Cambodia

• 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.

Regional indicators

The demand for convenience can be tracked by the numbers in the list.

• Population: 17100000
• Online Population: 15800000
• Banked Population: 27%
• B2C E-commerce: ~$1.1 billion USD
• E-commerce of Total Retail: 2%

Cambodia's business terrain has not yet been formed, which explains the special interest of entrepreneurs in this country. At the same time, you need to choose a payment gateway to realize your business here, because you cannot build a business without payments.

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
• iPay88.
• Wing.
• PayWay.
• ACLEDA.
• Cathay United Bank.
• Pi Pay.
• GetLoy.
• PayGo.
• BongLoy.
• Xoom.com.
• Skrill.

If, having seen this list, you immediately rushed to get acquainted with the solutions in more detail, experts have already done everything for you.

🔥 Paykassma

Website:https://paykassma.com/

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.

Key Features.

• Over 4 billion potential customers in the most promising markets.
• Instant payment processing, user payouts, and withdrawals in BTC/USDT or via bank transfer anytime.
• Easy integration via API or a customizable Payment Page.

Paykassma provides online payment solutions for any industry, service and website.

Advantages.

• 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

Paykassma knows how to make payment processing truly reliable, regardless of transaction volume.

Disadvantages.

• Restricted to certain payment methods.
• Internet connection required for online transactions.

This mobile-focused solution may be challenging for individuals with limited internet access.

Setup Fee.

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Requirements.

Businesses must be legally registered in Cambodia and comply with all requirements, including enrolling through Wing’s business partner programs.

Accepted Methods.

Paykassma supports a variety of payment methods in Tunisia, catering to both traditional and digital preferences. Users can process transactions throughWing transfers for reliable and secure payments. Additionally, Paykassma facilitates seamless operations with cryptocurrency options likeBTC and USDT, offering flexibility and efficiency for businesses and consumers alike.

Countries Available.

While Paykassma operates across multiple countries, it places a strong emphasis on Cambodia, providing customized payment solutions to address the specific needs of this market.

Supported Currencies.

The platform facilitates transactions inCambodian Riel (KHR) andUS Dollar (USD), the primary currencies for e-commerce in Tunisia.

🔥 iPay88

Website:https://www.ipay88.com/
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.

Key Features.

• You can work with all local solutions.
• There is support for payment codes.
• You can conveniently make transfers across Asia.

iPay88 provides a versatile platform that allows businesses to cater to a diverse clientele, enhancing their processing capabilities.

Advantages.

• Great versatility for businesses of various sizes.
• Can be integrated very quickly.
• Works in all niches of the region.

The flexibility and extensive integration options make iPay88 an attractive choice for merchants looking to expand their reach.

Disadvantages.

• Limited track record compared to established competitors.
• Potential learning curve for new users.

While relatively new, iPay88's innovative features could benefit businesses willing to adapt to a modern instrument landscape.

Setup Fee.

A one-time$300 setup fee is required, plus a $360annual maintenance fee.

Requirements.

Businesses need to be registered with theCambodian Ministry of Commerce, though applications can proceed during registration. NGOs must have a minimum of 12 months registration.

Accepted Methods.

iPay88 Cambodia supports multiple options, includingVisa, Mastercard, UnionPay, JCB, and popular e-wallets and mobile solutions in Southeast Asia. These includeAlipay, WeChat Pay, and local options depending on partnerships.

Countries Available.

iPay88 primarily servesCambodia, Malaysia, and other Southeast Asian markets. It is focused on providing a localized solution for businesses in this region.

Supported Currencies.

The platform supports transactions inCambodian Riel (KHR) and US Dollar (USD), which are commonly used for e-commerce in Cambodia.

🔥 Wing

Website:https://www.wingbank.com.kh/en/
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.

Key Features.

• Works well with mobile banking, providing great convenience.
• Customers have the option to shop both in Cambodia and abroad.
• An attractive partnership system for businesses and entrepreneurs.

