Enabling innovation in digital payment

(From left) Hung, Wanna, Goh, Schiesser and Abraham at the MoU signing ceremony.

LEADING Asian payment system operators have signed a memorandum of understanding (MoU) to enable real-time cross-border payments by connecting their respective payment infrastructures.

The signatories are members of the Asian Payment Network (APN) – Payments Network Malaysia Sdn Bhd (Paynet), National ITMX Co Ltd (ITMX) of Thailand, National Payment Corporation of Vietnam (Napas), Network for Electronic Transfers (Singapore) Pte Ltd (NETS) and PT Rintis Sejahtera (Rintis) of Indonesia.