Cambodia expands cross-border QR payment links with five Asean countries, including Malaysia
Cambodia has expanded its cross-border QR payment connectivity to include five ASEAN nations, including Malaysia and Singapore. This initiative, powered by the Bakong digital currency platform, aims to facilitate seamless retail payments across the region.
Why it matters
The integration of national digital payment systems promotes financial inclusion and reduces transaction costs for cross-border trade and tourism within Southeast Asia.
PHNOM PENH (Bernama-VNA): Cambodia is expanding its footprint in digital finance by strengthening bilateral cross-border QR payment connectivity with five members of the Association of Southeast Asian Nations (ASEAN), namely Laos, Malaysia, Singapore, Thailand and Vietnam.
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