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新2最新登录址:Critical to have efficient cross-border payment to support trade

新2最新登录址:Critical to have efficient cross-border payment to support trade

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Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus said the central bank is now pursuing multiple efforts on many fronts such as by linking DuitNow, its fast payment system, with Asean neighbours.

KUALA LUMPUR: It is critical for a small and highly open economy such as Malaysia to have an efficient cross-border payment service to support trade and commerce with its neighbouring countries as well as all countries worldwide.

Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus said the central bank is now pursuing multiple efforts on many fronts such as by linking DuitNow, its fast payment system, with Asean neighbours.

“This is a no brainer. Within Malaysia, DuitNow has enabled millions of individuals and businesses to transfer money instantly and seamlessly. So imagine if we could do the same for the whole region to make cross-border payments cheaper, faster, more transparent and accessible to all 600 million plus of us in the region. The economic impact can be significant.

“Asean economies are highly integrated, with intra-Asean trade accounting for the largest share of the total trade in Asean. So think about how this can bring about a change to help people and businesses in trade and travel,” she said.

Nor Shamsiah said this during the casual talk session at the Digital Economy and Finance Festival organised by Bank Indonesia themed, Faster, Cheaper, More Transparent and More Inclusive Cross-border Payment to Promote Regional Economic Recovery, Bernama reported.

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Also participating in the session were Bank Indonesia governor Perry Warjiyo, Monetary Authority of Singapore managing director Ravi Menon, Bangko Sentral ng Pilipinas governor Felipe Medalla, and Bank of Thailand’s deputy governor Ronadol Numnonda.

Nor Shamsiah further said, with over 10 million people in Asean living, working and studying in other countries within the region, the integration of fast payment systems will transform cross-border payment services and bring the benefits of instant and low-cost payments enjoyed domestically to the cross-border space.

She noted that Malaysia has launched QR payment linkages with Thailand and Indonesia with efforts to expand them to support peer-to-peer transfers and similar initiatives are also being pursued with Singapore and the Philippines.

“Our efforts to set up bilateral connections for payment system in Asean is important, but we also need to start thinking about how to go about it more efficiently at the regional and global level.


转载说明:本文转载自Sunbet。
  • 女r3n当自强 @回复Ta

    2022-07-19 00:04:31 

    马德兴以为,某{mou}种水平上,今年亚冠赛场上的惨败【bai】,是中国足球一次“战略性《xing》的大惨败”,是中国足球【qiu】“短视”的集中性体现。一方面,中国足球总是“shi”习惯性地“毕其功于一役”;另一方面,又对中国足球、中超联赛在整个亚洲局限内「nei」的熟悉与定位不清,再加上种种“小九九”交织在一起,只能让中国足球遭受更大的损失。但问【wen】题恰恰又在于:面临这样的惨败,险些没有若干人以为这是中国〖guo〗足球的“损失”,甚至私下还在为自己做出这样的决议而“自鸣自满”、“保留了有生气力”――这只能说是“可‘ke’悲”了。一直都很好

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