The National Bank of Cambodia (NBC), in collaboration with UnionPay International (UPI), has launched a groundbreaking cross-border QR code payment system. This innovative platform was officially unveiled recently in a virtual ceremony attended by prominent figures including Chea Serey, Governor of the National Bank of Cambodia, and Wang Wentian, the Chinese Ambassador to Cambodia.
The new payment system enables UnionPay cardholders to utilise their UnionPay-enabled wallets, like the UnionPay app and other commercial bank apps that support UnionPay QR Code payment, to scan KHQR codes. This facilitates seamless transactions at approximately 1.8 million merchants across Cambodia. Serey highlighted that this system significantly enhances the convenience and efficiency of payments for international travellers in Cambodia.
