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Defense Ministry Denies Thailand’s Unfounded Allegations Over Landmine Incident | Cambodian Government Responds to Thailand’s Diplomatic Actions Amid Border Tensions | PM: Cambodian Armed Forces Courageously Defending Sovereignty and Territorial Integrity | Cambodian Condemns Thailand's Aggressive Military Operations in Border Tension Areas | Cambodia Condemns Thai Military Aggression, Urges Immediate Withdrawal | Cambodian Ministry of National Defense Releases Timeline of Border Clashes on July 24, 2025 | Thailand Launches Airstrikes on Cambodian Military Targets, Prompting Regional Anxiety | Cambodian Army Asserts Right to Self-Defence Following Thai Incursion | Hun Sen Commands Military Operations Alongside Prime Minister Hun Manet, Denies Reports of Fleeing, Says Spokesperson | Cambodian Military Claims Control of Ta Krabey, Ta Moan Thom Temples Amid Border Clashes | PM Hun Manet Urges Calm and Respect Amid Ongoing Border Clashes with Thailand | Government Spokesperson: Thailand Using Landmine Allegations as Pretext for Invasion | Border Conflict Escalates: Cambodian and Thai Forces Continue Clashes as of 6 PM | Cambodia Condemns Thai Military for Violating World Heritage Site, Calls for Immediate Action |

Cambodia and China to Launch Transnational QR Payments

  • Posted Jul 12, 2023 17:10 by Sao SokEng
  • 3146
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PHNOM PENH: The National Bank of Cambodia (NBC) and Chinese company UnionPay International signed a Memorandum of Understanding (MoU) on July 10 to facilitate fast and easy payments internationally using a QR code.

NBC Deputy-Governor, Chea Serey, said that the transnational payment cooperation between Cambodia and China will boost the number of tourists between the two countries, and promote both the Cambodian Riel and the Chinese Yuan.

According to Chea Serey, Chinese tourists in Cambodia will be able to pay through KHQR anywhere QR codes are accepted in the country. Cambodian tourists to China will also be able to use KHQR to pay through any QR connected via Union Pay, Wechat and AliPay.

"The important thing is that Cambodian sellers need to have KHQR to receive the Riel, and those who want to spend easily in China also need to have a savings account in Riel to make this transaction. This is a measure to improve the use of our Riel," she said.

The NBC Deputy-Governor confirmed that transnational payments between China and Cambodia will be operational by the end of this year or early 2024.

On June 6, the NBC made payments in Thai Baht available at 1.5 million stores by QR code in Cambodia. The bank has plans to introduce QR payment options with Vietnam and Laos as well.


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