Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Financial Technology»Cambodians Can Make QR Payments in Japan Using Bakong, Local Banking Apps
    Financial Technology

    Cambodians Can Make QR Payments in Japan Using Bakong, Local Banking Apps

    FintechFetchBy FintechFetchJuly 7, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Free Newsletter

    Get the hottest Fintech Singapore News once a month in your Inbox

    Cambodians can now make payments in Japan by scanning JPQR codes with local apps such as Bakong or supported mobile banking platforms.

    This follows the official launch of a cross-border QR payment link between the two countries.

    The launch was announced at a ceremony in Osaka on 4 July 2025, attended by H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia, and Ezawa Masana, Deputy Director General from Japan’s Ministry of Economy, Trade and Industry.

    This marks the initial phase of the cross-border initiative, enabling QR payment interoperability between Cambodia’s KHQR and Japan’s JPQR systems.

    The effort is part of a broader collaboration between the National Bank of Cambodia and the Payments Japan Association, which signed a memorandum of understanding in April 2025 to implement the system.

    The Payments Japan Association was designated as the project operator and is overseeing the rollout.

    The initiative builds on an earlier cooperation agreement signed in December 2023 focused on unified QR code-based payments.

    Dr. Chea Serey
    Dr. Chea Serey

    H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia, said,

    “This initiative underscores Cambodia’s advancement in establishing a digital infrastructure for cross-border transactions, fostering collaboration and mutual growth. It is more than a technical breakthrough; it serves as a bridge between our cultures, our economies, and our people.

    It reflects our dedication to harness technology for sustainable and inclusive growth—and to ensure that Cambodians are fully equipped to participate in the global digital economy.”

    Fukuda Yoshio, General Director of Payments Japan Association, added,

    “We hereby express our profound appreciation to all stakeholders who supported the realization of this initiative, with particular gratitude to the governments of both Cambodia and Japan. Today’s announcement marks a pivotal step in this endeavor.

    We anticipate that this linkage will contribute to the increase of cross-border exchanges beyond payment, creating connections and networks that would enable continued growth and prosperity for Cambodia and Japan.”

     

     

    Featured image: Edited by Fintech News Singapore, based on image by National Bank of Cambodia’s LinkedIn post 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleGet the 7 Best MS Office Programs for Only $20
    Next Article Zopa Bank to Open Manchester Office as Part of UK Expansion Plan
    FintechFetch
    • Website

    Related Posts

    Financial Technology

    Thai Google Play Users Can Now Use KASIKORNBANK’s App for In-App Purchases

    July 31, 2025
    Financial Technology

    Osome and Aspire Integration Helps Founders Reclaim Hours Lost to Financial Admin

    July 31, 2025
    Financial Technology

    Can Boost Become Southeast Asia’s Next Fintech Champion?

    July 31, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    I Use the 6-Week Sprint Method For Better Product Development — and More. Here’s Why You Need It, Too.

    February 12, 2025

    Here’s What It Really Takes to Lead a Bootstrapped Business

    May 11, 2025

    Orderly Announces Retroactive 2.3M $esORDER Available to Claim for Solana Traders

    May 9, 2025

    ETH Steals the Spotlight, BNB Taps New Record, BTC Cools Off: Your Weekly Crypto Recap

    July 25, 2025

    Binance to Delist Nine Non-MiCA Stablecoins in Europe, Including USDT And DAI

    March 3, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Monero (XMR) Up 50%, Here’s The Real Reason Why XMRUSDT Is Pumping

    April 29, 2025

    40 and no pension? Here’s what £400 a month in a Stocks and Shares ISA could become

    February 10, 2025

    Is a Major Ripple v. SEC Lawsuit Development Expected This Week? Here’s Why

    February 26, 2025
    Our Picks

    Here Are the Best Strategies for Owning Multiple Franchises

    July 31, 2025

    White House Lays Out Detailed Crypto Policy Blueprint

    July 31, 2025

    Spot Bitcoin ETFs See Inflows 29 of 33 Days

    July 31, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.