KHR cross-border payments now available in four countries
“Cambodians can now make cross-border payments in Thailand, Vietnam, Laos and Malaysia by scanning QR codes for Khmer Riel (KHR) without having to convert to US dollars amid the apex bank actively promoting the use of the Kingdom’s national currency.”
“Leat added that the Bakong system allows users to perform electronic transactions that include payments, transfers, deposits and withdrawals, both domestically and across the regional countries quickly and easily, reducing transaction costs in a highly-secured system.”
https://www.khmertimeskh.com/501685716/khr-cross-border-payments-now-available-in-four-countries/
See also: ‘Cambodia, Japan launch cross-border payment collaboration’ – The Khmer Times
“The National Bank of Cambodia (NBC) and the Payments Japan Association (PJA) have announced the signing of a Memorandum of Understanding (MoU) to facilitate cross-border QR code payments between Cambodia’s KHQR and Japan’s JPQR.”
https://www.khmertimeskh.com/501675369/cambodia-japan-launch-cross-border-payment-collaboration/