Logo of Phnom Penh Post newspaper Phnom Penh Post - Malaysian telco aims to boost e-commerce

Malaysian telco aims to boost e-commerce

Malaysian telco aims to boost e-commerce

MALAYSIAN-based e-commerce company MobilityOne is looking to expand its business to Cambodia by providing an electronic link between banks and telecommunications companies.

Cambodia business development manager Prakash Rao said MobilityOne hoped to launch an online mobile-banking, top-up and bill-payment system, accessible on the internet, mobile phones and ATMs, in two to three months.

There was no similar conduit already in the country, he said.

“We find that the banks prefer online services because it’s hassle-free.”

Five of the country’s nine telecommunications providers – Qb, Hello, Metfone, Smart Mobile and Starcell – have signed up, and two more are “close to signing”, he said, and the company is in talks and conducting tests with a few of the country’s 28 banks.

Rao declined to say how many were onboard, but said those working with MobilityOne’s Cambodian subsidiary had a customer base of about 300,000.

It would take some time for the e-platform to be established, but Rao said he was confident there would be growth, even if banks did not warm to the service straight away.

“The public is not ready, but we think the telcos understand that this is the future,” he said.

MOST VIEWED

  • Protests planned in New York as Hun Sen to attend the UN

    Prime Minister Hun Sen will speak at the United Nations General Assembly in New York this week. But US-based supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) plan to throw eggs at his car as part of a series of protests to coincide

  • CPP: ‘Behave or Sokha suffers’

    The ruling Cambodian People’s Party (CPP) spokesman warned Kem Monovithya on Thursday that her attempt to damage “national reputation and prestige” would lead to her father, Kem Sokha, receiving even harsher punishment. Sok Eysan issued the warning as Monovithya, who is the court dissolved

  • News Analysis: Defiance can last for how long?

    The Cambodian government has so far stood strong in the face of mounting international pressure over its treatment of critics, but analysts, diplomats and ruling party officials now wonder how long the defiance can last. The European Union has led the firestorm of criticism, threatening

  • ‘Freedom fighters’ or ‘foreign puppets?’

    Former Cambodia National Rescue Party (CNRP) official Meach Sovannara was joined by supporters at a rally in California on Saturday, where a US lawmaker hailed members of the outlawed opposition as “great freedom fighters”. However, a Cambodian government spokesman said such a phrase belonged to