Cambodia Announces Soft Launch of New Payment System

Launched in partnership with 7 partner institutions, the new system will enable real-time interbank transfers, mobile payments, and QR code payments.

The NBC (National Bank of Cambodia) has announced the soft launch of a new interbank payment service, in partnership with local institutions, reports local media.

The ‘Retail Payment System’ will promote innovation in the payments sector, improve the efficiency of interbank transactions, enhance security, and contribute to financial inclusion, the NBC said.

In full: https://www.regulationasia.com/cambodia-announces-soft-launch-of-new-payment-system/

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