KASIKORNBANK (KBank) has pioneered the launch of a QR Payment service between Thailand and Lao PDR, while also planning to expand its connection to India by the end of this year.

The Bank of Thailand (BOT) has said it would expand the QR cross-border payment to two Asean countries -- Singapore and Cambodia -- and the service was expected to begin in the middle of this year, BOT assistant governor for payment systems policy and financial technology, Siritida Panomwon na Ayudhya, said.