Central Banking

Thailand and Cambodia join forces on QR code network

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The Bank of Thailand and National Bank of Cambodia are developing a pilot project to enable better payment linkages between the two countries.

Thailand will help Cambodia establish and develop a QR code framework for retail payments, according to a joint statement from the two countries.

“The [memorandum of understanding] aims to enhance the collaboration on financial innovations and payment services to promote more efficient and secured domestic and cross-border payment transactions, as well

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