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Share A user pays for her in-store purchase through a mobile payment app. The Covid-19 pandemic has helped accelerate the adoption of digital payments in Cambodia. Photo supplied NBC: Fintech fuels 2020 boom in Kingdom's payment systems Wed, 12 May 2021 Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual report on the payment system. The central ba...

Share More and more consumers are reportedly taking to digital channels to conduct transactions amid lockdowns and other movement restrictions. Hean Rangsey Financial institutions see jump in lockdown-era digital transactions Thu, 22 April 2021 Financial institutions (FI) logged a sudden spike in digital transactions during lockdown, adding further to the upward momentum fuelled by rising fears triggered by a spike in new Covid-19 cases found in connection to the February 20 community transmission. The government on April 14 announced a full lockdown in the capital and neighbouring Takmao tow...