MANILA, Philippines -The Monetary Board has given banks that use QR (quick response) codes for their payments services up to July 1 to switch to the interoperable 'QR Ph' standard, as part of efforts to convince and enable more Filipinos to use this digital mode of payment. The MB issued Memorandum No. M-2023-005 dated Feb. 23, which says that such banks must have disabled and withdrawn from public access their non-interoperable QR codes when the second semester of 2023 starts. The memo implements Bangko Sentral ng Pilipinas (BSP) Circular No.

https://business.inquirer.net/390436/standardize-qr-codes-by-july-1-banks-ordered

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