Central banks of Indonesia and Singapore start trial on cross-border QR code payments

FILE PHOTO: A woman walks behind a logo of Indonesia's central bank, Bank Indonesia, in Jakarta, November 17, 2016. REUTERS/Beawiharta/File Photo

JAKARTA (Reuters) - Indonesia's central bank said on Thursday it had started a trial of cross-border QR code payments with its Singaporean counterpart.

Both have set a target of introducing the system in the second half of this year, according to an earlier statement from Singapore's central bank.

(Reporting by Stefanno Sulaiman; Editing by Martin Petty)