Webcash launches payment service in Cambodia

Webcash Global announced the launch of WeBill365, a payment billing and acceptance service, in Cambodia.

A screen view of the WeBill365 service on desktop and mobile devices [WEBCASH GLOBAL]

Webcash Global announced the launch of WeBill365, a payment billing and acceptance service, in Cambodia.

WeBill365 is a solution for Cambodian businesses to automate complicated payment billing and acceptance operations. It was launched for large-scale business-to-consumer (B2C) businesses handling operations including billing and receiving tuitions, building rentals, charging communication service fees and more.

Businesses can create accounts and send bills to a large number of customers with a single click, and customers can make payments using their mobile devices by scanning the KHQR code (the universal QR platform for Cambodia) issued through text messages, emails and Telegram.

WeBill365, which is available on desktop and mobile apps, enables real-time processing. Complicated operations ranging from bill preparation and issuance to checking one’s deposit status and viewing a business report check can be handled conveniently anytime, anywhere.

It is also linked with the enterprise resource planning (ERP) system. By offering an open application programming interface (API) that can update the payment receipt details in the ERP system, operators' working hours can be shortened and errors are reduced.

“WeBill365 strives to maximize convenience and efficiency for both businesses and consumers in Cambodia. Moving forward, we will dedicate our utmost effort to more efficiently connecting Cambodian businesses and consumers, and contributing to the fintech industry development in Cambodia,” Lee Sil-kwon, the CEO of Webcash Global, said.

Following Cambodia, Webcash Global plans to launch WeBill365 in Vietnam within the year and enter Thailand and Indonesia in 2024.

BY KIM SU-HYEON [kim.suhyeon4@joongang.co.kr]