mVisa Starts Cambodia’s New Page of Online Payment Settlement

AKP Phnom Penh, Cambodia is on the threshold of bringing online payment settlement to the next level � the move that will be both safer and more efficient.

The milestone could be felt following an introduction of a new transformative way to pay and accept payment with smartphone, namely mVisa by world-known financial services corporation Visa.

According to Mr. Sean Preston, Visa's Country Manager for Vietnam, Cambodia and Laos, his firm is working with banks and business owners in Cambodia to introduce mVisa to the market.

The online payment model, he added, does not only ease payment settlement, but also facilitate fast, convenient and safe money transfers.

The model is appropriate for Cambodian market thanks to the increasing access to smartphone and internet as well as the locals' enthusiasm for new technology.

Source: Agency Kampuchea Press