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Hong Kong and Indonesia Deepen Cross-Border QR Payment Cooperation

Original: Hong Kong, Indonesia Central Banks Deepen Cooperation On Cross-Border QR Payments

The central banks of Hong Kong and Indonesia are expanding cooperation on cross-border QR code payments, allowing residents of each jurisdiction to make payments more easily when visiting the other. The move is part of a broader push across Asia to link national payment systems and reduce reliance on card networks and cash for travel and remittances.

Why now: Regional central banks are actively linking payment systems, and each new agreement signals accelerating financial integration in Asia.

Hong Kong Monetary AuthorityBank IndonesiaHong KongIndonesia

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• Hong Kong, Indonesia Central Banks Deepen Cooperation On Cross-Border QR Payments · Crowdfund Insider

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