SCB enables cross-border QR code payments between TH and SG

Southeast Asia has seen a surge in QR code-based payments over the past year or so. And while cross-border payments via QR codes are still rare — it seems as though a partnership between Thailand and Singapore has broken new ground in digital payments. The QR code is a square-shaped information matrix made up of lines and squares that runs vertically and horizontally. Compared to the traditional barcode that can only code data in a linear fashion, more information can be stored in a QR code as a result of its complexity.