Loading...
News
ABA Bank debuts Cash by Code service in Cambodia
Wednesday, August 10, 2016
View Showroom
By ATMmarketplace.com
Compass Plus has announced that ABA Bank, in Cambodia, has launched E-Cash, an ATM withdrawal service.
The service allows users to transfer money to by sending a code that can be entered into any of the bank’s 140 ATMs within the country. Funds are available at any time, according to a release.
“Being able to send money easily and conveniently to areas where …banking services [are] extremely low is crucial in Cambodia, as many people work away and need to send money regularly to relatives. There was a strong need for creating an easy and secure channel to transfer money to unbanked people in rural areas,” said Sanzhar Abdullayev, Chief Card’s and E-Services Officer at ABA Bank.
Compass Plus has announced that ABA Bank, in Cambodia, has launched E-Cash, an ATM withdrawal service.
The service allows users to transfer money to by sending a code that can be entered into any of the bank’s 140 ATMs within the country. Funds are available at any time, according to a release.
“Being able to send money easily and conveniently to areas where …banking services [are] extremely low is crucial in Cambodia, as many people work away and need to send money regularly to relatives. There was a strong need for creating an easy and secure channel to transfer money to unbanked people in rural areas,” said Sanzhar Abdullayev, Chief Card’s and E-Services Officer at ABA Bank.
Additional Resources from ATM Industry Association
- 5/1/2024 - ATMIA: The Best of April
- 4/30/2024 - Less Impressed, More Involved
- 4/26/2024 - Time to Take Action! Support the Crime Bill - We Need You!
- 4/23/2024 - ATMIA Unveils Strategic Collaboration with Reconnaissance International to Elevate Intelligence & Networking Services to the ATM & Currency Industries
- 4/21/2024 - Fight Against Cashless Economy:
- Show All ATM Industry Association Press Releases / Blog Posts
Email
Social Media
Bookmark ATMIA.com
RSS