Cambodia
Population
Online Population
Banked Population
Top best business solutions in Cambodia
Experts have also systematized the data so that you can choose a payment gateway without wasting time searching for information.
Cambodia today is a real find for those who want to invest or start their own business and marketing. Among the interesting things we can note that:
- Cambodia’s e-commerce revenue is projected to reach approximately USD 1.78 billion by 2027, reflecting steady growth driven by increased mobile usage and digital payment adoption.
- Fashion and apparel are the most popular items purchased online, with the majority of users spending between USD 11 and USD 50 per month on e-commerce platforms.
- Cash on delivery remains a favored method due to trust issues with online payments, though the popularity of digital options is rising due to their convenience.
- Mobile devices account for around 70% of e-commerce website traffic, underscoring the need for mobile-friendly e-commerce platforms.
- Popular platforms include Food Panda for food delivery, Facebook for fashion and cosmetics, and PassApp for ride-hailing.
These indicators directly indicate the prospects of Cambodia, and if you add the constant population growth, the picture becomes complete. However, without a payment gateway in Cambodia, all of this would be impossible, because business must provide convenience.
What role do payment gateways play in Cambodia?
Pay solutions are a must-have tool for running an effective business in Cambodia. Among the tasks performed by payment gateways are:
- Processing. Pay solutions provide fast and secure transactions between buyers and sellers through various methods (cards, e-wallets, cryptocurrency, etc.).
- Encryption and data protection. They protect sensitive user data (card number, personal information) by encrypting information during the transfer of information between the customer and the merchant.
- Transaction authentication. Pay solutions verify payer data and provide additional layers of security, such as two-factor authentication, to prevent fraud.
- Integration with banks. They connect with banks and other financial institutions to approve or reject payments in real time.
- Currency conversion. Pay solutions often perform currency conversion during international transactions, enabling payments in different currencies.
These tasks are only the tip of the iceberg, as it is the payment gateway that gives businesses a key advantage - customer comfort. The high level of competition in the Cambodian market is one of the reasons why the right choice is so important.
Which Cambodia payment gateways are the best
You're still reading, so you're interested in choosing a payment gateway that will fully meet your requirements. Well, there are a lot of interesting payment gateway in Cambodia, but the following ones are particularly noteworthy.
Paykassma
Paykassma
A-Pay
A-Pay
Wing Bank
Wing Bank
Paykassma
Paykassma has been a leading payment processing solution since 2019, serving India, Bangladesh, Indonesia, Vietnam, South Africa, Brazil, and many other countries. Specializing in high-risk payments, Paykassma offers reliable and secure solutions tailored to industries with elevated financial risks.
| Characteristic | Value |
|---|---|
| Requirements | Registered in Cambodia, comply with all local requirements |
| Accepted Methods | Bank transfers, BTC/USDT, Wing transfers |
| Available Countries | Cambodia |
| Supported Currencies | KHR, USD, and some international |
| RequirementsRegistered in Cambodia, comply with all local requirements | |
| Accepted MethodsBank transfers, BTC/USDT, Wing transfers | |
| Available CountriesCambodia | |
| Supported CurrenciesKHR, USD, and some international |
Pros
- Conversion growth: +20%
- Turnover increase: x100 in a week
- 99.9%+ successful transactions
- No rolling reserves
- No holds
- Settlement period: T+0
- 24/7/365 support
Cons
- Restricted to certain payment methods
- Internet connection required for online transactions
iPay88
iPay88, launched in Cambodia in 2016, is a modern payment gateway that integrates with various local banks and popular pay services. If you need something that is both versatile and convenient, then this is the solution. All that is required from the business is to make use of it, and you can offer customers maximum comfort.
| Characteristic | Value |
|---|---|
| Setup Fee | $300 |
| Requirements | Registered business (or in-process registration); stricter requirements for NGOs |
| Accepted Methods | Visa, Mastercard, UnionPay, JCB, Alipay, WeChat Pay, Southeast Asian e-wallets |
| Available Countries | Cambodia, Malaysia, SEA |
| Supported Currencies | KHR, USD, and some international |
| Setup Fee$300 | |
| RequirementsRegistered business (or in-process registration); stricter requirements for NGOs | |
| Accepted MethodsVisa, Mastercard, UnionPay, JCB, Alipay, WeChat Pay, Southeast Asian e-wallets | |
| Available CountriesCambodia, Malaysia, SEA | |
| Supported CurrenciesKHR, USD, and some international |
Pros
- Great versatility for businesses of various sizes
- Can be integrated very quickly
- Works in all niches of the region
Cons
- Limited track record compared to established competitors
- Potential learning curve for new users
Wing Bank
Wing is Cambodia's premier mobile banking service, it was launched back in 2009. The idea of the gateway is simple and clear: mobile comfort for anyone who is willing to spend money. The main feature of this solution is that it works with international solution, which is very advantageous for Cambodia.
