Cross-border QR payment linkage pilot launched between China and Indonesia

UnionPay International, along with partners, has initiated a pilot launch of a new cross-border QR payment system between China and Indonesia. This cross-border QR payment linkage is being carried out under the supervision of the central banks of the two nations. In Beijing, the pilot was launched with a transaction demonstration in Beijing using an Indonesian mobile payment application. Simultaneously, in Jakarta, a select group of users “successfully” completed transactions through the UnionPay App an ...