Phnom Penh, 18 February 2025 – LOLC Cambodia has enhanced its QR
payment solution, LOLC KHQR, by integrating Alipay+, a global
cross-border digital payment platform. This new feature enables
merchants across Cambodia to seamlessly accept payments from
international customers, particularly Chinese tourists, using their
preferred digital wallets.
With this integration, businesses can now receive payments from multiple
international e-wallets, including Alipay (China), AlipayHK (Hong Kong
SAR), GCash (Philippines), Touch 'n Go eWallet (Malaysia), and more.
This advancement eliminates the need for currency exchange, enhances
transaction security, and simplifies cross-border payments, making
Cambodia a more attractive destination for global visitors.
Merchants using LOLC KHQR now gain access to a broader international
customer base while enjoying these key benefits:
-
Earn 3% Interest Per Annum – Securely store your income
in LOLC savings account and earn a competitive 3% annual interest
rate.
-
Instant Payment Notifications – Get real-time alerts via
Telegram notification and payment history in LOLC Merchant App for
better transaction tracking.
-
Easy & Convenient – Merchants can display LOLC KHQR as a
sticker, card, or stand at their business locations, allowing
international customers to pay instantly with a simple scan.
“By integrating Alipay+, we are strengthening Cambodia’s digital economy
and providing merchants with a seamless way to connect with
international customers. This collaboration streamlines cross-border
transactions, supports Cambodia’s transition to a cashless society, and
benefits both businesses and travelers,” said Mr. Sok Voeun, CEO of LOLC
Cambodia.
With Cambodia expecting 7 million international tourists by 2025, this
enhancement to LOLC KHQR ensures that businesses can cater to the
growing number of foreign visitors. Tourists can now pay in their home
currency using familiar mobile wallets, with the system automatically
handling currency conversion. This seamless experience enhances customer
satisfaction and helps drive more sales for merchants.
Get LOLC KHQR for Free Today! by contacting 023 991 991 or visiting the
nearest LOLC Cambodia branch.
Publish date: February 18, 2025