Folding the Yen: How a Humble QR Code is Unifying Asian Payments - Finance Magnates

Retrieved on: 2024-04-15 16:04:34

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Folding the Yen: How a Humble QR Code is Unifying Asian Payments - Finance Magnates. View article details on HISWAI: https://www.financemagnates.com/fintech/payments/folding-the-yen-how-a-humble-qr-code-is-unifying-asian-payments/

Summary

The article discusses Asia's transition to digital payments, with a focus on the use of QR codes in commerce. Japan's push for a unified QR code system (JPQR) intends to facilitate transactions across the region, integrating with Chinese services like UnionPay and WeChat Pay. Indonesia is mentioned as part of Southeast Asia involved in this digital financial shift.

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