Three issuers — dtcpay, MariBank and Maybank — are slated to come on board. Customers of Maybank will be able to pay at existing merchants by 4Q2024, while dtcpay and MariBank customers can do the same by 2Q2025.
An updated version of Singapore’s unified QR code which will consolidate all payment needs with a single merchant acquirer has been rolled out by the Network for Electronic Transfers (NETS).
It is called the SGQR+, which will see the completion of its “technical live” in 4Q2024. NETS will offer the master acquirer track.
