About
Bakong is Cambodia's national real-time payment system, built and operated by the National Bank of Cambodia (NBC) and launched in October 2020. Banks, microfinance institutions and payment firms connect as members (63 in 2025), so a customer of one app can pay or transfer instantly to a customer of another, including by scanning a KHQR code, the national QR standard. KHQR is linked with QR systems in Thailand, Laos, Vietnam, Malaysia and South Korea. Bakong processed 1.33 billion transactions in 2025, of which 771 million were in riel and 554 million in US dollars.
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