Naki Group and Wing (Cambodia) Limited Specialised Bank Sign MoU Allowing Easy Payments for Naki Group’s Clienteles

Phnom Penh, 6^th Aug 2019 – Wing (Cambodia) Limited Specialised Bank, signed an Memorandum of Understanding (MoU) with Cambodia’s leading real estate company, NAKI GROUP on Tuesday, outlining a new partnership agreement.

Under the agreement, NAKI GROUP’s customers in Cambodia will be able to pay their monthly rent, utilities, management fees, and other related services through innovative means which are fast, convenient, and secure via Wing’s cutting edge mobile banking services. Customers can effortlessly pay using Wing’s mobile app – be it from a smart phone or feature phone – from the comfort of their home or wherever they may be. Alternatively customers can also choose to visit any of Wing’s 7,000 Cash Xpress agent network, giving them greater choice in the way they pay.

“This partnership between Naki and Wing is one step towards innovative processes,” said NAKI GROUP CEO Mr.  Meas Nget Veasna at the signing ceremony.

“Through integrated mobile banking with our real estate projects, we intend to double our efficiency, which in turn translates to faster growth for both our companies.

Using Wing’s robust and secure network to make payments was an obvious choice for us as we are always looking for ways such as this to use technology to improve our customer service with highly efficient cashless transactions, Naki Group’s customers can save time, save money while keeping records,” he added.

“In addition to providing a convenient way to pay rental & maintenance, this will also allow Naki Group to help consolidate all payment services in one including Payroll services, SME Business solutions  and Wing pay,” said Wing Chief Executive Officer, Mr. Manu Rajan, at the signing ceremony. 

“This partnership aims at enabling Wing & Naki Group to contribute not just in making financial access easy for consumers but allowing the growth of the real estate industry in Cambodia by helping to enable payment ecosystems which combine user-centred design and innovation. With Wing, rental payment is either at your fingertips through our mobile payment solution or within your nearby Wing Cash Xpress agents,” Mr. Rajan added.

Wing (Cambodia) Limited Specialised Bank is Cambodia’s leading mobile banking services provider and one of the few specialised banks in the world. Established in 2009, Wing has transformed the way Cambodians send and receive money, using a mobile phone for anytime, anywhere convenience.

Wing is committed to providing financial inclusion via mobile banking services to the unbanked and under-banked, with innovative products and services allowing every Cambodian access to financial services such as local money transfer, instant international money transactions, phone top up and bill payment.

Wing’s success was recognized when it was named ‘Best Digital Innovation Organization of the year’ during the Cambodian ICT Awards 2019. Wing remains at the forefront of the mobile money and electronic payment services market in Cambodia with 100% district coverage via our nationwide network of 7,000 Wing Cash Xpress outlets. It has partnerships with more than 30,000 merchants and global industry leaders including Mastercard and WorldRemit.

Wing also provides funds and payment solutions to the corporate sector via our enterprise services. With Wing, small and medium enterprises (SMEs) and companies can use Wing’s payroll and disbursement services for their employees, helping growth and spread of the payment ecosystems.