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e-KYC, digital verification of documents taking off in Cambodia

e-KYC, digital verification of documents taking off in Cambodia
khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.

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BIDC, Sonatra endorse credit, banking deal for homebuyers

Vietnamese-owned Bank for Investment and Development of Cambodia Plc (BIDC) and local Sonatra Group have teamed up to provide banking and credit services for homebuyers, in an effort to promote business activities and meet the needs of Cambodians looking for a new abode, according to a joint press release. ....

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Central bank inaugurates digital campaign

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Mon, 24 May 2021
The National Bank of Cambodia (NBC) on May 24 launched a new campaign to encourage a shift to digital banking channels, reducing the need for person-to-person transactions and limit the potential risk of Covid-19 transmission.
With its mandate to promote financial inclusion throughout the Kingdom, the NBC has been stalwart in its backing of digital and electronic payment services.
Using the slogan “Go online and go cashless to beat Covid-19!”, the central bank urges customers and retailers to adopt e-wallets and applications such as Bakong to curb the spread of the novel coronavirus.
According to the NBC, more than 59 per cent of Cambodians currently conduct payment transactions online. ....

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