ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia

20/12/2018

ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ CambodiaABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia
ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ CambodiaABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia
ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ CambodiaABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia
ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ CambodiaABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia
ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ CambodiaABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia
ABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ CambodiaABA,​ Visa​ officially​ introduce​ QR​ payments​ in​ Cambodia

ABA​ Bank,​ member​ of​ National​ Bank​ of​ Canada​ Group,​ today​ partnered​ with​ Visa,​ the​ world’s​ leading​ digital​ payment​ service​ provider​ company,​ and​ four​ commercial​ banks​ in​ Cambodia​ to​ launch​ Quick​ Response​ (QR)​ payments​ in​ Cambodia,​ allowing​ consumers​ to​ use​ their​ mobile​ phones​ to​ scan​ to​ pay​ with​ Visa.

Visa’s​ QR​ based​ payment​ is​ a​ convenient​ and​ secure​ mobile​ payment​ solution​ that​ allows​ ABA​ Bank​ customers​ use​ ABA​ Mobile​ app​ installed​ on​ their​ smartphone​ to​ scan​ a​ QR​ code​ initiating​ a​ transfer​ of​ funds​ from​ their​ account​ to​ the​ retailer’s​ account.

Commenting​ on​ the​ launch,​ CEO​ of​ ABA​ Bank​ Askhat​ Azhikhanov​ said,​ “We​ are​ excited​ to​ successfully​ launch​ QR-based​ cashless​ payments​ with​ Visa​ today.​ Scan​ to​ pay​ with​ Visa​ becomes​ handy​ for​ ABA​ customers,​ enabling​ them​ to​ pay​ for​ purchases​ using​ a​ smartphone,​ even​ if​ they​ do​ not​ have​ cash​ or​ a​ bank​ card.​ It​ is​ also​ beneficial​ for​ small​ businesses​ in​ Cambodia,​ since​ rolling​ out​ this​ payment​ option​ doesn’t​ require​ extra​ costs.​ QR-payment​ solutions​ greatly​ help​ to​ accelerate​ the​ country’s​ transition​ to​ a​ cashless​ society.”

At​ launch,​ five​ Cambodian​ banks​ participate​ in​ facilitating​ Visa​ QR​ payments​ at​ their​ merchants,​ making​ this​ service​ widely​ available​ in​ the​ country.​ Now,​ ABA​ Visa​ cardholders​ (including​ Visa​ Virtual​ card)​ can​ use​ their​ ABA​ Mobile​ app​ to​ scan​ and​ pay​ at​ any​ merchant​ that​ has​ “Scan​ to​ pay​ with​ Visa”​ logo.​ That​ includes​ a​ wide​ range​ of​ merchants​ such​ as​ Master​ Suki​ Soup​ Group,​ EFG​ Group​ (The​ Pizza​ Company,​ Bar​ BQ​ Plaza,​ Swenson’s,​ Dairy​ Queen​ and​ Krispy​ Kreme),​ Yummy​ Food​ Co.​ Ltd.,​ U-Care​ Pharma,​ Kiwi​ Marts,​ Yinkok​ Food​ (Tous​ Les​ Jours,​ Asia​ Kitchen,​ Lotteria​ Burger),​ Zando,​ Park​ Café,​ and​ more.​

Monika​ Chum,​ Country​ Manager​ of​ Visa​ Cambodia,​ said,​ “The​ launch​ of​ QR​ payments​ is​ an​ important​ milestone​ in​ the​ evolution​ of​ digital​ payments​ in​ Cambodia.​ Utilising​ mobile​ phones​ and​ QR​ code​ technology​ provides​ a​ cost-effective​ way​ for​ businesses​ to​ start​ accepting​ electronic​ payments​ and​ for​ consumers​ to​ make​ digital​ payments​ instead​ of​ relying​ on​ cash.”​

All​ QR​ transactions​ with​ Visa​ are​ processed​ via​ Visa’s​ global​ network,​ VisaNet,​ applying​ the​ scale,​ security​ and​ reliability​ of​ Visa​ to​ QR​ payments.​ Cambodia​ joins​ a​ growing​ list​ of​ countries​ across​ the​ region​ where​ QR​ payments​ have​ been​ implemented​ including​ Indonesia,​ Vietnam,​ Thailand​ and​ India.

Download​ the​ safe​ and​ secure​ ABA​ Mobile​ app​ for​ free​ by​ clicking​ the​ icon​ of​ your​ smartphone’s​ app​ store​ below.​