Bangkok, Aug 19 (TIWN) The central banks of Thailand and Indonesia on Thursday launched a cross-border QR payment linkage between the two countries.

Currently, the project is at pilot stage, aiming to ensure smooth interconnection and pave the way for the full commercial launch next year, according to the statement. At this stage, users from Indonesia can use their mobile payment applications to scan Thai QR codes to make payments to merchants in Thailand. Users from Thailand can also use their mobile payment applications to scan “Quick Response Code Indonesian Standard” to pay for goods and services with merchants in Indonesia as well as cross-border e-commerce transactions.