Enhanced SGQR+ payment scheme to expand in Singapore and internationally

Quick Summary:

Through Nets, merchants can now access 17 other local and international payment options.

The islandwide rollout, to be completed by second quarter of 2025, will have three new issuers – Singapore-based payment solutions firm dtcpay, digital bank MariBank and Maybank.

SINGAPORE - The enhanced Singapore Quick Response Code Scheme (SGQR+) is going further, with local and overseas merchants standing to gain from the improvements.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Payment Local Merchants Customer Group Scheme Sgqr+ Singapore Nets Digital Payments

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 14:55:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 793 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23458233

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 19 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

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Publisher ID: #25

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