NPCI Arm Ties Up With ACLEDA Bank of Cambodia to Enable QR Code-Based Payments

ENA Global 2025-12-04 13:27:47 Mumbai, Dec 4 (KNN) NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with ACLEDA Bank Plc of Cambodia to enable Indian travellers to make QR code-based payments in the Southeast Asian country. Similarly, Cambodian travellers will also be able to make payments by scanning QR codes in India. ACLEDA Bank has been nominated as the operator for Cambodias national QR network, Bakong (KHQR) by National Bank of Cambodia and will work with NIPL to enable Unified Payments Interface (UPI) acceptance across Cambodia and KHQR acceptance across India. The partnership will offer Indian and Cambodian travellers the convenience of making QR code-based payments seamlessly across tourist attractions, restaurants, retail outlets and other establishments, NPCI said in a media release on Thursday. The release stated that Indian tourists in Cambodia will now be able to use their UPI enabled apps to make merchant payments easily at more than 4.5 million KHQR merchant touch points. Similarly, Cambodian tourists in India will be able to scan more than 709 million UPI QRs to make merchant payments conveniently using their Cambodian payment apps. The collaboration will support businesses in both countries by offering a secure, interoperable, and frictionless payment experience via UPI and KHQR, significantly enhancing convenience for consumers in both markets, it noted. Ritesh Shukla, MD & CEO, NPCI International said that enabling UPI and KHQR acceptance across both countries would make travel simpler and empower consumers with trusted and familiar payment options. This partnership reflects our commitment to expanding secure, inclusive, and scalable digital payments on a global scale, he said. Dr. In Channy, President & Group Managing Director of ACLEDA Bank said that the collaboration with NPCI ensures secure, interoperable payments, allowing Indian consumers and businesses to use their mobile devices to scan QR codes from Cambodian merchants for payment. In addition, this collaboration represents an important step toward regional payment interoperability, aligning with ASEANs vision of advancing inclusive digital economies and fostering financial innovation in digital payments, empowering our customers with fast, affordable, and secure cross-border options that boost trade and tourism for both nations, Dr. Channy added. (KNN Bureau) 44299 https://knnindia.co.in/news/newsdetails/global/npci-arm-ties-up-with-acleda-bank-of-cambodia-to-enable-qr-code-based-payments 2025-12-04 13:27:47 knnindia.co.in NPCI Arm Ties Up With ACLEDA Bank of Cambodia to Enable QR Code-Based Payments