KHQR Merchant


KHQR is created for Retail Payment in Cambodia and cross-border payment within ASEAN countries. It only requires a single QR for receiving payment from any mobile apps including Bakong App, making QR payment simple for both customers and merchants in Cambodia.

Benefits of KHQR

For Merchants For Customers
• Saving Space for your counter. Only need to display a single KHQR stand instead of multiple QR labels. • No more confusion with multiple QR codes stand when making payment.
• Simple, fast, and secure payment solution. • Simply look out for the KHQR label.
• Can accept payment from anyone and any bank app. No need to sign bilateral contracts with many acquirers anymore. • Using your own favorite app including Bakong App to make payment anywhere that has a KHQR label.

KHQR Fees & Charges

KHQR Merchants Frequency of Charge Fee
Interchange Reimbursement Fee* On-going-transaction based 1%
Transaction Fee** By transaction ZERO
Set-up Fee One-off ZERO
Subscription Fee Monthly ZERO
Exit Fee One-off ZERO

* Promotional period to waive the IRF for one year from 4th July 2022 until 3rd July 2023.
** Transaction fee is subject to change from time to time and to be reviewed annually without prior notice.

KHQR Merchant Terms and Conditions

Merchants are required to open an Individual or Corporate Merchant Account with FTB Bank.

Account Type Individual Merchant Corporate Merchant
Initial opening balance ZERO ZERO
Minimum ongoing balance USD 5.00 USD 25.00
Interest Rate per annum USD: 0.50%
Internet Banking & Mobile App Access FREE
Account Maintenance Fee FREE

* Required Documents for account opening is referred to Terms & Conditions on Opening Accounting and you can find in HERE.