Cambodia Investment Review
ABA Bank, country’s largest commercial bank , and DKSH Cambodia, the leading Market Expansion Services provider, entered a partnership to integrate ABA PayWay’s QR API solution with DKSH Cambodia’s innovative mCollector app. This collaboration streamlines DKSH Cambodia’s digital payments collection process, eliminating the need for physical bills.
DKSH Cambodia empowers businesses seeking to expand their reach, offering solutions for companies to establish or grow their presence in the Cambodian market. The mCollector app simplifies the collection process by auto-generating ABA KHQR upon payment requests. Customers can then scan the generated ABA KHQR using any banking application and conveniently complete their payments to DKSH Cambodia.
This integration eliminates manual data entry and ensures faster and more secure transactions. It marks a significant stride towards a more digital and efficient collection process in Cambodia.
Read More: ABA Bank Posts Strong Q1 2024 Results, Leveraging Past Success and Focused MSME Support
“We are excited to partner with DKSH Cambodia to provide their customers with a seamless and secure digital payment experience,” said Zokhir Rasulov, Chief Digital Officer of ABA Bank. “This collaboration marks another important milestone for ABA in fostering innovation, driving financial inclusion in Cambodia, and empowering businesses like DKSH.”
“By streamlining their B2B payment processes with ABA PayWay, DKSH can focus on their core business,” Rasulov added.
Chansoyavatey Thoun, Director of Country Finance, DKSH Cambodia, commented, “As a leading market expansion service, we continuously strive to improve our services for our partners and customers. Integrating ABA PayWay QR API with mCollector allows us to offer our customers a faster and more convenient payment option.”
