Thailand, Singapore launch linkage of real-time payment systems


Image from The Straits Times/ANN

BANGKOK, April 29 (Xinhua): The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) on Thursday launched a linkage of Thailand's PromptPay and Singapore's PayNow real-time retail payment systems.

Calling it "the first of its kind globally," a joint statement by the two sides said the linkage came following several years of collaboration between the BOT and MAS, both countries' payment system operators, bankers' associations and banks.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Boris Becker to be discharged from bankruptcy - lawyer
Soccer-FIFA signs four year worldwide partnership deal with Saudi Aramco
KKB by-election: Perikatan names Khairul Azhari Saut as candidate
Soccer-Female refereeing team to take charge of Serie A game for first time
Harvey Weinstein's rape conviction is overturned by top New York court
Asean News Headlines at 10pm on Thursday (April 25, 2024)
Pakistan’s ‘horror zoo’ reborn as rehab centre for abused wildlife
Critically endangered Raffles’ banded langur spotted on Singapore's Eco-Link for the first time
Bomb squad rushed to KLIA after 'explosive' laptop found
Indonesian authorities keep tabs on two villages despite lower eruption alert on Mount Ruang

Others Also Read