Wing's vast network and service diversity make it an essential tool for financial transactions across Cambodia.

Advantages.

• The service is available to all entrepreneurs and supports international solution
• Diverse services for financial needs.

The breadth of services ensures that Wing caters to the varying needs of users, enhancing financial inclusion.

Disadvantages.

• Not suited for those preferring traditional banking.
• Requires internet access for online transactions.

For individuals without reliable internet access, this mobile-centric solution may pose challenges.

Setup Fee.

–

Requirements.

Businesses are required to have a registered legal entity within Cambodia and must follow necessary compliance standards, including signing up through Wing’s business partner programs.

Accepted Methods.

Wing supports various methods, including in-person viaWing agents,QR code payments through KHQR, and cashless transactions directly from the Wing Bank app.

Countries Available.

Wing is primarily focused on the Cambodian market, providing services across Cambodia through a network of agents andWing Cash Xpress locations nationwide.

Supported Currencies.

Primarily Cambodian Riel (KHR) and U.S. Dollar (USD).

🔥 PayWay

Website:https://www.payway.com/
PayWay, by ABA Bank, is a secure online service that allows merchants to accept payments throughVisa 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.

Key Features.

• Secure processing for major credit cards.
• Multi-currency support.
• Easy integration for online stores.

PayWay’s simplicity and security make it a preferred choice for businesses transitioning to online sales.

Advantages.

• Backed by a trusted bank.
• Simple setup process.

Merchants can rely onABA Bank’s reputation while enjoying a straightforward integration process.

Disadvantages.

• May require an ABA Bank account for full functionality.
• Limited to specific pay methods.

While convenient, businesses should consider whether they want to open an account with ABA Bank for optimal use.

Setup Fee.

–

Requirements.

Generally, businesses must be registered entities to use PayWay, and specific documentation will be required to confirm the legitimacy of the business.

Accepted Methods.

PayWay supports major credit cards, includingVisa and Mastercard. It is also compatible with local mobile and banks.

Countries Where Available.

PayWay primarily operates within Cambodia, catering mostly to businesses that target the local market.

Supported Currencies.

PayWay supports transactions in Cambodian Riel (KHR) and US Dollar (USD).

🔥 ACLEDA

Website.https://www.acledabank.com.kh/kh/eng/ps_ebecommerce
Acleda Bank offers a reliable payment gateway built on theMasterCard Internet Gateway Service (MIGS), allowing easy integration with e-commerce platforms. Its strong reputation ensures secure transactions for online merchants.

Key Features.

• Compatibility with MIGS.
• Simple integration with e-commerce software.

Acleda's established credibility helps businesses feel confident in providing online pay options.

Advantages.

• Easy to use.
• Trust and security associated with a large bank.

The seamless integration process enhances customer experience while maintaining security.

Disadvantages.

• Limited to MIGS functionalities.
• Regulatory navigation may be required.

Users should weigh the limitations against the benefits of using a reputable bank’s services.

Setup Fee.

–

Requirements.

To use ACLEDA’s eCommerce gateway, businesses generally need to provide several documents, such as identification of account owner, certificate of registration of the business.

Accepted Methods.

ACLEDA’s gateway accepts payments through major credit and debit cards, including Visa and Mastercard, and is compatible with theMasterCard Internet Gateway Service (MiGS).

Available Countries.

The gateway is mainly available to businesses operating within Cambodia.

Supported Currencies.

The gateway supports transactions in Cambodian Riels (KHR) and U.S. Dollars (USD).

🔥 Cathay United Bank

Website.https://www.cathaybk.com.kh/
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.

Key Features.

• First mover in online solutions
• Supports multiple credit card providers

As a pioneer, Cathay United Bank provides essential infrastructure for online transactions.

Advantages.

• Established reputation.
• Easy integration with e-commerce.

Merchants can benefit from the early entry into the market, which enhances their transaction capabilities.

Disadvantages.

• High transaction fees.
• Potential lag in service features compared to competitors.

The cost of doing business with Cathay United Bank should be carefully considered in light of its features.

