Merchant acquirers will have to remove all proprietary static QR code payment labels. A new fee model will be introduced for SGQR members.
September 28, 2022The Association of Banks in Singapore, support by MAS, is offering incentives to encourage uptake and usage of peer-to-peer funds transfer service PayNow.
April 10, 2020The Association of Banks in Singapore is trying to increase the convenience of peer-to-peer funds transfer service PayNow and make it "the ubiquitous payment mode in Singapore".
November 12, 2019Singapore payment services provider NETS Group is helping the Myanmar Payment Union develop a unified e-payment system modelled after the SGQR.
April 30, 2019The SGQR combines multiple payment QR codes into a single SGQR label, to be rolled out across Singapore over the next six months.
September 18, 2018New payment system connects banks and stored-value facility operators to enable instant payments in Hong Kong dollar and renminbi.
September 18, 2018