Monday, May 03, 2021

Singapore and Thailand Launch World's First Linkage of Real-time Payment Systems

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) launched  the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. 

The first of its kind globally, the linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment system operators, bankers’ associations, and participating banks.
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