The Association of Banks in Cambodia (ABC) together with International Card Schemes—VISA, Union Pay International Cambodia and MasterCard, signed the Memorandum of Understanding (MoU) to extend the access of the contactless EMV chip standards, to strengthen the domestic payment ecosystem, to support the Cambodian Shared Switch (CSS) network as well as CSS Co-Badge.

The MoU signing ceremony is presided over by H.E Dr. Chea Serey, Assistant Governor and Director-General of Central Banking at the National Bank of Cambodia, accompanied by Dr. In Channy, Chairman of the Association of Bank in Cambodia, Ms. Monika Chum, Country Manager of Visa, Ms. Leang Chenda, Country Manager of Union Pay International Cambodia, and Mr. Sophal Tek, Director Country Business Development Cambodia and Laos of MasterCard.