OxPay, Liquid Group to broaden QR wallet acceptance

The partnership will integrate Liquid Group’s RoamQR payment network into OxPay’s payment platform

OxPay has teamed up with Liquid Group to broaden QR wallet acceptance for merchants in Singapore.

The partnership will integrate Liquid Group’s RoamQR payment network into OxPay’s payment platform.

RoamQR connects banks, wallets and payment providers across markets, allowing merchants to accept payments from a wider range of regional e-wallets.

Liquid Group developed RoamQR from the Monetary Authority of Singapore-backed SGQR+ initiative.

The network links Singapore’s payment ecosystem with partner national QR systems and supports QR payments from mobile wallets including those from China, Cambodia, Vietnam and South Korea.

Through the integration, OxPay merchants will also be able to accept additional payment methods such as India’s Unified Payments Interface through OxPay’s existing payment integrations.

The companies said the expanded acceptance could help merchants capture more spending from international visitors who prefer to pay using familiar wallet apps from their home markets.

OxPay also expects the move to strengthen its merchant acquiring business and support growth in total payment processing volumes.

Chin Mun Chung, Executive Director and Chief Executive Officer of OxPay, said: Merchant acquiring remains essential to driving the Group’s growth. We believe delivering value-added and differentiated services is essential to enhance merchant loyalty and to expand our market share in a competitive landscape.

To that end, Liquid Group is a natural strategic partner as its established RoamQR platform complements and enhances OxPay’s existing payment acceptance capabilities, he said.

OxPay is also exploring opportunities to deploy RoamQR in overseas markets where it holds payment licences, targeting tourism-driven digital payment growth across parts of Asia.

Jeremy Tan, Chief Executive Officer of Liquid Group, said: Through RoamQR, Liquid Group provides the network layer that connects national QR schemes, acquirers and wallets across markets. Our partnership with OxPay extends this interoperability directly to merchants in Singapore and, over time, to OxPay’s regional markets.

He added: This allows us to scale real-world QR usage across travel corridors while supporting merchants in capturing inbound tourist spending more effectively.