AMK customers can transfer money directly to Visa card around the world

Phnom Penh, Cambodia – On September 14th, AMK Microfinance Institution (AMK) and Visa announced a partnership to provide AMK customers with a seamless and cost-effective way to transfer money internationally.

AMK customers can transfer money directly from their AMK account or AMK MB mobile app to any Visa card [1]. This will eliminate the need for traditional cash handling, making transactions quicker and more convenient.

“We are excited to partner with Visa to provide our customers with a fast, secure, and convenient way to send and receive money around the world,” said Kea Borann, CEO of AMK. “This partnership provide a great opportunity for our two companies to collaborate and innovate, as we are both committed to provide to our customers with the best possible payment solutions. We strongly believe this partnership is a way for AMK and Visa to meet the needs of a growing customer base and contribute to a grow of digital payments in Cambodia.”

Deepan Dagur, Head of Visa Direct, Asia Pacific said, “The rise of digital remittance solutions has brought speed, transparency and cost savings for people who depend on them. Visa’s partnership with AMK Microfinance Institution is one of the ways we are advancing digital remittance innovation to help Cambodians move money quickly and securely, while staying connected with their friends and family overseas.”

The partnership is expected to benefit AMK customers as they will now have a more convenient way to transfer money internationally.

How to transfer with AMK Mobile:

About AMK Microfinance Institution Plc.

AMK Microfinance Institution is a leading microfinance institution in Cambodia that aims to provide responsible financial services to low-income households and diverse economic segments, helping them achieve their financial goals. Established over 20 years ago, AMK operates in every province and district in Cambodia, with over 151 branches and over 6,000 agents. The institution offers a diverse range of financial services including loan, deposit, and daily transaction/payment services.  AMK upholds responsible lending practices and customer protection, and with millions of customers served. AMK’s mission is provide a range of responsible financial services to our clients from varying economic segments, particularly low-income households and women, to help them to achieve their financial and household aspirations.

[1] Applicable to selected markets: Brunei, Germany, India, Indonesia, Italy, Macau, Malaysia, New Zealand, The Philippines, Singapore, Thailand, Vietnam and the United Kingdom.