https://afcsblog.ingonoka.com/categories/design/ Recent content in Design on AFCS Blog Hugo en Thu, 09 Jul 2026 14:05:49 +0800 https://afcsblog.ingonoka.com/post/qr-crossborder-today/ Thu, 09 Jul 2026 00:00:00 +0800 https://afcsblog.ingonoka.com/post/qr-crossborder-today/ <div id="preamble"> <div class="sectionbody"> <div class="paragraph"> <p>This LinkedIn post <span class="citation">(<a href="#Plenora-Pulse:-Fintech-Edition:2025aa">1</a>)</span> claims that customers from most South East Asian countries can now use their domestic e-wallets for payments at China UnionPay merchants in China. This article <span class="citation">(<a href="#VinhTho:2026cr">2</a>)</span> reports that customers using the AliPay app will be able to scan VietQRGlobal QR codes in Vietnam to pay with Yuan.</p> </div> <div class="paragraph"> <p>Other sources on the Internet seem to suggest that at the end of 2025 a number of pilots have started to test the interoperability between China and SEA countries.</p> </div> <div class="paragraph"> <p>New reports of cross-border acceptance initiatives are coming out almost every week. Here is one from today <span class="citation">(<a href="#Shofa:2026ii">3</a>)</span>.</p> </div> <div class="paragraph"> <p>All of these projects suffer from the same issues – they are obscure, fragmented, complex and unsustainable. The reason is clear. Asia has missed an opportunity to establish a standard for cross-border QR payments. So far all that has been achieved is a hotchpotch of point-to-point connections that offer an illusion of an international payment system.</p> </div>