4 days ago
Cambodia and Japan launch first phase of cross-border QR code payment linkage
PHNOM PENH (Xinhua): Cambodia and Japan have launched the first phase of cross-border QR code payment connection, said a press release from the National Bank of Cambodia (NBC).
NBC's Governor Chea Serey presided over the launch event in Osaka, Japan.
"This official launch will allow Cambodian citizens to experience the efficient, convenient, and seamless cross-border payment by using the Bakong app or Mobile banking apps to scan JPQR codes in Japan," the press release said.
"This initiative underscores Cambodia's advancement in establishing a digital infrastructure for cross-border transactions, fostering collaboration and mutual growth," it added.
The second phase, which will be launched later, will enable Japanese users to pay in Cambodia by scanning KHQR. - Xinhua
