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Singapore launches unified QR code for e-payments; new rules soon to address likely risks

Tech

Singapore launches unified QR code for e-payments; new rules soon to address likely risks

Stanislaus Jude Chan Published on Mon, Sep 17, 2018 / 2:03 PM GMT+8

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SINGAPORE (Sept 17): Singapore on Monday launched the Singapore Quick Response Code (SGQR), which combines multiple payment QR codes into a single SGQR label.

Photo: Minister Ong Ye Kung testing out the new SGQR label to make a purchase.

The first of its kind globally, SGQR will be adopted by 27 payment schemes, including PayNow, NETS, GrabPay, Liquid Pay and Singtel DASH.

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