Juniper Research: QR Code Payments Forecast To Grow Over 590% In Leading Southeast Asian Market By 2028

Orson Amiri
Orson Amiri
1 min read

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The Juniper Research report underscores the critical role of cross-border interoperability in fueling the growth of QR code payments within Southeast Asian markets. While international interoperability has been offered by payment providers like Alipay for some time, a new trend is emerging—national QR payment standards are converging across borders. This convergence enables businesses to accept payments from international visitors using their domestic digital wallets, fostering greater economic integration and facilitating seamless transactions.

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