Setup Fee.

Cathay United Bank charges a relatively high transaction fee ofabout 4.2%.

Requirements.

To use the gateway, businesses need to have a merchant account with Cathay United Bank, often requiringlocal registration and compliance with Cambodian banking regulations.

Accepted Methods.

The gateway accepts payments through major credit card networks, includingVisa, Mastercard, and JCB.

Countries Supported.

Cathay United Bank primarily operates within Cambodia

Supported Currencies.

The gateway supports transactions in Cambodian Riel (KHR) and US Dollar (USD).

🔥 Pi Pay

Website.https://www.pipay.com/
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.

Key Features.

• User-friendly app with social functionalities
• Wide retail partner integration

Pi Pay’s unique blend of business instruments and social features sets it apart in the competitive landscape of Cambodian digital payments.

Advantages.

• Supports cashless transactions.
• Comprehensive business and social solution.

This integration makes Pi Pay appealing to younger, tech-savvy users who value convenience.

Disadvantages.

• Less recognition among older users.
• Limited accessibility without a smartphone.

The platform’s reliance on mobile technology may alienate users who are not as comfortable with it.

Setup fee.

–

Requirements.

To start using Pi Pay, businesses need to sign up through the merchant assessment form.

Accepted methods.

Pi Pay allows transactions through a variety of methods, including mobile payment through its app, local bank transfers.

Available countries.

Pi Pay operates primarily in Cambodia.

Supported currencies.

Pi Pay supports transactions in the Cambodian Riel (KHR) and US Dollar (USD).

🔥 GetLoy

Website.https://getloy.com/
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.

Key Features.

• Connects various services.
• Easy installation for WooCommerce.

GetLoy’s functionality enables merchants to streamline their processing without extensive technical expertise.

Advantages.

• User-friendly for non-technical users
• Versatile compatibility

This flexibility allows merchants to adapt their pay methods as needed, improving overall sales efficiency.

Disadvantages.

• Does not process payments directly.
• May require multiple accounts for different services.

While convenient, this reliance on third-party providers can complicate financial management for some businesses.

Setup Fee.

–

Requirements.

GetLoy is intended for Cambodian businesses and NGOs, who need a local bank account (particularly with ABA Bank, as GetLoy utilizes ABA’s PayWay service).

Accepted Methods.

GetLoy supports PayWay and Pi Pay.

Available Countries.

GetLoy is primarily focused on Cambodia.

Supported Currencies.

GetLoy supports multiple currencies, especially for international payments and donations, with Cambodian riel (KHR) and USD as primary currencies.

🔥 PayGo

Website.https://paygo.com.kh/en/terms
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.

Key Features.

• User-friendly website for service.
• Mobile app for iOS and Android.

PayGo’s focus on user convenience makes it an appealing option for everyday transactions.

Advantages.

• Convenient online transactions.
• Attractive commission structure.

The rewarding commission system incentivizes users to engage more frequently with the platform.

Disadvantages.

• Potential commission fees.
• Requires familiarization with the platform.

Users should consider how to maximize their experience to fully benefit from PayGo's features.

Setup Fee.

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Requirements.

To use PayGo, individuals or businesses need to create an account on the PayGo platform, which includes identity verification. For businesses, additional documentation such as business registration may be required.

Accepted Methods.

PayGo supports multiple forms of payment, including credit and debit cards (Visa, MasterCard), and mobile wallets.

Countries Available.

Primarily available in Cambodia.

Supported Currencies.

PayGo operates in Cambodian Riel (KHR) and also supports US Dollars (USD) for international and local transactions.

🔥 BongLoy

Website.https://bongloy.asia/payment-gateway-terms
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.

Key Features.

• Flexible API integration.
• Support for various pay methods.

BongLoy's customizable solutions cater to businesses aiming to enhance their processing capabilities.

Advantages.

• Adaptable integration.
• Secure transaction environment.

This flexibility is crucial for businesses seeking to meet the evolving demands of their customers.

