AsiaMalls and UnionPay launch QR Code payments across six malls

By
/ EdgeProp
|
November 28, 2017 10:16 AM SGT
AsiaMalls Management and UnionPay International signed a Memorandum of Understanding accepting UnionPay QR Code payments in six malls – Hougang Mall, Liang Court, Tiong Bahru Plaza, Tampines 1, White Sands, and Century Square when it reopens in 2018.
The initiative will allow merchant discounts and payment transactionsto be processed via a single scan of the consumer-presented QR Code, at all participating AsiaMalls merchants. It also enables shoppers without NFC-enabled smartphones to make contactless mobile payments. This is the first large-scale partnership between a mall manager and a global payment brand to deploy QR Code payments across malls in Singapore, says AsiaMalls.