KUALA LUMPUR: The central banks of Malaysia and Cambodia have launched a cross-border QR payment linkage between the two countries, allowing consumers and merchants to make and receive instant retail payments through mobile applications.
"The QR payment linkage initiative will enable over 5 million merchants in Cambodia and Malaysia, mostly small businesses, to access a wider customer base from both countries," Bank Negara Malaysia and the National Bank of Cambodia said in a joint statement.
