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RHB Indochina partners Pi Pay to offer cashless payment service in Cambodia

The Edge logo The Edge 7/3/2019 Bernama
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KUALA LUMPUR (March 7): RHB Banking Group (RHB) announced today that its unit, RHB Indochina Bank Ltd, has partnered Pi Pay to provide Cambodians with a free cashless payment platform.

The platform will allow RHB Indochina's account holders to transfer funds at zero fees into Pi Pay, via RHB Mobile Banking App, to pay for goods and services, RHB said in a statement today.

Pi Pay, it said, is an authorised provider for Alipay, WeChat and UnionPay, and provides a safe and efficient

payment gateway for Cambodia’s millions of tourists in hotspots such as Siem Reap and Sihanoukville.

"RHB is pleased to be able to collaborate with Pi Pay, to offer a more versatile solution to our customers in Indochina. Through this collaboration, we aim to strengthen our digital footprint in Indochina and establish more accessible and connected payment systems that drive a cashless environment.

"As a digital centric bank, we aim to provide simple, fast and seamless customer experiences that will change the dynamics of banking in the region and empower customers with digitalised services,” said RHB's head of group international business, Datuk Adissadikin Ali.

“Today is yet another example of Pi Pay seeking to expand Cambodia’s cashless landscape in an effort to provide users a convenient platform to pay for goods and services.

"Since the launch in 2017, we are always looking to make it as convenient as possible for users to channel money to their Pi Pay wallets. For this we have formed several partnerships with key financial institutions including ABA Bank, Sathapana, and AMK, with others to be announced shortly. I am very happy to add RHB Bank to this list today,” said Pi Pay's chief executive officer, Tomas Pokorny.

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