Is it Alibaba vs everyone else in ASEAN's fragmented e-payments space?

Is it Alibaba vs everyone else in ASEAN's fragmented e-payments space?

As part of a broader effort to go cashless, the Monetary Authority of Singapore (MAS) has been advocating the adoption of a common QR code for Singapore (SGQR) for e-payments in the city-state, given it is a practical and convenient way to introduce e-payments to cash-based merchants. But any payment solutions will have to contest Alibaba and Alipaym given its deep footprint across the region.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter