PHNOM PENH, Jan. 30 (Xinhua) -- Cambodia continued to see a significant increase in mobile payments in 2023, said a National Bank of Cambodia (NBC)'s report released on Tuesday.

The report said 33 payment service institutions (PSIs) and two banking and financial institutions (BFIs) have been authorized to operate payment businesses as of last year, with a total of 19.7 million registered e-wallet account users.

"The total number of mobile payment transactions rose 28.7 percent to 601.3 million in 2023, with a total amount of 75.8 billion U.S. dollars, which increased by 18 percent, which was equal to almost 2.4 times gross domestic product (GDP)," the report said.

NBC Governor Chea Serey said digital payment services contribute to enhancing financial inclusion, promoting innovation, and providing convenience and safety to users.

"We have steadily expanded our payment system connectivity with countries in the region and international payment systems, providing a wider range of payment possibilities for Cambodians and international travelers," she said in the report. Enditem

Related

Go to Forum >>0 Comment(s)