All posts tagged "Chea Serey"
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179Asia-PacificCambodia Explores Cross-border Transactions Using ‘Bakong’
Cambodia launched its Bakong digital currency in October 2020. In the first half of 2021, 1.4 million transactions worth $500mn were recorded.
August 10, 2021 -
413Asia-Pacific
Cambodia Officially Launches New Retail Payments System
The development of the new system, known as Retail Pay, was backed by a $8mn grant from the Korea International Cooperation Agency.
February 5, 2021 -
1.9KAsia-Pacific
Cambodia Launches Central Bank Backed Digital Currency
The digital currency, known as Bakong, allows users to transfer money using a mobile app by scanning QR codes or inputting the recipient's phone number.
October 29, 2020 -
503Asia-Pacific
Cambodia to Launch CBDC-based Payment System
The new payment system expected to launch in the coming months has the support of 11 banks so far, and will operate using a quasi-CBDC known as 'Bakong'.
February 3, 2020 -
1.5KAsia-PacificMaybank to Enable Real-time Payments for Cambodia, Malaysia
Cambodia’s central bank and Malaysia’s Maybank will work together to enable real-time cross-border transfers, payments and remittances between the two countries.
October 12, 2019
