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Economy 3 years ago
PREMIUM
Three payment evolutions as Indonesia goes cashless
Indonesia’s financial services industry is experiencing accelerated digitization. Bank Indonesia (BI) and entities such as the Indonesian Payment System Association (ASPI) are behind major developments in the non-cash payments sector, aimed at driving financial inclusion at large.
Regulations 3 years ago
PREMIUM
ASEAN-5 expand QR-code payments to benefit MSMEs, migrant workers
Central banks from five ASEAN member states have inked a memorandum of understanding (MoU) on regional cross-border payments between countries, in a move that will bring multiplier effects to people and businesses within the region.
Asia & Pacific 3 years ago
Myanmar discussing with Russia use of Mir card for payments
Myanmar has faced social and economic collapse since a military coup early last year, and the move to adopt the Russian payment system comes as the increasingly isolated junta struggles to maintain foreign exchange reserves and stabilise its currency and inflation rate.
