Encouraging level of playing ﬁeld, including preventing shadow banking  National Standard on QR Code Payment Features : MPM, CPM, TTM, TTS, Cross-border  continues as a manifestation of our commitment to simplify licensing procedures supported by strengthening regulations and supervision to encourage innovation while managing risks in the payment system industry.
We simplified licensing with a risk-based and activity-based approach, as well as the fulfillment of service standards for efficiency and prudence.