PayNow, DuitNow linkage
Alipay+ make up 80% of crossborder QR payments in DuitNow
Alipay+ make up 80% of crossborder QR payments in DuitNow
Revenue from such payments are 6 times higher in 2024 than 2023.
Singapore, Malaysia to link real-time payment systems PayNow, DuitNow
Remittances between the two countries reached S$1.3b in 2020.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