| Characteristic | Value |
|---|---|
| Requirements | Registered business in Cambodia |
| Accepted Methods | QR code (KHQR), cashless via Wing App, Wing agents |
| Countries Available | Primarily Cambodia, limited international transfers |
| Supported Currencies | Supported Currencies KHR, USD |
| RequirementsRegistered business in Cambodia | |
| Accepted MethodsQR code (KHQR), cashless via Wing App, Wing agents | |
| Countries AvailablePrimarily Cambodia, limited international transfers | |
| Supported CurrenciesSupported Currencies KHR, USD |
Pros
- The service is available to all entrepreneurs and supports international solution
- Diverse services for financial needs
Cons
- Not suited for those preferring traditional banking
- Requires internet access for online transactions
PayWay
PayWay, by ABA Bank, is a secure online service that allows merchants to accept payments through Visa and MasterCard. In this solution, the main advantage is, of course, the convenience of integration. Thanks to this, you can add the solution to the system very quickly. Your clients will not have to wait long for quality service.
| Characteristic | Value |
|---|---|
| Requirements | Business registration required |
| Accepted Methods | Visa, Mastercard, local mobile |
| Available Countries | Cambodia |
| Supported Currencies | KHR, USD |
| RequirementsBusiness registration required | |
| Accepted MethodsVisa, Mastercard, local mobile | |
| Available CountriesCambodia | |
| Supported CurrenciesKHR, USD |
Pros
- Backed by a trusted bank
- Simple setup process
Cons
- May require an ABA Bank account for full functionality
- Limited to specific pay methods
ACLEDA
Acleda Bank offers a reliable payment gateway built on the MasterCard Internet Gateway Service (MIGS), allowing easy integration with e-commerce platforms. Its strong reputation ensures secure transactions for online merchants.
| Characteristic | Value |
|---|---|
| Requirements | Business registration documents, identification of owner or company manager |
| Accepted Methods | Visa, Mastercard (via MiGS) |
| Available Countries | Cambodia |
| Supported Currencies | Cambodian Riels, USD |
| RequirementsBusiness registration documents, identification of owner or company manager | |
| Accepted MethodsVisa, Mastercard (via MiGS) | |
| Available CountriesCambodia | |
| Supported CurrenciesCambodian Riels, USD |
Pros
- Easy to use
- Trust and security associated with a large bank
Cons
- Limited to MIGS functionalities
- Limited to MIGS functionalities. Regulatory navigation may be required
Cathay United Bank
Cathay United Bank, the first to offer an internet payment gateway in Cambodia, uses MIGS for compatibility with various e-commerce platforms. The cool thing here is that the service supports Visa and MasterCard. This is a must-have option if your target audience consists of tourists or clients from abroad.
| Characteristic | Value |
|---|---|
| Setup Fee | 4.2% per transaction |
| Requirements | Merchant account, local registration, business documents |
| Accepted Methods | Visa, Mastercard, JCB |
| Countries Supported | Cambodia |
| Supported Currencies | KHR, USD |
| Setup Fee4.2% per transaction | |
| RequirementsMerchant account, local registration, business documents | |
| Accepted MethodsVisa, Mastercard, JCB | |
| Countries SupportedCambodia | |
| Supported CurrenciesKHR, USD |
Pros
- Established reputation
- Easy integration with e-commerce
Cons
- High transaction fees
- Potential lag in service features compared to competitors
Pi Pay
Pi Pay combines pay services with social features, offering a user-friendly app that promotes cashless transactions. Thanks to a simple and user-friendly app, this solution works great and increases profit. The client is willing to pay for comfort, and Pi Pay can offer it.
| Characteristic | Value |
|---|---|
| Requirements | Sign up via merchant assessment form; Pi Pay team will assist in the setup process |
| Accepted methods | Mobile wallet payments via Pi Pay. |
| Countries Available | Cambodia |
| Supported Currencies | Pi Network cryptocurrency, Cambodian Riel (KHR), US Dollar (USD) |
| RequirementsSign up via merchant assessment form; Pi Pay team will assist in the setup process | |
| Accepted methodsMobile wallet payments via Pi Pay. | |
| Countries AvailableCambodia | |
| Supported CurrenciesPi Network cryptocurrency, Cambodian Riel (KHR), US Dollar (USD) |
Pros
- Supports cashless transactions
- Comprehensive business and social solution
Cons
- Less recognition among older users
- Limited accessibility without a smartphone
GetLoy
GetLoy is a great integration platform that simplifies connecting various business services. This solution also has a cool plugin for WooCommerce, which is great for those who have a retail business. If you need to sell conveniently in Cambodia, then this is the perfect solution.
