Cambodians Are Embracing Cashless Payments At Remarkable Pace

A global leader in digital payments Visa Inc. said in its Cambodia’s Visa Consumer Payment Attitudes report released on Thursday that the Cambodians are some of the most prepared citizens in terms of adopting cashless payments.

According to the Khmer Times, the report indicated that Cambodia will continue to increase digital payment transactions within the next seven years, prompting for more opportunities in financial technology.

The main link that terminals Cambodians to high levels of interest for digital payments is the rise in technological innovations. Data from the Telecommunications Regulator Cambodia revealed that there are 13.6 million mobile and fixed internet users in the country as of last year.

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