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Indonesia is expanding its use of a payment system that is popular in China as a way for Chinese tourists to spend easily at even the smallest shops. The expanded payment system employs QR codes. Although it is primarily aimed at developing regional interconnectivity with other Southeast Asian nations, it plays into Indonesia’s effort to…
Mastercard will be able to issue branded bank cards and run an independent payment information exchange network for fund settlements and transactions in China following the approval.
The ubiquity QR code mobile payment in Asia Pacific is not novel, but in recent years, the method prompted higher uptakes and is increasingly used as a strategy to lax dependence on the US. Hana Anandira asked analysts about the drivers of the technology's resurgence.
Talkvietnam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from talkvietnam.com Daily Mail and Mail on Sunday newspapers.
Talkvietnam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from talkvietnam.com Daily Mail and Mail on Sunday newspapers.