Disadvantages.

• Technical knowledge may be required for API integration.
• Reliant on local and international provider availability.

Merchants without technical expertise may find the initial setup challenging but can benefit from long-term adaptability.

Setup Fee.

–

Requirements.

To use BongLoy, businesses must integrate its API for payment processing and meet PCI DSS compliance standards. The service is primarily designed for businesses operating in Cambodia​.

Accepted Methods.

BongLoy supports UnionPay Prepaid Cards, Visa, MasterCard, and local Cambodian payment methods.

Countries Available.

BongLoy is primarily available in Cambodia but can also process international payments through its connections to global payment providers.

Supported Currencies.

BongLoy supports the Cambodian Riel (KHR) and US Dollar (USD).

🔥 Xoom.com

Website.https://www.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.

Key Features.

• Quick transfers for cash pickup.
• Wide network of cash pickup locations.

Xoom’s speed and security make it a reliable choice for those sending money across borders.

Advantages.

• Fast transactions with trusted service.
• User-friendly interface.

This makes it especially appealing for users who value efficiency and security in their transactions.

Disadvantages.

• Fees may apply based on transactions.
• Limited options for some transfers.

Users should carefully review fees to ensure they are getting the best deal for their needs.

Setup Fee.

–

Requirements.

To use Xoom, users must create an account and provide personal details. For higher transfer amounts, a government-issued ID (passport or driver’s license) and a recent bank statement are required. Additional verification steps may apply​.

Accepted Methods.

Xoom supports payments via bank accounts, credit/debit cards (Visa, MasterCard), and PayPal balance.

Countries Available.

Xoom operates in over 150 countries globally, including major regions like the US, Canada, Europe, Asia, and Latin America.

Supported Currencies.

Xoom supports multiple currencies, including USD, EUR, GBP, and INR, depending on the destination​.

🔥 Skrill

Website.https://www.skrill.com/en/
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.

Key Features.

• Fast money transfers
• Access to a wide network of merchants

Skrill’s extensive reach and versatility make it an excellent option for online transactions.

Advantages.

• Cost-effective for online transactions.
• Flexible options for eCommerce.

These features support small to medium-sized businesses in managing their pay processes efficiently.

Disadvantages.

• Currency conversion fees may apply.
• Varying fees and limits based on account types.

Understanding these factors is essential for users to avoid unexpected costs.

Setup Fee.

–

Requirements.

Required documents include a certificate of incorporation or an equivalent document, proof of address, and identification for each business owner.

Accepted Methods.

Skrill supports a wide range of payment methods. These include credit and debit cards (Visa, MasterCard, Maestro), bank transfers, and over 100 local payment methods.

Available in Countries.

Skrill is available in many countries around the world.

Supported Currencies.

Skrill supports over 40 different currencies, making it ideal for businesses dealing with international customers.

What parameters to consider when choosing the best payment gateway in Cambodia

Reliability and profitability of a gateway are the main aspects to consider when choosing a tool. In fact, there are not many factors worth considering; a few of them are:

• Security. When choosing a gateway, make sure that all data is encrypted and that the gateway itself meets all personal data protection requirements.
• Commissions and fees. Find out what fees services charge to choose the most profitable solution.
• Payment methods. Find out more about the methods that will be available to your customers in advance.
• Multicurrency. It's simple, the more currencies you support, the better.
• Easy to add. It is important that the gateway you choose can be easily added to your website or store.

Based on the above recommendations, you will be able to choose a gateway in Cambodia that will meet your expectations.

Top 11 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. All the important data read in the table.

Pay attention to the data provided, weigh the pros and cons, and choose the best payment gateway in Cambodia for you.

Conclusion

Cambodia is a very dynamic country where business competition is just emerging. The growing demand for comfort among customers is forcing businesses to turn to new payment solutions, and gateways can help. There are a lot of projects in Cambodia, but we have described only the most interesting ones. Analyze the information provided and choose a gateway carefully, as the future of your business depends on it.

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.