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ABA​ Bank​ garners​ eight​ awards​ from​ VISA,​ solidifying​ its​ market​ leadership​ in​ Cambodia

21/Feb/2025

aba visa 8 awards

ABA​ Bank​ attained​ eight​ Leadership​ Awards​ from​ VISA,​ the​ world's​ leading​ digital​ payment​ service​ provider.​ This​ recognition​ signifies​ ABA's​ unwavering​ commitment​ to​ driving​ the​ growth​ of​ cashless​ payments​ and​ financial​ inclusion​ in​ Cambodia​ throughout​ 2024.

The​ awards​ were​ presented​ at​ the​ VISA​ Client​ Appreciation​ Event​ 2024.​ The​ event​ recognized​ and​ celebrated​ the​ contributions​ of​ participating​ banks​ to​ the​ growth​ of​ VISA​ products​ and​ the​ introduction​ and​ promotion​ of​ cashless​ payments​ in​ Cambodia.

ABA​ Bank's​ dedication​ to​ excellence​ was​ recognized​ with​ eight​ awards​ at​ the​ VISA​ event:

  • ​Leadership​ in​ Consumer​ Debit​ Payment​ Volume;
  • Leadership​ in​ Consumer​ Credit​ Payment​ Volume;
  • Leadership​ in​ Credit​ Activation​ Rate;​
  • Leadership​ in​ Debit​ Activation​ Rate;​
  • Leadership​ in​ Spend​ per​ Active​ Card​ for​ VISA​ Debit​ in​ Affluent​ Segment;
  • Leadership​ in​ Total​ Merchant​ Sales​ Volume​ Growth;
  • Leadership​ in​ Active​ CAIDs​ (Card​ Acceptor​ Terminal​ IDs)​ Growth;
  • Leadership​ in​ Active​ Net​ New​ Acceptance​ Location.

These​ achievements​ reaffirm​ ABA​ Bank’s​ position​ as​ the​ undisputed​ leader​ in​ Cambodia’s​ card​ payment​ ecosystem.​ ABA​ is​ the​ number​ one​ bank​ in​ the​ country​ by​ overall​ card​ payment​ volume​ and​ acceptance​ points,​ as​ well​ as​ by​ KHQR​ payments​ and​ acceptance​ points,​ further​ underscoring​ its​ dominant​ role​ in​ driving​ digital​ transactions​ nationwide.

"It​ is​ a​ profound​ honor​ to​ be​ recognized​ by​ VISA​ with​ consecutive​ awards​ over​ the​ years.​ These​ accolades​ highlight​ our​ unwavering​ commitment​ to​ delivering​ exceptional​ services​ to​ our​ customers​ and​ reinforce​ our​ role​ in​ advancing​ Cambodia's​ digital​ and​ cashless​ payment​ solutions,"​ commented​ Sanzhar​ Abdullayev,​ Chief​ Card​ and​ E-Payment​ Officer​ of​ ABA​ Bank.

In​ 2022,​ ABA​ became​ the​ first​ bank​ in​ Cambodia​ to​ introduce​ instant​ Card​ Issuing​ Machines,​ revolutionizing​ the​ card​ issuance​ process.​ The​ machine​ allows​ ABA​ Mobile​ users​ to​ obtain​ physical​ cards​ in​ under​ two​ minutes​ without​ branch​ staff​ assistance.​ The​ Bank​ also​ has​ been​ consistently​ growing​ its​ POS​ and​ card​ acceptance​ network.