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LOLC Cambodia Expands Digital Payment Capabilities with Alipay+ Acquiring Service

  • Posted Feb 18, 2025 11:14 by EAC News
  • 5635
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Phnom Penh, 18 February 2025 – LOLC Cambodia has enhanced its QR payment solution, LOLC KHQR, by integrating Alipay+, a global cross-border digital payment platform. This new feature enables merchants across Cambodia to seamlessly accept payments from international customers, particularly Chinese tourists, using their preferred digital wallets.

With this integration, businesses can now receive payments from multiple international e-wallets, including Alipay (China), AlipayHK (Hong Kong SAR), GCash (Philippines), Touch 'n Go eWallet (Malaysia), and more. This advancement eliminates the need for currency exchange, enhances transaction security, and simplifies cross-border payments, making Cambodia a more attractive destination for global visitors.

Merchants using LOLC KHQR now gain access to a broader international customer base while enjoying these key benefits:

● Earn 3% Interest Per Annum– Securely store your income in LOLC savings account and earn a competitive 3% annual interest rate.

● Instant Payment Notifications – Get real-time alerts via Telegram notification and payment history in LOLC Merchant App for better transaction tracking.

● Easy & Convenient – Merchants can display LOLC KHQR as a sticker, card, or stand at their business locations, allowing international customers to pay instantly with a simple scan.

“By integrating Alipay+, we are strengthening Cambodia’s digital economy and providing merchants with a seamless way to connect with international customers. This collaboration streamlines cross-border transactions, supports Cambodia’s transition to a cashless society, and benefits both businesses and travelers,” said Mr. Sok Voeun, CEO of LOLC Cambodia.

With Cambodia expecting 7 million international tourists by 2025, this enhancement to LOLC KHQR ensures that businesses can cater to the growing number of foreign visitors. Tourists can now pay in their home currency using familiar mobile wallets, with the system automatically handling currency conversion. This seamless experience enhances customer satisfaction and helps drive more sales for merchants.

Get LOLC KHQR for Free Today! by contacting 023 991 991 or visiting the nearest LOLC Cambodia branch.

For more details, follow LOLC Cambodia: https://linktr.ee/LOLCCambodia


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