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ACLEDA TOANCHET PAY
navigate_nextMedianavigate_nextOur Newsnavigate_nextOfficial Launch of Cross-Border QR code Payment between Cambodia and Singapore
Official Launch of Cross-Border QR code Payment between Cambodia and Singapore
Phase 2: Singapore scans Cambodia's KHQR Code
Phnom Penh, March 30, 2026 – ACLEDA Bank Plc., "The Bank You Can Trust, The Bank for the People," is pleased to announce the official launch of its Cross-Border Payment via QR Code service in Cambodia, Phase 2: Singapore scans Cambodia's KHQR Code.
This initiative expands the scope of digital payments, strengthens economic ties between Cambodia and Singapore, and supports the tourism sectors of both nations, aligning with the ASEAN vision of interconnected digital payment systems across the region.
The launch ceremony was held under the distinguished presidency of H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia (NBC); Mr. Jeremy Tan, CEO of Liquid Group; and corporate partners from Singapore.
The NBC has appointed ACLEDA Bank as the sponsoring bank for this strategic cross-border QR payment project with Singapore, a joint initiative between the NBC and MAS.
Since 2020, ACLEDA Bank has pioneered cross-border QR code payments in response to market needs, enabling seamless and instantaneous transactions across the ASEAN region and partner countries. This includes Singapore (Phase 1: Cambodia Scans SGQR, launched in November 2025), which enables Cambodian users to scan Singapore SGQR codes at RoamQR merchants throughout Singapore. The service promotes the utilization of national currencies for payments across ASEAN, enhances financial inclusion, and supports the integration objectives of the ASEAN Economic Community. The KHQR-SGQR interoperability exemplifies Cambodia's advancements in digital banking, with ACLEDA Bank leading successful implementations throughout the region.
This launch involves key collaborators, including ACLEDA Bank in Cambodia and Liquid Group Pte. Ltd., supported by intermediary banks such as United Overseas Bank Limited and DBS Bank Ltd. in Singapore. Together, under the robust regulatory frameworks of the NBC and MAS, we have established a secure, interoperable infrastructure that enhances regional digital financial connectivity.
Phase 2 empowers Singaporeans visiting Cambodia to pay for goods and services effortlessly using their mobile banking apps to scan KHQR codes at merchants nationwide. This innovation simplifies transactions, enhances security, benefits tourists and businesses, promotes currency stability, streamlines operations, and reduces costs.
ACLEDA Bank committed to expanding these services to additional ASEAN countries, advancing bank’s mission of innovation and financial prosperity.
About ACLEDA Bank Plc.
ACLEDA Bank has 4 subsidiaries including ACLEDA University of Business Co., Ltd.; ACLEDA Securities Plc.; ACLEDA Bank Lao Ltd.; and ACLEDA MFI Myanmar Co., Ltd. and a representative office in the Republic of the Union of Myanmar. By the end of December 2025, ACLEDA Bank had US$11.8 billion in total assets and US$9.18 billion in total savings deposits with over 6.19 million customers.
Currently, ACLEDA BANK had more than 0.78 million business partners and 5.67 million ACLEDA Mobile subscribers for ACLEDA Super App.
Mr. Phal Sokchamroeun, Head of Marketing Division of ACLEDA Bank Plc.
Phone: 015 800 903
E-mail: phal.sokchamroeun@acledabank.com.kh
