More using cross-border payments in Singapore as visitor, linkage numbers grow

The Monetary Authority of Singapore said it has seen “good growth” in the use of cross-border payment links, with more visitors travelling to Singapore. The central bank expects more and higher-value transactions to be made in the future. Businesses are also looking to come on board, with one telling CNA that cross-border retail payment links have helped to defray increasing costs and keep their prices competitive. CNA’s Nadirah Zaidi reports. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia