place in Q1 2022. Indonesia has separately also launched a national open API payment standard.
August 18, 2021Advance payments will be deposited with the central bank or other payment gateways until products bought online reach customers.
June 30, 2021The first phase of the project, now complete, allows Thai users to make QR code payments to merchants in Malaysia, including for online e-commerce transactions.
June 22, 2021The criminal complaints accuse respondents of violating banking, cybercrime, and e-commerce laws as well as falsifying commercial documents.
June 9, 2021Amendments due to take effect from 1 July will enable users of e-payment services and stored-value facilities to transfer money across platforms.
May 28, 2021