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Cambodia Acleda and Siam Commercial: Dual currency payment system launched


geovalin

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Cambodia's Acleda Bank Plc and Thailand’s Siam Commercial Bank Pcl (SCB) have teamed up to launch an innovative payment system that will allow customers to pay in either country using their own currency.

 

The system uses QR codes to allow customers to conduct cashless transactions.

 

The move comes after the National Bank of Cambodia (NBC) signed a memorandum of understanding with the Bank of Thailand on cooperation in financial innovation and payment systems.

 

read more https://www.phnompenhpost.com/business/dual-currency-payment-system-launched

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