‘E-payments will be in riel, not yuan in Cambodia’

A senior official of National Bank of Cambodia (NBC) yesterday made a clarification that Chinese people who visit the country will be able to make electronic payments in riel, “not yuan”, by scanning the KHQR code with the QR codes of UnionPay, WeChat and AliPay – which is most likely to come into effect by next year.

Amid misreporting on the MoUs signed last week, the official during a press meet at SOSORO—Cambodia’s Museum of Economy and Finance—in Daun Penh district of Phnom Penh, attended by over 50 participants including central banking officials and journalists, the official broke down the core objectives of MoU in simpler terms.

Source: https://www.khmertimeskh.com/501326131/video-e-payments-will-be-in-riel-not-yuan-in-cambodia/