Indonesia and South Korea have agreed to connect payment systems through QR codes by signing a memorandum of understanding between Bank Indonesia (BI) and the Bank of Korea (BoK).
This agreement aims to accelerate cooperation on cross-border payments using QR codes, such as Indonesia’s QRIS standard and South Korea’s QR code system.
The initiative is expected to simplify transactions between citizens of both countries, boost the digital economy, and support the G20’s roadmap for improving cross-border payments.
Translated from the original article by BALICHATEXCHANGE
You can add one right now!