The People's Bank of China and the Macao Monetary Authority signed a memorandum of understanding to deepen cooperation on interoperability in cross-border payments between Mainland China and Macao, with the aim of improving payment efficiency and service levels and better supporting bilateral trade and economic activity and the movement of people.
Central Bank of the Republic of China 2025-10-13
People's Bank of China signs memorandum of understanding with the Macao Monetary Authority to advance Mainland–Macao cross-border payments interoperability
The People's Bank of China and the Macao Monetary Authority signed a memorandum of understanding to enhance cooperation on cross-border payment interoperability between Mainland China and Macao. The initiative aims to improve payment efficiency, service levels, and support bilateral trade and economic activity.