Banking made more accessible

October 30th, 2012 , The Phnom Penh Post

The largest bank in Cambodia, Acleda Bank Plc, has extended its mobile banking and payments service to consumers without an existing banking relationship of any kind, according to a press release by global technology provider Fiserv.

Established in 2010, Acleda Unity now reaches untapped consumer segments using the Mobiliti Reach platform from Fiserv, enabling people without an Acleda bank account to have access to banking services. …

Acleda Unity users can transfer money by sending a text message and with a pin code the receiver can either pick up the cash from an ATM or go to a counter to get the money.   …

By Anne Renzenbrink, P. 7
http://www.phnompenhpost.com/index.php/2012103059461/Business/banking-made-more-accessible.html

Mobile phones could replace credit cards

July 12th, 2012 , The Phnom Penh Post

Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal.

Near-field communications (NFC) technology will be the next addition to WING’s mobile platform to be used for smaller payments, such as purchasing a cup of coffee, as the company tests the service later this year, according to WING chief operations officer Anthony Perkins.

“What we really want to tackle here is near-field communication like the Oyster Card in London or similar services offered in Japan and Australia,” he said. …

Gregory Pellechi
http://www.phnompenhpost.com/index.php/2012071257365/Business/mobile-phones-could-replace-credit-cards.html