TenPay Global and the National Bank of Cambodia have agreed to work on linking KHQR with Weixin Pay to streamline digital payments across the two countries.
The partnership sets out a framework to connect Cambodia’s Bakong system with China’s Weixin Pay network.
Both institutions aim to make transactions between the two markets faster and easier, including support for outbound and inbound remittances.
TenPay Global is the cross-border payments arm of Tencent’s fintech division and provides business and consumer payment solutions across multiple markets.
Dr. Chea Serey, Governor of the National Bank of Cambodia, said,
“The collaboration between the NBC and TenPay Global represents a major step forward in strengthening cross-border payment connectivity and driving financial innovation.
It contributes to greater financial inclusion, improves payment efficiency, promotes the use of local currencies, and supports ongoing digital transformation while fostering economic exchange between Cambodia and China.”
Daniel Hong, Vice President of Tencent Financial Technology, said,
“By working together with global partners, we are enabling users to use their home wallets anywhere in the world conveniently, securely, and with the same confidence they have at home.
In doing so, we are shaping a trusted and connected payment ecosystem that delivers real value to consumers and unlocks new opportunities for global commerce.”
The agreement was signed during the Singapore Fintech Festival 2025.
