KB to develop cross-border QR payment system with Cambodian central bank
National Bank of Cambodia Governor Chea Serey, front row left, poses with KB Kookmin Bank CEO Lee Jae-keun, front row right, after signing an MOU for the development and operation of a cross-border QR payment system at the Korea Chamber of Commerce and Industry in Seoul, Friday. Cambodia's Prime Minister Hun Manet, second row second from left, and Trade Minister Ahn Duk-geun, second from right, along with other officials, also attended the event. KB Kookmin Bank announced it will strengthen cooperation with the central bank and contribute to expanding the payment market in both countries. Tourists and workers visiting either country are expected to experience enhanced convenience, as the system will enable payments through a mobile banking platform without the need for further foreign currency exchange. Courtesy of KB Kookmin Bank
May 17, 2024By Lee Yeon-woo
