Phnom penh: Visa (NYSE: V), a global leader in digital payments, on July 2 announced the expansion of its card acceptance services at Makro stores in Phnom Penh and Siem Reap. This significant development advances the digital payments ecosystem in Cambodia, offering enhanced payment options for both consumers and tourists.
According to Agence Kampuchea Presse, this initiative not only benefits local consumers but also caters to tourists visiting Cambodia, facilitating more ways to pay and contributing to the growth of the tourism sector, which is vital for the country's economic development.
'In line with the Royal Government of Cambodia's vision for a digitally connected economy, Visa is committed to driving card acceptance across the Kingdom. This initiative underscores our dedication to uplifting the lives of Cambodians by offering diverse and convenient payment options, and fostering an inclusive financial environment for everyone. Our collaboration with Makro is a testament to our commitment to boosting tourism growth and contributing to a more prosperous and inclusive financial ecosystem for all,' said Ms. Lisa Sargent, Country Manager, Visa Cambodia.
"We are thrilled to collaborate with Visa to expand digital payment options for our customers. This collaboration is a crucial step toward providing a seamless shopping experience and aligns with our commitment to offering greater convenience and choice. By embracing digital payments, we are not only enhancing the shopping experience but also supporting the broader development of Cambodia's digital economy," said Ms. Anatta Thalangdee, Managing Director of MAKRO Cambodia.
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Its mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. It believes that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement.