Making payments through scanning QR codes with smartphones is expanding rapidly in Southeast Asia, with countries like Thailand, Malaysia and Cambodia leading the growth in transactions.
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QR payments started to spread in the emerging region several years ago due to low bank account ownership levels, scarce ATM networks in rural areas and the arrival of low-priced smartphones. The trend has spread thanks partly to the introduction of tourist services and cross-border links.
In Cambodia, QR payments increased 29% in 2023 to about 601 million transactions, according to the central bank, up by 10 times in just three years.
In full: https://asia.nikkei.com/Business/Finance/QR-payments-expand-in-Thailand-Malaysia-and-Cambodia
