Cambodia's central bank launches KHQR code payment service; govt to promote wider use of mobile retail payments

PHNOM PENH, July 5 (Xinhua): The National Bank of Cambodia (NBC) on Monday launched the KHQR code payment service, aiming at promoting the wider use of mobile retail payments in the South-East Asian country, a senior official said.

KHQR is a universal quick response (QR) code system created for retail payments in the country, NBC said, adding that it only requires a single QR for receiving payment from any mobile app including the Bakong app.