💃Visa expands cross-border QR payment options in Asia

💃Visa expands cross-border QR payment options in Asia

📱Visa is strategically partnering to launch a cross-border QR payment pilot program in Singapore🇸🇬, with plans to expand across Asia by 2025.

🔄 Key Integrations: Visa has teamed up with leading QR payment providers such as Lakala (Mainland China🇨🇳), Touch 'n Go Digital (Malaysia🇲🇾), FOMO Pay (Singapore🇸🇬), LINE Pay (Taiwan🇹🇼), and VNPay and Zalopay(Vietnam🇻🇳).

🔄 Juspay🇮🇳, an Indian company specializing in payment solutions, is also supporting the initiative with technical and logistical assistance.

🔄 Key Insight: A Visa study reveals that, while cards remain the most preferred payment method in Southeast Asia, QR payments via digital wallets are rapidly gaining popularity, now ranking as the second most preferred option.

#news #Asia

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