More than 100,000 apply for QR code to travel in Yangon

More than 100,000 have applied for the QR pass code in Yangon, which allows the holder to travel from one township to another amid a region-wide stayhome order. The QR code is issued only for businesses and there are more than hundreds of thousands of applicants to date, said U Aye Win, general secretary of […]

Thai banks spread QR code in Asean

Thailand is set to kick off cross-border payment via QR code technology in Asean by mid-year, aiming to enhance financial transactions through the digital platform across the region. Digital payments between Thailand and Singapore and Cambodia are expected to begin in the middle of the year, said Siritida Panomwon Na Ayudhya, assistant governor for payment […]

CBM to approve QR code payment transactions soon

Digital payments using QR codes will be introduced to Myanmar as soon as the framework for such payments are ready. Shanghai-based financial services company UnionPay International’s (UPI) QR code system accessible through mobile phones would be made available when the Central Bank of Myanmar (CBM) makes the official announcement. UPI operates as a subsidiary of […]