Logo of Phnom Penh Post newspaper Phnom Penh Post - WING set to expand

WING set to expand

WING set to expand

MOBILE money-transfer service WING intends to expand its business to enable customers to pay utility bills and make loan repayments through their phones, its managing director said Thursday. Speaking after the launch of the company’s Social Impact Report, held at the Australian Embassy in Phnom Penh, Brad Jones told the Post: “We see microfinance institutions (MFIs) in Cambodia as an evolving growth area.” He said he hopes to work with MFIs to enable customers to pay off loans, pay electricity bills, and eventually disburse loans through the technology. He ruled out moving into taking deposits in the future, but said the business would help MFIs to use the system to develop services. WING, which is a wholly-owned subsidiary of ANZ Bank, works with Mfone, Hello, qb and Smart Mobile to allow people to make payments though mobile phones.

MOST VIEWED

  • With herd immunity likely in 2022, is Cambodia ready to reopen for tourism?

    The government aims to inoculate 80 per cent of the target population by June next year, giving it a head start among regional peers to reboot the sector but first, it has to do a few things to up its game A sign on a glass

  • Quarantine still a must for all arrivals, in next Covid chapter

    Since early May, an average of five to 10 Cambodian people have died from Covid-19 a day with many others testing positive amid the ongoing community outbreak. At the same time, however, hundreds of patients also recovered a day. The first Covid-19 case in Cambodia was

  • US wants 'full access' to Ream Naval Base

    On June 11, the US embassy's Defense Attaché Colonel Marcus M Ferrara visited Ream Nava Base in coordination with Cambodian officials following the recent approval of Prime minister Hun Sen to allay the concerns on Chinese military presence at the base as raised by US Deputy

  • Jab drive heading to 5 provinces

    The government is set to vaccinate more than 1.2 million people in five provinces after finishing with Phnom Penh and neighbouring Kandal in an ongoing campaign administered by the ministries of Health and National Defence. The five provinces are Preah Sihanouk, Kampong Speu, Takeo, Kampong Cham

  • New immigration bill targets illegal foreigners in Kingdom

    General Department of Immigration (GDI) officials are discussing revisions to the new draft law on immigration to prevent foreigners from entering Cambodia illegally and to supervise those living in the Kingdom more effectively. The revisions draw wide support among civil society organisations. GDI director-general Kirth

  • Kingdom set to be a gold producer

    Cambodia will soon join the roster of gold producing countries after the government announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province's Keo Seima district from June 21. Prime Minister Hun Sen on June 10 announced that after 14 years of