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Amret officially launches cross-border payment scanning service between Cambodia and Thailand through Amret Mobile

May 30, 2024

On June 01, 2024, Microfinance Institution “Amret” announced the official launch of QR Code cross-border payment scanning service with Thai merchants through Amret Mobile in order to join the National Bank of Cambodia in Promote the wider use of the riel for other payments in the region.

 

All Amret customers who traveling to Thailand can use Amret Mobile to scan payments from Riel accounts with Thai Merchant QR with Prompt Pay logo anywhere in Thailand easily, quickly, securely and conveniently. Free of charge with up to 10 million Riel per day. PromptPay QR is a standard QR Code payment system in Thailand that allows all Amret Mobile customers to scan and pay at more than 7 million locations across Thailand using PromptPay QR Thailand from five banks, Kasikornbank. (KBank), Siam Commercial Bank (SCB), Bangkok Bank, Krungthai Bank, Bank of Ayudhya and other banks to be launched later.

 

The provision of payment scanning services with merchants in Thailand is part of Amret's expansion of the digital financial services ecosystem to overseas, especially in the region, to provide convenience and security to customers through payment through Amret Mobile.  Amret is committed to further expanding the ecosystem of digital financial services to its clients to contribute to improving the financial environment and supporting the government's long-term strategy on "Digital Economic and Social Policy Framework 2021". "2035".

 

About Amret

Amret is now proud to be one of the top 10 financial institutions in Cambodia that has a positive impact on society. Amret has been serving more than 600,000 clients, low-income farmers, small and medium enterprises. Amret has 150 branches in 24 capitals and provinces throughout the country and has more than 4,700 employees. Amret has assets of nearly US $ 2 billion and deposits of nearly US $ 1 billion. Amret is a subsidiary of Advans Group, a microfinance investment company with operations in 10 countries around the world. In addition, Amret has two other major shareholders (shareholders): the International Finance Corporation (IFC), an investment subsidiary of the World Bank, and the Investment Bank of the Netherlands (FMO).

 

 

 

 

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