Spread the word.

Share the link on social media.

Share
  • Facebook
Have an account? Sign In Now

Sign Up Sign Up

Login with Google Login with LinkedIn
or use

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Login with Google Login with LinkedIn
or use

Forgot Password?

Don't have account, Sign Up Here

Forgot Password Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Login with Google Login with LinkedIn
or use

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Angkor Times Logo Angkor Times Logo
Sign InSign Up

Angkor Times

Angkor Times Navigation

    • Business
      • Business Policies
    • Lifestyle
      • Skills
      • Travel
        • Phnom Penh
      • Art & Culture
      • Advice for Travelers
    • Tech
      • AI
      • Fintech
    • Course
    • រកប្រាក់
Search
Ask A Question

Mobile menu

Close
Ask A Question
  • Business
    • Business Policies
  • Lifestyle
    • Skills
    • Travel
      • Phnom Penh
    • Art & Culture
    • Advice for Travelers
  • Tech
    • AI
    • Fintech
  • Course
  • រកប្រាក់
  • Home
  • Business Guide
  • Living Guide
  • Tours Guide
  • Learn Khmer
  • Public Holidays
  • Emergency
  • Help

Angkor Times Latest Questions

Angkor Times
Angkor TimesExperienced
Asked: March 24, 20222022-03-24T16:24:07+07:00 2022-03-24T16:24:07+07:00In: Make Money

Why Cambodia’s Mobile Payment Transactions Skyrocket In 2021?

Why Cambodia’s Mobile Payment Transactions Skyrocket In 2021?

AKP Phnom Penh, March 24, 2022 —

Number of mobile payment users in Cambodia saw an increase by 42 percent to 13.6 million in 2021, according to the National Bank of Cambodia (NBC), explaining that COVID-19 situation has encouraged more people to use electronic payments.

NBC’s figures show that in 2021, there were in total 13.6 million mobile payment users, up from 9.5 million in 2020.

The mobile online payment transactions were 707.57 million in 2021, a year-on-year increase of 52.9 percent, of which 157.63 million transactions were in KHR.

The total online payment transactions were amounted to US$113.67 billion last year, up from US$95.31 billion in 2020.

FinTech companies opening up and the trend to use mobile payments due to pandemic are the main factors driving the growth in mobile payments, H.E. Ms. Chea Serey, Assistant Governor and Director General of Central Banking of NBC underlined.

“COVID-19 situation has encouraged more people to use mobile/electronic payments rather than cash,” she said.

“Younger generations tend to use more modern methods such as online payments rather than paying by cash,” she continued.

As of 2021, there were 69 financial institutions providing mobile payment services in Cambodia.

Credit: http://www.information.gov.kh

  • 0
    Facebook
Cambodia financial technologyCambodia mobile paymentsCambodian e-payment surgeCashless payments riseContactless payment growthdigital economy in cambodiaDigital transactions CambodiaE-commerce in CambodiaFintech impact CambodiaMobile banking statisticsMobile money transactionsMobile Payment in CambodiaMobile payment trends 2021mobile payment users in CambodiaMobile wallets in CambodiaOnline transactions CambodiaPayment apps popularityPayment technology growth
  • 0 0 Answers
  • 0 Followers
  • 0
  • Share
    Share
    • Share on Facebook
    • Share on Twitter
    • Share on LinkedIn
    • Share on WhatsApp

Related Questions

  • How Will the Phnom Penh–Siem Reap–Poipet Expressway Boost Local and Regional Business?
  • What is Cambodia’s National AI Strategy? Why Does It Matter for Your Business?
  • What Is the National Single Window System, and How Can It Streamline Trade Procedures in Cambodia?
  • What options can Cambodia explore to find a way out of Trumpism?
  • Cambodia’s E-Commerce Surge: A 2025 Snapshot for Business Leaders
  • What is a Reciprocal Tariff?
  • How do US tariffs affect Cambodia?
  • How to Prepare Yourself to Start a Business Before Quitting Your Job
  • How the Kra Canal Could Impact Cambodia’s Logistics System and Economy?
  • Why Are These 7 Hidden Gems in Cambodia a Goldmine for Business?
Leave an answer

Leave an answer
Cancel reply

Browse

Choose from here the video type.

Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

Join Angkor Times Community for the Daily Digest Facebook: https://www.facebook.com/groups/angkortime Linkedin: https://www.linkedin.com/groups/6922931/

Sidebar

  • Most visited
  • Why Pubstreet in Siem Reap popular? What can I do there ?

  • How do I earn 5k-6k a month from YouTube in Cambodia?

  • Who are the Richest Persons in Cambodia?

  • Why do people buy verified Facebook account or page in Cambodia?

  • What are the best businesses to start in Cambodia?

  • Useful links
  • Official Angkor Pass/Ticket
    www.angkorenterprise.gov.kh
  • E-visa Cambodia
    www.evisa.gov.kh
  • Cambodia e-Arrival
    Android App | iOS App
  • Bakong Tourist Apps
    Android App | iOS App
  • Online Busienss Registration
    Business Registration System

Explore

  • Home
  • Business Guide
  • Living Guide
  • Tours Guide
  • Learn Khmer
  • Public Holidays
  • Emergency
  • Help

Footer

Angkor Times

Angkor Times – Your Guide to Doing Business & Living in Cambodia! Angkor Times is the #1 Cambodia Travel and Business forum, and social community for businessmen, professionals, and expats. It’s a place for businessmen, professionals, and expats to ask questions and answer them with the community!
Website Development Service

© 2025 Angkor Times.
Powered by Angkor Times Team