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.