QR Cross Border Payment in other countries - ACLEDA Bank Plc.
Acleda Bank Plc has geared up its process to develop a QR Code for cross-border payment among the Asean (Association of Southeast Asian Nations), said a senior official of the bank. Commissioned by the National Bank of Cambodia (NBC), Acleda Bank Plc will develop a QR Code for cross-border payment between the Kingdom and Vietnam and the Kingdom and Laos, while the bank's QR Code has been already in use in Thailand since it was launched in February 2020. In Channy, President & Group Managing Director of Acleda Bank Plc, said that the central bank has selected ACLEDA to develop QR Code for cross-border payments in two of the ASEAN members--Vietnam and Laos--in addition to Thailand. "When our people who go to these three countries they no longer need to exchange currencies there, but just use direct payment from Acleda QR code," said Channy. (Source: Khmer Times)