ABA Bank partners with DKSH Cambodia to enhance digital payments collection

ABA Bank, country’s largest commercial bank¹, and DKSH Cambodia, the leading Market Expansion Services provider, entered a partnership to integrate ABA PayWay's QR API solution with DKSH Cambodia's innovative mCollector app. This collaboration streamlines DKSH Cambodia's digital payments collection process, eliminating the need for physical bills.

DKSH Cambodia empowers businesses seeking to expand their reach, offering solutions for companies to establish or grow their presence in the Cambodian market. The mCollector app simplifies the collection process by auto-generating ABA KHQR upon payment requests. Customers can then scan the generated ABA KHQR using any banking application and conveniently complete their payments to DKSH Cambodia.

This integration eliminates manual data entry and ensures faster and more secure transactions. It marks a significant stride towards a more digital and efficient collection process in Cambodia.

“We are excited to partner with DKSH Cambodia to provide their customers with a seamless and secure digital payment experience,” said Zokhir Rasulov, Chief Digital Officer of ABA Bank. “This collaboration marks another important milestone for ABA in fostering innovation, driving financial inclusion in Cambodia, and empowering businesses like DKSH.”

“By streamlining their B2B payment processes with ABA PayWay, DKSH can focus on their core business,” Rasulov added.

Chansoyavatey Thoun, Director of Country Finance, DKSH Cambodia, commented, “As a leading market expansion service, we continuously strive to improve our services for our partners and customers. Integrating ABA PayWay QR API with mCollector allows us to offer our customers a faster and more convenient payment option.”

_{About DKSH Cambodia
DKSH’s purpose is to enrich people’s lives. For almost 160 years, DKSH has been delivering growth for companies in Asia and beyond across its Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, DKSH offers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 29,040 specialists, generating net sales of CHF 11.1 billion in 2023. In Cambodia, DKSH has more than 70 years of experience. Today, DKSH is one of Cambodia’s leading business organizations and as such the trusted partner for companies looking to grow their business in this market. www.dksh.com}

_{¹ ABA Bank is the largest commercial bank in Cambodia in terms of total assets, gross loans, customer deposits, and profitability based on the National Bank of Cambodia’s Annual Supervision Report 2021-2023.}