Banking Associations Call Cashless Transaction to Curb COVID-19

Three leading banking associations have called on online banking payments among Cambodians – the move to contribute to containing the spread of COVID-19 in Cambodia.
The Association of Banks in Cambodia, Cambodia Microfinance Association, and Cambodian Association of Finance and Technology made the call in a joint statement released yesterday as the Royal Government is battling against the local COVID-19 infection.
The urge comes after studies and experts have proved that transaction settlement using cash or banknotes can be a quick way of COVID-19 virus transmission.
While pushing through the cashless transaction, continued the statement, the banking and microfinance associations are working with the National Bank of Cambodia to facilitate inter-bank payment more convenient, fast, safe and with very reasonable charge.
The banking associations also encouraged the public to download e-transaction settlement apps to use.
Driven by the local infection cases, Cambodia’s national tally is now 354 and 307 of them were cured and discharged from the hospital.

Source: Agency Kampuchea Press