Phnom Penh, August 28, 2025 - PPCBank, one of Cambodia’s most influential commercial banks, has joined forces with Kosign and NongHyup Finance (Cambodia) Plc. to introduce faster, smarter and more convenient payment solutions for customers. The new partnership integrates PPCBank’s KHQR with Kosign’s WeBill365, making transactions simpler and more efficient for NongHyup Finance customers.
PPCBank, Kosign and NongHyup Finance Sign MoU to Enable Seamless Payments for Customers
Published Date:
August 29, 2025
The Memorandum of Understanding (MoU) was signed by PPCBank President, Mr. Lee Jin Young, NongHyup Finance CEO, Mr. Jung Joo Yong, and Kosign CEO, Mr. Seol Wook Hwan, in the presence of representatives from all three organizations.
Through this tripartite collaboration, NongHyup Finance customers will now enjoy access to WeBill365’s wide range of digital payment options, with real-time payment notifications when loan repayments and other transactions are completed. This eliminates the need for physical branch visits, helping businesses and individuals save time and enjoy greater convenience.
PPCBank President, Mr. Lee Jin Young highlighted the importance of the partnership:
“This collaboration reduces processing time, removes the need for customers to visit branches, and provides a secure, user-friendly way to manage financial transactions. More importantly, it reflects our commitment to advancing financial inclusion and supporting Cambodia’s growing digital economy.”
NongHyup Finance CEO, Mr. Jung Joo Yong added:
“We are delighted to partner with PPCBank and Kosign to deliver new, differentiated payment experiences. Together, we will create greater access to financial services for both individuals and businesses across Cambodia.”
This latest MoU strengthens PPCBank and Kosign’s long-standing partnership and marks another milestone in their mission to make banking easier, more inclusive, and more digital for Cambodia’s future.