Cross-border Payment Connectivity

Cross-Border Payment Connectivity: Simplifying Transactions Across ASEAN and Asia

Cross-border payment connectivity enables ASEAN and other Asian residents to make seamless payments by scanning QR codes in Thailand and other participating countries. This innovative solution has become increasingly popular for spending in Thailand and across Asia, making transactions more convenient than ever before.

This development is the result of agreements and cooperation between governments and banking institutions in the region. It addresses key challenges, such as the inconvenience of carrying large amounts of cash or excessive travel accessories, and enhances the overall ease of travel and commerce.

Following is the resorce from Bank of Thailand: BOT

References

How ASEAN is making instant cross-border payments a reality
ASEAN Payment Connectivity เปิดประตูสู่โลกใหม่ของการชำระเงิน
ASEAN Leaders’ Declaration on Advancing Regional Payment Connectivity and Promoting Local Currency Transaction