Published Date: 27 September 2022

Consultation Paper on Strengthening Participation in SGQR

This consultation paper seeks views on IMDA’s and MAS’ proposals to:
(i) introduce a set of guidelines to set out MAS’ expectations on all Relevant Merchant Acquirers through their participation in the Singapore Quick Response Code Scheme (“SGQR”);
(ii) introduce a fee structure model for SGQR Members; and
(iii) conduct regular batched onboarding exercises for merchant acquirers who wish to join SGQR.

Consultation Number:
Start Date:
27 September 2022
Closing Date:
28 October 2022
MAS Response Date:
23 June 2023
Response date: 23 Jun 2023
The consultation response was published on 23 June 2023.