Reach 250,000 users in Cambodia
Pi Pay is the country’s largest digital wallet in its nascent fintech space, having processed 7.5 million transactions of $170 million as of March 2019.
Pagsmile offers the following with our Pi Pay integration:
The company has 250,000 users and 3,500 merchant partners.
Pi Pay stands out among other Cambodian FinTechs because of its strategic partnerships with key financial institutions and internet financiers such as Alipay, WeChat Pay and Korea’s KB Kookmin Bank.
Partnering with these key institutions enables Pi Pay to tap into the large tourist market in Cambodia. Furthermore, Pi Pay is positioning itself as a one-stop shop for FinTech in Cambodia, backing strong support for government initiatives such as financial inclusion and boosting cashless payments.
By integrating with Pagsmile you get access to a localized solution that covers all the bases to sell in Cambodia, offer PiPay and other popular payment methods, get a direct connection with local payment players, market expertise, and regionalized fraud prevention.
Get access to connected users in Cambodia that prefer to pay with their digital wallet accounts. A fast-growing base of millions of consumers is already using PiPay and could be potential customers of your products.
All customer data is input in the digital wallet before starting to pay for their purchase, creating an extra layer of security in the authentication process, which is reflected in a great performance to the merchant.
The merchant is notified as soon as the payment is completed in the digital wallet environment, and the customers don’t have to wait to receive confirmation of its purchase.