Bank Negara and Bank Indonesia (BI) have announced the commercial launch of the Indonesia-Malaysia cross-border quick response (QR) code payment linkage.

The linkage enables Indonesians and Malaysians to make instant retail payments in both countries by scanning the Quick Response Code Indonesian Standard (QRIS) or DuitNow.

The launch follows the successful completion of the pilot phase of the linkage announced on Jan 27, 2022, the central banks said...