UPI in Cambodia: NPCI and ACLEDA Bank Partnership
Why in the news
Indian digital payments went further into Southeast Asia when UPI acceptance began in Cambodia. The rollout rests on a tie-up between NPCI and ACLEDA Bank.
Key facts
- Partners: National Payments Corporation of India (NPCI) and ACLEDA Bank.
- Milestone: Cambodia is the newest country to accept UPI payments.
- Reach: UPI is live in more than nine countries.
- Region: strengthens India’s cross-border payment presence in Southeast Asia.
| Countries listed with UPI acceptance |
|---|
| UAE |
| Singapore |
| Bhutan |
| Cambodia |
| Nepal |
| Sri Lanka |
| France |
| Mauritius |
| Qatar |
About UPI
- India’s flagship real-time digital payment system.
- Run by NPCI; lets users move money between bank accounts instantly using a mobile app.
About Cambodia
- Culturally rich, mostly rural nation on mainland Southeast Asia; many people work in agriculture.
- Its culture was shaped over about 2,000 years by Indian and Chinese cultural, religious and architectural influences.
- The classical high point came under the Angkor Empire (9th to 15th century CE), known for Angkor Wat.
- Capital Phnom Penh; currency Cambodian Riel, though the US dollar is widely used.
Exam angle
- Agency behind UPI: NPCI.
- Bank partner in Cambodia: ACLEDA Bank.
- Capital and currency of Cambodia are common static-GK asks.