The two sides will seek to connect their respective platforms not only to offer mobile payment services, but also to develop new financial products for local customers, according to the bank.
Pi Pay is one of Cambodias biggest mobile payment companies, with over 250,000 users who can settle transactions at 3,500 local retail stores via its application. KB Kookmin Bank Cambodia opened in 2009 through the launch of its headquarters in Phnom Penh.
KB Kookmin Bank said the banks Liiv digital platform will be connected to Pi Pay, enabling the bank to join Pi Pays local retail network. Therefore, they will create products that will be offered via the two platforms.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.