[Khmer Times]: Indian travellers visiting Cambodia can now make payments using the Unified Payments Interface (UPI) at more than 4.5 million merchant outlets across the country, following the launch of UPI acceptance through Cambodia’s national QR code system, KHQR.

The launch was formalised yesterday at a ceremony in Phnom Penh attended by Chea Serey, Governor of the National Bank of Cambodia, along with representatives from the Reserve Bank of India.

Under the arrangement, Indian users can scan Bakong’s KHQR—Cambodia’s interoperable national QR code system—and make payments directly through their UPI-enabled mobile applications at tourist destinations, restaurants, retail stores and other merchant establishments.

In the next phase of the initiative, Cambodian visitors to India will be able to use their domestic banking and payment applications to make payments at millions of UPI QR-enabled merchant locations, creating a two-way interoperable digital payment corridor between the two countries.