,Singapore

Siam Commercial Bank launches cross-border QR payments in Singapore and Thailand

Singapore merchants can offer promotions and deals through the SCB Easy app.

Siam Commercial Bank (SCB) and Liquid Group has partnered to enable cross-border QR payment acceptance in Singapore and Thailand, an announcement revealed.

SCB will act as a sponsor bank for all Thai banking applications that supports cross-border QR payments.

Customers will reportedly be able to pay for their purchases using their respective Thai QR payment apps at Liquid Group’s participating merchants in Singapore, the release added.

The partnership will also support cross-border merchant-presented QR code payment transactions. Merchants in Singapore can also launch targeted campaigns for SCB customers, offering users of the SCB Easy app to enjoy exclusive promotions and deals.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Thanks to the renewal of interest in the Singapore market.
The electronics cluster showed the most optimism.
The initiative aims to improve the overseas service exports environment.
This is the group’s 2nd sustainability notes issuance in the SGD bond market.
A Jefferies report said Singapore banks have enough buffers.
HongkongLand, CapitaLandInvest, and ComfortDelGro showed the most growth.
Mizuho Securities Asia Limited will be the notes dealer.
The company’s first batch has been fully allocated in the country.
The total consideration of up to $539m over three years will take effect. 
This is to address the increased global demand for healthcare products.
Thanks to the company's improved distribution channels.
Hiring activities online increased by 55.7% in August.
CapitaLandInvest, Capland IntCom T, and Sembcorp Industries showed the most growth.
This low turnout is due to the large quantum of the project, experts say.