Cambodia's central bank and UnionPay International launch cross-border QR code payment

PHNOM PENH (Xinhua): The National Bank of Cambodia (NBC) and Chinese financial services provider UnionPay International on Friday launched cross-border QR code payment.

NBC's Governor Chea Serey said the introduction of cross-border QR code payments between the NBC's Bakong, a mobile payment and banking system, and UnionPay International will elevate the level of financial cooperation between both institutions, providing benefits to users in Cambodia and China, and globally.