Jupiter QR Pay is a scan-to-pay solution available in the Asia-Pacific region. It supports both merchant payments and peer-to-peer transfers, directly from the user’s Global account. No fees for either party.
How It Works
User scans QR code → Payment debited from Global account (USD) → Settled via local payment processor → Recipient receives funds
The user scans a QR code to initiate the payment. This works for both merchant transactions and person-to-person transfers.
Payments are settled through a local payment processor. The user pays from their Global account balance (held in USD), and the recipient receives the payment via local rails. When the payment is in a non-USD currency, conversion is done at the mid-market rate with no additional spread or fee.
Merchants do not need to register or integrate anything to accept QR Pay.
Availability
Singapore, Vietnam, Thailand, and the Philippines.
Limits
Daily limit: $5,000
Fees
No fees for either the payer or the recipient. This applies to both merchant and peer-to-peer transactions, including FX conversion.
Limitations
- Geographic availability. QR Pay is only available in the APAC countries listed above.
- Global account required. Requires a funded Global account and completed Jupiter ID verification.