| Characteristic | Value |
|---|---|
| Requirements | Local business registration, ABA bank account |
| Accepted Methods | Credit cards, Pi Pay, Wing, donation buttons |
| Available Countries | Cambodia |
| Supported Currencies | KHR, USD, and others |
| RequirementsLocal business registration, ABA bank account | |
| Accepted MethodsCredit cards, Pi Pay, Wing, donation buttons | |
| Available CountriesCambodia | |
| Supported CurrenciesKHR, USD, and others |
Pros
- User-friendly for non-technical users
- Versatile compatibility
Cons
- Does not process payments directly
- May require multiple accounts for different services
PayGo
PayGo offers a convenient platform for Cambodians to pay bills and access services. Despite the presence of fees, the service is still popular because it has earned respect and trust among businesses. If you are looking for a reliable solution, it is right in front of you.
| Characteristic | Value |
|---|---|
| Requirements | Account setup with ID verification |
| Accepted Methods | Visa, MasterCard, Mobile Wallet, PayGo Wallet |
| Countries Available | Cambodia |
| Supported Currencies | KHR, USD |
| RequirementsAccount setup with ID verification | |
| Accepted MethodsVisa, MasterCard, Mobile Wallet, PayGo Wallet | |
| Countries AvailableCambodia | |
| Supported CurrenciesKHR, USD |
Pros
- Convenient online transactions
- Attractive commission structure
Cons
- Potential commission fees
- Requires familiarization with the platform
BongLoy
BongLoy is an API-based solution that connects merchants with local and international payment providers, enabling secure online transactions. To add this solution to your business, you don't need to look for a specialist; it's very simple, and the company will guide you on how to do what you need quickly.
| Characteristic | Value |
|---|---|
| Requirements | API integration, PCI DSS compliance, business based in country |
| Accepted Methods | UnionPay Prepaid Cards, Visa, MasterCard, local country payment methods |
| Countries Available | Primarily country, with international payment support |
| Supported Currencies | Cambodian Riel (KHR), US Dollar (USD), and other international currencies |
| RequirementsAPI integration, PCI DSS compliance, business based in country | |
| Accepted MethodsUnionPay Prepaid Cards, Visa, MasterCard, local country payment methods | |
| Countries AvailablePrimarily country, with international payment support | |
| Supported CurrenciesCambodian Riel (KHR), US Dollar (USD), and other international currencies |
Pros
- Adaptable integration
- Secure transaction environment
Cons
- Technical knowledge may be required for API integration
- Reliant on local and international provider availability
Xoom.com
Xoom, a PayPal service, allows fast money transfers to Cambodia for cash pickup at major banks. Thanks to its integration with PayPal, this gateway is very popular. If you need a solution for the domestic market and sales abroad, then this is the one.
| Characteristic | Value |
|---|---|
| Requirements | Government-issued ID, recent bank statement for larger transfers |
| Accepted Methods | Bank accounts, Credit/Debit cards (Visa, MasterCard), PayPal balance |
| Countries Available | Over 150 countries, including US, Canada, UK, and many more worldwide |
| Supported Currencies | USD, EUR, GBP, INR, and many more depending on destination |
| RequirementsGovernment-issued ID, recent bank statement for larger transfers | |
| Accepted MethodsBank accounts, Credit/Debit cards (Visa, MasterCard), PayPal balance | |
| Countries AvailableOver 150 countries, including US, Canada, UK, and many more worldwide | |
| Supported CurrenciesUSD, EUR, GBP, INR, and many more depending on destination |
Pros
- Fast transactions with trusted service
- User-friendly interface
Cons
- Fees may apply based on transactions
- Limited options for some transfers
Skrill
Skrill provides a quick and secure way to transfer money and access eWallet funds through a prepaid MasterCard. It supports SWIFT transfers to Cambodian bank accounts.
| Characteristic | Value |
|---|---|
| Requirements | Incorporation certificate, proof of address, and ID for owners |
| Accepted Methods | Credit/Debit cards (Visa, MasterCard, Maestro), bank transfers, 100+ local payment method, Rapid Transfer |
| Available in Countries | Available globally with some restrictions, including no new merchants from the USA |
| Supported Currencies | Over 40 currencies were supported |
| RequirementsIncorporation certificate, proof of address, and ID for owners | |
| Accepted MethodsCredit/Debit cards (Visa, MasterCard, Maestro), bank transfers, 100+ local payment method, Rapid Transfer | |
| Available in CountriesAvailable globally with some restrictions, including no new merchants from the USA | |
| Supported CurrenciesOver 40 currencies were supported |
Pros
- Cost-effective for online transactions
- Flexible options for eCommerce
Cons
- Currency conversion fees may apply
- Varying fees and limits based on account types
FAQ
Why is it important to choose the right payment gateway in Cambodia?
The main reason is the impact of the payment gateway Cambodia and its capabilities on your business. The more options a payment gateway offers, the more customer satisfaction and thus your profits grow.
Which payment gateway in Cambodia is better to choose?
Experts have told us about the best payment gateways, each of which has advantages and disadvantages. Evaluate the offered opportunities and choose the solution that is ideal for your business needs.
Will the time spent on connecting a payment gateway pay off?
Definitely yes! By adding a payment gateway to your business, you open up the opportunity for it to conveniently accept payments on the website or through terminals. The comfort you provide to your customers will definitely be appreciated.
