Cambodian central bank, UnionPay sign deal on cross-border payment

STORY: Cambodian central bank, UnionPay sign deal on cross-border payment DATELINE: July 11, 2023 LENGTH: 00:03:34 LOCATION: Phnom Penh CATEGORY: ECONOMY SHOTLIST: 1. exterior building of the National Bank of Cambodia 2. various of the MoU signing ceremony on cross-border QR code payment cooperation 3. SOUNDBITE 1 (English): CHEA SEREY, Deputy governor of National Bank of Cambodia 4. SOUNDBITE 2 (English): LARRY WANG, Vice president of UnionPay International STORYLINE: The National Bank of Cambodia (NBC) and UnionPay International (UPI), a subsidiary of China UnionPay, signed a Memorandum of Understanding (MoU) Monday on cross-border QR code payment cooperation. The deal was inked in Phnom Penh between the Cambodian central bank's Director General Kimty Kormoly and UnionPay International Vice President Larry Wang, under the presence of NBC Deputy Governor Chea Serey. Serey said under the MoU, some 10 million KHQR users in Cambodia will be able to directly scan UnionPay QR Code in China this year. KHQR i

CAMBODIA-PHNOM PENH-UNIONPAY-COOPERATION MOU

CAMBODIA-PHNOM PENH-UNIONPAY-COOPERATION MOU

(230711) -- PHNOM PENH, July 11, 2023 (Xinhua) -- The National Bank of Cambodia (NBC)'s Director General Kimty Kormoly (R, front) and UnionPay International Vice President Larry Wang (L, front) sign a Memorandum of Understanding in Phnom Penh, Cambodia, on July 10, 2023. The NBC, Cambodia's central bank, and UnionPay International signed the Memorandum of Understanding (MoU) Monday on cross-border QR code payment cooperation. (Photo by Phearum/Xinhua)