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payment service within the year. UnionPay cardholders will be able to pay online at a number of well-known local shopping websites, food delivery websites, taxi app and other e-commerce platforms.
Shi Wenchao said that in line with Cambodia's vigorous development of the digital economy, we actively promoted the launch of innovative products such as UnionPay mobile payment and online payment. UnionPay is accelerating the layout of overseas mobile payment products, and by providing flexible and innovative payment solutions to cooperative institutions, it will continue to expand the scope of overseas use of “UnionPay” app, and also provide mobile payment services for overseas cardholders to meet their diversified payment needs.
Khov Boun Chhay said that the launch of UnionPay QR code payment in Cambodia will bring a new generation of payment methods to local merchants and residents, facilitating the innovation of payment service in Cambodia. Cambodia is accelerating the creation of a digital payment environment. It is believed that the convenient, fast and secure UnionPay QR code payment will have a broad market space locally.
At present, the scope of “UnionPay” app has been expanded to 40 overseas countries and regions, and SEA is the “demonstration zone” for UnionPay QR code payment. Singapore, Malaysia, Vietnam, and Thailand have all launched UnionPay QR code payment service. There will be tens of thousands of merchants who will enable QR code payment service in SEA within the year. Cardholders in Singapore, Thailand, Vietnam, etc. can also download the mobile payment app and add their locally issued UnionPay card to pay at all merchants who support UnionPay QR code payment service globally.