On September 11, 2025, UnionPay International (UPI), in collaboration with its partners, announced the pilot launch of cross-border QR payment linkage between China and Indonesia under the guidance of the two central banks. The initiative aims to facilitate seamless payment transactions between the two countries, promoting financial inclusivity and convenience for users. By leveraging QR code technology, the pilot program seeks to enhance cross-border payment efficiency and reduce transaction costs for businesses and consumers alike.
Pilot of Cross-Border QR Payment Linkage Launched between China and Indonesia
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