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OCBC on track to meet four times of 2023’s cross-border QR payment target this year

Douglas Toh
Douglas Toh • 2 min read
OCBC on track to meet four times of 2023’s cross-border QR payment target this year
The bank has seen a rise in cross-border payments since adding Alipay+ to its suite of cross-border payment offerings on its OCBC Digital app. Photo: OCBC
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Oversea-Chinese Banking Corporation (OCBC) has achieved 80% of its 250,000 target cross-border QR payments in 2024 to date, announced the bank on Oct 22.

“It has been one year since OCBC added Alipay+ to its suite of cross-border QR payment offerings on our OCBC Digital app, joining UnionPay International, Thailand’s PromptPay, Malaysia’s DuitNow and Indonesia’s Quick Response Indonesian Standard,” says head of global consumer financial services, Sunny Quek.

He adds: “As it is, this target, which we are on track to meet, is more than four times the number of such payments made in 2023.”

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