reader Posted November 12, 2024 Posted November 12, 2024 From Fintech News The National Bank of Cambodia (NBC) has launched the Bakong Tourists app in collaboration with Mastercard at a ceremony in Phnom Penh. The app simplifies digital payments for international tourists visiting Cambodia. Tourists can download the app upon arrival and seamlessly top up their Bakong accounts using their Mastercard issued in their home countries. This allows them to scan KHQR codes and pay at over 3.3 million merchants across Cambodia, a major advantage in a country where only 60,000 POS machines accept card payments. The app is available for download on the Google Play Store and Apple App Store. 10tazione, splinter1949, vinapu and 1 other 4 Quote
Keithambrose Posted November 12, 2024 Posted November 12, 2024 10 hours ago, reader said: From Fintech News The National Bank of Cambodia (NBC) has launched the Bakong Tourists app in collaboration with Mastercard at a ceremony in Phnom Penh. The app simplifies digital payments for international tourists visiting Cambodia. Tourists can download the app upon arrival and seamlessly top up their Bakong accounts using their Mastercard issued in their home countries. This allows them to scan KHQR codes and pay at over 3.3 million merchants across Cambodia, a major advantage in a country where only 60,000 POS machines accept card payments. The app is available for download on the Google Play Store and Apple App Store. Sounds useful. Quote
10tazione Posted November 12, 2024 Posted November 12, 2024 No ratings yet in google play store, but eventually I might be able to try it out soon. Quote
vinapu Posted November 14, 2024 Posted November 14, 2024 If you top it up from Mastercard likely it will be treated as cash advance and interest will be carded from day 1. I can't see this being, to put it mildly, my preferred option. Quote
roughjock Posted Thursday at 05:10 PM Posted Thursday at 05:10 PM On 11/14/2024 at 8:15 PM, vinapu said: If you top it up from Mastercard likely it will be treated as cash advance and interest will be carded from day 1. I can't see this being, to put it mildly, my preferred option. It is not treated as a cash advance, it is posted as a transaction similar as if you purchased App Store credit on your iPhone or reloaded a gift card balance. Reminder that if you have a Thai bank account, or one of many other Southeast Asian banks, you can use QR payments easily that way as well. vinapu 1 Quote
vinapu Posted Friday at 11:51 AM Posted Friday at 11:51 AM 18 hours ago, roughjock said: It is not treated as a cash advance, it is posted as a transaction similar as if you purchased App Store credit on your iPhone or reloaded a gift card balance. That is good news and thank you for clarifying this for us. Still my concern is not how I will pay but where money for that payment will come from. Tea is not getting sweeter just because is stirred. roughjock 1 Quote
