ASEAN prepares cross-border QR payments, e-signatures pact
· Tech · Singapore
ASEAN is preparing cross-border QR code payments and electronic signatures as part of an expanded digital trade pact, Nikkei Asia reported. The measures aim to lower barriers for digital commerce among member states, complementing a broader regional agreement on digital trade. The initiative reflects a push to deepen economic integration through digital infrastructure rather than tariff changes.
Why it matters:Harmonized digital payment and signature rules could accelerate regional e-commerce and set a template for other trade blocs.
Key points
- The measures cover cross-border QR payments and e-signatures.
- They are part of a broader ASEAN digital trade pact.
- The initiative aims to reduce digital commerce barriers.
Sources (original reporting)
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