business
Updated 2026-09-03 5 min
In short
- ●LOLC Cambodia launches QR payment connectivity between Cambodia and Singapore.
- ●Users of the LOLC Mobile app can pay in Singapore, and Singaporeans can pay in Cambodia.
- ●This innovation reduces the need for currency exchange and cards for expats traveling between the two countries.
- ●The service aims to simplify transactions and promote tourism and business.
September 3, 2026
Launch date
Cambodia and Singapore
Countries involved
LOLC Cambodia
Institution
Phnom Penh Post
Source
Key facts at a glance
- Official launch. LOLC Cambodia activated QR payment connectivity with Singapore on September 3, 2026.
- Two-way. Cambodian users can pay in Singapore via the LOLC Mobile app, and Singaporeans can pay in Cambodia via their local apps.
- Objective. Simplify cross-border transactions for travelers and expats, reducing the need for currency exchange and cards.
- Impact. Facilitates trade and tourism between the two countries.
- Innovation. First initiative of its kind for LOLC Cambodia, strengthening its digital service offering.
How it happened
The cross-border QR payment project was developed within the framework of regional interoperability agreements. Here are the key steps.
- 2025: Negotiations between the central banks of Cambodia and Singapore to establish a cross-border QR payment framework.
- Early 2026: LOLC Cambodia begins technical development of integration with Singaporean payment systems.
- Mid-2026: Pilot tests with selected users to validate security and transaction fluidity.
- September 3, 2026: Official launch of connectivity, available to all LOLC Mobile customers.
- Next steps: Planned expansion to other countries in the region and continuous improvement of features.
Breakdown
The service primarily concerns travelers and expats, but also merchants. Here is an indicative breakdown of beneficiaries.
| Segment | Number | Detail |
|---|---|---|
| Cambodian expats in Singapore | Increasing | LOLC Mobile users who can pay directly in Singapore. |
| Singaporean tourists in Cambodia | Increasing | Ability to pay via their local banking apps. |
| Cambodian merchants | New market | Acceptance of international payments without high currency conversion fees. |
| Singaporean merchants | New market | Attracting Cambodian customers with simplified payments. |
| LOLC Mobile users | Total number of customers | Benefit from the new feature at no additional cost. |
What it concretely changes in Siem Reap
- Expats in Siem Reap traveling to Singapore can pay directly with the LOLC Mobile app, without exchanging money.
- Reduction of transaction fees related to international cards.
- Simplification of purchases for Singaporeans visiting Siem Reap, promoting tourism.
- Merchants in Siem Reap can attract a Singaporean clientele by accepting international QR payments.
- Less dependence on ATMs and cash when traveling.
How to avoid trouble
- Step 1: Update your LOLC Mobile app to the latest version to benefit from the feature.
- Step 2: Verify that your account is activated for international payments.
- Step 3: Before leaving, test a small payment to ensure everything works.
- Step 4: Keep an eye on the exchange rates applied and any fees.
- Step 5: In case of issues, contact LOLC Cambodia support.
- Step 6: Use secure Wi-Fi networks for your transactions.
Frequently asked questions
How does cross-border QR payment work between Cambodia and Singapore?
LOLC Cambodia has activated QR payment connectivity with Singapore. Users of the LOLC Mobile app can scan QR codes of merchants in Singapore and pay directly from their account. Similarly, Singaporeans can pay in Cambodia via their compatible banking apps.
What are the benefits for expats in Siem Reap?
Expats can travel to Singapore without having to exchange money or use international cards. Transactions are simplified and fees are often reduced.
Are there additional fees for using this service?
LOLC Cambodia has not announced any additional fees at the moment. However, it is advisable to check the terms and conditions and any currency conversion fees.
When will this service be available for other countries?
LOLC Cambodia plans to extend this feature to other countries in the region, but no specific date has been announced.
What should I do if I encounter a problem with a QR payment?
Contact LOLC Cambodia customer service via their hotline or app. They will be able to help you resolve the issue.
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Published by
Siem Reap Hub
The community guide for expats and travelers in Siem Reap, Cambodia