Laos and Cambodia Enhance Cross-Border Payment System with QR Code Technology

On December 19, 2025, Laos and Cambodia took a significant step in advancing their financial collaboration by launching Phase 2 of their cross-border QR code payment system. This development allows citizens from both nations to make seamless transactions using mobile banking apps, marking a new era of digital convenience for travelers.

Expanding the Horizon of Digital Payments

The launch introduces a system where Lao citizens can use their mobile banking applications to scan the Khmer Quick Response codes, the national QR code standard of Cambodia. This opens up opportunities for Lao travelers to conduct transactions at approximately 4.5 million merchants across Cambodia. This initiative builds on the success of Phase 1, introduced in August 2023, which enabled Cambodian tourists to pay in Laos using their currency.

The QR code generator technology plays a pivotal role in this system, allowing for straightforward and secure payment processes. This technological advancement not only fosters tourism but also strengthens the economic ties between the two countries.

Facilitating Payments with LAO QR Scan KHQR System

Phase 2, known as the LAO QR Scan KHQR system, allows Lao citizens to make payments through mobile banking apps offered by five commercial banks: BCEL, ACLEDA, APB, Sacombank, and Maruhan Japan Bank. These transactions can be carried out at merchants displaying KHQR codes, which are accepted by 62 different banks across Cambodia.

This system facilitates immediate and hassle-free payments, empowering consumers to manage their finances more effectively while traveling. It signifies a leap towards a cashless society, reducing the need for currency exchange and enhancing the ease of doing business across borders.

Seamless Transactions with Local Currencies

According to Bounkham Vorachit, Governor of the Bank of the Lao PDR, the second phase allows individuals from both countries to transact using their local currencies by simply scanning QR codes. This feature is designed to make cross-border transactions more accessible and efficient for users.

Phase 1 was implemented with the support of eight commercial banks in Laos, including BCEL, ACLEDA Bank Lao, Kbank Lao, BIC, APB, LVB, Indochina Bank, and JDB, with technical support from LAPNet Company and ACLEDA Bank Cambodia. This collaborative effort has paved the way for more inclusive financial services.

Strategic Bilateral Meetings

In conjunction with the launch, the central banks of Laos and Cambodia held a bilateral meeting to discuss various topics related to macroeconomic policies, banking sector development, foreign exchange management, cross-border payments, and technical cooperation. These discussions are crucial for aligning financial strategies and ensuring the smooth operation of the cross-border payment system.

Moving Towards a Digitally Connected Future

The collaborative efforts in launching this QR code payment system highlight a shared vision of a digitally connected future for Laos and Cambodia. As technology continues to evolve, such initiatives are expected to further enhance economic integration and contribute to the sustainable development of both nations.

As more merchants and consumers embrace this technology, the potential for growth in digital transactions is immense. The successful implementation of this payment system sets a precedent for other regions seeking to adopt similar cross-border financial solutions.

In conclusion, the enhanced cross-border QR payment system represents a significant milestone in the financial partnership between Laos and Cambodia. It promises greater convenience, security, and efficiency for users, paving the way for a more integrated and technologically advanced economic landscape.