The Role of Digital Payments in Financial Inclusion in Cambodia
We are living in a digital era, where technology is transforming every aspect of our lives, including how we pay for goods and services. Digital payments are not only convenient and secure but also enable financial inclusion, economic growth, and social development for millions of people across the world. As one of the key initiatives of The ASEAN Bankers Association (ABA) - a regional organization that represents the interests of the banking sector in Southeast Asia - is to catalyze the digital payments transformation in ASEAN, which is expected to bring significant benefits to consumers, businesses, and the economy. In ASEAN, digital payments are expected to grow by 6% annually and reach USD 2 trillion by 2030, according to a recent report by NIKKEI Asia.