DaraPay, a local digital wallet and payment platform, on Tuesday reached a partnership agreement with the Ministry of Public Works and Transport to enable citizens to pay for a range of public services using QR code technology.
For in depth analysis of Cambodian Business, visit Capital Cambodia
People will be able to use DaraPay’s app to pay for vehicle registration, technical inspections, and driving license fees, among other services offered by the ministry, according to Mr. Phok Ratha, DaraPay general manager.
DaraPay is a joint venture between Canadia Investment Holding of Cambodia and Fullerton Financial Capital, a subsidiary of Singapore’s Fullerton Financial Holdings.
“As a leading financial technology company in the country, DaraPay still continues to innovate and develop its technology every day.
“Today, we initiate a collaboration with the Ministry of Public Works and Transport to provide payment solutions using QR code technology. This partnership will save customers time and money as they will no longer have to go to the ministry to pay for its services,” he said.
Pov Maly, the ministry’s secretary of state, said the partnership seeks to make payments more convenient for citizens.
“DaraPay has shown a strong commitment to making public services in Cambodia more efficient. We are delighted to partner with them to improve the lives of Cambodians by making it easier to pay for public services in transportation.
According to the latest data from the Telecom Regulator of Cambodia, in 2018 there were 13.6 million Internet users in the Kingdom, up from 12.5 million in 2017. Likewise, the number of mobile connections rose from 19.1 million in 2017 to 19.5 million last year.