Digital Payments the ‘New Normal’ During Lockdowns

With Cambodia registering hundreds of new COVID-19 cases daily, the public is increasingly turning away from cash payments to avoid face-to-face interactions.

Last week, the Microfinance Association of Cambodia (MAC) and the National Bank of Cambodia (NBC) discouraged the use of physical currency to help curb the spread of the pandemic – “Banking and financial institutions encourage customers and the public to pay electronically to avoid holding banknotes directly as it could pose a risk,” MAC said.