Third-party payments provider Wing yesterday penned a deal with Canada-based financial services group, Manulife.
According to a joint statement issued by the two companies, Wing customers can now pay their Manulife insurance bills via the company’s mobile payments system.
“This is in line with our journey to become a more customer-centric company,” Robert Elliott, CEO and general manager of Manulife Cambodia said.
Manulife is the latest financial firm to be added to Wing’s stable of partners, which includes ANZ Royal, Foreign Trade Bank, Active People and First Finance microfinance institutions.
Anthony Perkins, CEO of Wing, said that the firm was on track to double its transaction traffic volumes from 2.5 million last year to five million at the end of this year.
“Cambodians are definitely on their way, moving from a hugely cash-based economy to one that is based on electronic transactions,” he said. “The future of that commerce will be driven by mobile devices.”