Cambodia enables QR payments from foreign e-wallets through Alipay+

They can now make payments in over 1 million Cambodian merchants.

The National Bank of Cambodia (NBC) and Ant International have officially launched cross-border QR code payments through the KHQR.

The payments will be facilitated between the NBC’s Bakong payment system Alipay+, Ant International’s cross-border mobile payment and digitalisation solutions.

With this initiative, Alipay+ partner users of 12 international payment apps, will now be able to make payments in over 1 million merchants in Cambodia by scanning KHQR codes.

Partner digital wallets who can use the service include Alipay (Chinese mainland), AlipayHK (Hong Kong SAR), Touch ‘n Go eWallet and MyPB by Public Bank Berhad (Malaysia), GCash (the Philippines), Kakao Pay, Toss Pay (South Korea), OCBC and Changi Pay (Singapore), Hipay (Mongolia), MPay (Macao SAR) and Tinaba (Italy).

KHQR, launched by National Bank of Cambodia in July 2022 and operated by Bakong, was created for retail payment in Cambodia and cross-border payment within ASEAN countries.

It only requires a single QR for receiving payment through any mobile banking apps of Bakong members including Bakong app.

NBC and Ant International first signed the memorandum of understanding paving the way for the cross-border QR code payment service on 15 November 2023.

In addition to Cambodia, Alipay+ also has partnerships with national standardised QR code payments in Singapore, Malaysia, South Korea, Nepal and Sri Lanka.

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