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

  • Reuters: US Embassy fired 32 staff members for sharing pornography

    The United States Embassy in Phnom Penh has fired 32 non-diplomatic staff members who were allegedly caught exchanging pornographic images and video, including of minors, according to the news agency Reuters. Four sources, who spoke on condition of anonymity, told Reuters the content was shared in

  • Our 2018 guide to spending Khmer New Year in Phnom Penh

    Khmer New Year festivities are upon us. For the next few days, travellers will be making their way to their home provinces to eat, celebrate, play traditional games and visit a pagoda with offerings. If you will be staying put in Phnom Penh for the

  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the