(Phnom Penh): The National Bank of Cambodia officially launched cross-border QR code payment connectivity between Cambodia and India of Phase I, Indian users scanning KHQR codes in Cambodia, under the presidency of Chea Serey, Governor of the National Bank of Cambodia, and Vanlalvawna Bawitlung, Ambassador of India to Cambodia, on Tuesday (Jun. 2) in Phnom Penh, Cambodia.

The event was attended by Saswat Kumar Mahapatra, General Manager of the Reserve Bank of India, and approximately 190 representatives from the Ministry of Tourism, relevant institutions, banks and financial institutions, as well as Indian food court owners in Cambodia were also in attendance.

Driven by the increasing influx of Indian tourists to Cambodia, the official launch of Phase 1 marks a significant milestone in streamlining the retail payment process by allowing visitors to easily scan KHQR codes at 4.5 million merchant locations nationwide.

Through their mobile banking applications, Indian travellers can settle payments for goods and services efficiently and securely.
=FRESH NEWS