Logo of Phnom Penh Post newspaper Phnom Penh Post - Prince Bank enhancing cashless banking to support customers and businesses

Prince Bank enhancing cashless banking to support customers and businesses

Content image - Phnom Penh Post
With Prince Mobile, cashless payments will be much easier. SUPPLIED

Prince Bank enhancing cashless banking to support customers and businesses

The Covid-19 pandemic has spurred digital adoption across the board among all demographic segments in Cambodia, particularly for digital natives – the young adults who use smartphones in every aspect of their daily lives.

To reduce the risk of infection, people started to avoid going out and began relying on digital platforms for everyday living, such as for shopping online, using delivery services, working from home, and managing and accessing their finances remotely.

As the fastest growing digital bank in the country, Prince Bank has wide-ranging capabilities for digital banking, including mobile banking, digital payments, ATMs and CDMs, to deliver the best quality services to customers, all within a convenient and secure system.

The current pandemic has been tough for the many people who do not have digital banking apps on their mobile phone.

They need physical cash for their daily payments while it carries a risk of infection through the handling of banknotes.

Cashless payments will be much easier when one has Prince Mobile.

It can help one with daily financial management, cashless payments and the transferring of money securely and seamlessly.

Customers can routinely access their accounts and also perform multiple transactions digitally, such as opening a new account, applying for a new Mastercard/Visa virtual or physical card, or to make top-up term deposits, QR payments, bill payments, local funds transfers via NCS, Retail Pay, FAST and Bakong, and loan enquiries, among many other features.

Customers will receive a real-time notification regarding all bill payments or transactions they have made throughout the day, with the specific time, date and place for both card and QR payments.

Content image - Phnom Penh Post
Prince Bank has wide-ranging capabilities for digital banking. SUPPLIED

With more than 5,000 merchants across the nation in the marketplace, our customers can make cashless payments with ease by using Prince Pay and can even enjoy special cashback of up to $30 per month.

What is even more special for the next release of Prince Mobile – which will be coming soon in July – the Prince eAccount and special account number request will be available.

The Prince eAccount is an electronic banking account that allows a new customer to immediately open a bank account with Prince Bank remotely through the Prince Mobile app.

The customer can receive and transfer funds instantly within the bank and to local banks, perform bill and QR payments, and enjoy a wide range of promotions from Prince Bank too.

Another brand new key feature of this new release is the special account number.

This feature allows customers to personalise their account numbers with their own choices without having to step into a branch.

It can be any special number that they wish to have for their account.

With the new release, the bank will also launch Prince Rewards Points on Prince Mobile, where customers can get reward points for banking transactions and referring friends to sign up for Prince Mobile.

You can redeem these reward points on the phone top-up feature on Prince Mobile, and with Prince Pay merchants.

PRINCE Mobilebiz® and PRINCE Merchant® are the upcoming business banking apps that Prince Bank aims to extend the digital support to its business customers and partners. With the technologically advanced & secured digital capability & user experience, these soon to be release apps will surely support these business owners to control their daily business transaction more efficiently and conveniently. These apps will be soon available for both iOS and Android mobile devices.

To find out more about Prince Bank’s products and promotions, please contact 1800 20 8888 or visit www.princebank.com.kh.

Content image - Phnom Penh Post

MOST VIEWED

  • Historic Battambang town bans billboards

    The Battambang town administration informed all house and business owners in Svay Por commune to remove all billboards by August 1 as it is preparing to submit the town to UNESCO for inclusion on its historical cultural heritage list. Its July 25 notice said all signage was

  • All foreigners' accommodations to be inspected: Sar Kheng

    The Ministry of Interior is undertaking a serious effort to inspect all the accommodations of foreigners in Cambodia – except diplomats – in order to find and identify human traffickers. Minister Sar Kheng said this would include inspections on the homes of foreigners employed by businesses, private

  • Ice cream, noodles flagged over carcinogen

    The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of instant noodles and ice cream trademarks originating from Thailand, Vietnam and France that are suspected to contain ethylene oxide, which poses a cancer risk to consumers. The general department has

  • Exclusive interview with Josep Borrell Fontelles, High Representative of the EU

    CAMBODIA is hosting the 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings this week with top officials from the US, China, and Russia and other countries in the region slated to attend and to meet with face-to-face with their counterparts on the sidelines. In

  • Khmer influence growing in Hollywood

    The rare success of The Cleaning Lady – an American TV series which stars Cambodian-French Hollywood actress Elodie Yung – sheds some light on Asian immigrants to the US, yet a significant representation gap of Asian Americans and Pacific Islanders (AAPI) exists both on screen and behind

  • Rise in Thai air routes to Siem Reap fuels travel hopes

    Local tourism industry players are eager for regional airline Bangkok Airways Pcl’s resumption of direct flight services between the Thai capital and Siem Reap town on August 1 – home of Cambodia’s awe-inspiring Angkor Archaeological Park – which is expected to boost the growth rate of