Vietnamese and Cambodian tourists can scan QR codes for cross-border payments

The National Payment Corporation of Vietnam (NAPAS) and ACLEDA Bank of Cambodia have officially completed the pilot connection of retail payments using QR codes between Vietnam and Cambodia. With the successful implementation of this connection, through the Bakong application of the National Bank of Cambodia, customers of 57 Cambodian banks when coming to Vietnam can scan the VietQR code at payment acceptance points of the first banks to deploy the service, including BIDV and TPBank, to pay from the customers' Cambodian Riel (KHR) accounts.

Sacombank customers can scan QR codes in Cambodia when purchasing goods and services.

On the contrary, Vietnamese tourists when visiting Cambodia can also use the mobile applications of banks including BIDV, Sacombank and TPBank to make KHQR scanning payments at about 1.8 million payment acceptance points in Cambodia. When using the QR code cross-border payment service, tourists from both countries will enjoy preferential exchange rates instead of converting to a third currency.

In the coming time, NAPAS will continue to cooperate with Cambodia to expand the number of Vietnamese banks participating in the service implementation to meet the payment needs of tourists from both countries.

In addition, NAPAS and Lao National Payment Network Company Limited (LAPNET) also signed a cooperation agreement on research and pilot implementation of bilateral retail payment connection using QR codes between Vietnam and Laos. Thus, in Southeast Asia alone, NAPAS has implemented cross-border payment cooperation with 3 important partners including Thailand, Laos, and Cambodia.

Source link: https://thanhnien.vn/du-khach-viet-nam-campuchia-co-the-quet-ma-qr-thanh-toan-xuyen-bien-gioi-185231206181110313.htm