The "cash by code" ATM system for the 'unbanked'.

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The "cash by code" ATM system for the 'unbanked'.

Post by CEOCambodiaNews »

Novel ATM service for the ‘unbanked’
Thu, 4 August 2016
Kali Kotoski

With mobile money transfer services such as Wing and True Money continuing to spread their agent-based networks into rural parts of the country, local banks are increasingly leveraging their branch locations and ATM presence to provide a similar service through “Cash by Code”.

A relatively new product to Cambodia, Cash by Code allows customers from a particular bank to send money to an individual – even those without a bank account – through a one-time password that can be used at any of the bank’s ATM machines to withdraw the cash...

[He] said E-Cash allows ABA Bank to reach the unbanked majority of the population “through modern financial solutions”.
“At the moment of the launch, we were the only Cambodian bank who offered this service to its customers through the mobile app,” Zimarev said.
“It is fast, convenient and can be made on the go on a smartphone.

“Another reason to launch this service is to help our customers in emergency situations,” he said, adding that it allows people who have lost their ATM cards to access their funds.
The money transfer service only costs $0.50 per transaction...
http://www.phnompenhpost.com/business/n ... e-unbanked
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SinnSisamouth
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by SinnSisamouth »

not much good if there is no bank
i am on these blocked lists;
pucketrichard
hotdgr
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:fuckyou:
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Jamie_Lambo »

pretty cool feature this,

although this '"Wing" thing reminds me of some random Khmer girl that added me on facebook and within like 30minutes she asked if she could borrow money and that i could send it to her via this "Wing" service, at first she asked for $200, then she lowered her offer to $100 like we was in some kind of bargaining situation, id think twice about lending my friends $200 let alone some random khmer girl who just added me on facebook lol
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Username Taken »

^^ She might have been a Nigerian Khmer girl.
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Luigi »

Jamie_Lambo wrote:pretty cool feature this,

although this '"Wing" thing reminds me of some random Khmer girl that added me on facebook and within like 30minutes she asked if she could borrow money and that i could send it to her via this "Wing" service, at first she asked for $200, then she lowered her offer to $100 like we was in some kind of bargaining situation, id think twice about lending my friends $200 let alone some random khmer girl who just added me on facebook lol

I hope you were able to come to a $ number that was amicable? :wink:
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Jamie_Lambo »

Username Taken wrote:^^ She might have been a Nigerian Khmer girl.
Image
Send wing
Number phone 010253680
:popcorn:
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Username Taken »

Maybe not Nigerian. What about Egyptian?


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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Jamie_Lambo »

Username Taken wrote:Maybe not Nigerian. What about Egyptian?


Image
that only works for land lines right?
ive got quite a few numbers in my phone that start with similar numbers, all cambodian numbers
*all my numbers in my phone that start with 01....*
0102
0102
0103
0103
0104
0109
0114
0122
0123
0127
0153
0154
0156
0162
0163
0167
0168
0169
0169
0169
0173
0176
0177
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Username Taken »

Jamie_Lambo wrote:
Username Taken wrote:Maybe not Nigerian. What about Egyptian?


Image
that only works for land lines right?

Image Image
Image Image Image
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Re: The "cash by code" ATM system for the 'unbanked'.

Post by Jamie_Lambo »

Username Taken wrote:
Jamie_Lambo wrote:
Username Taken wrote:Maybe not Nigerian. What about Egyptian?


Image
that only works for land lines right?

Image Image
Image Image Image
Image
:tophat: Mean Dtuk Mean Trei, Mean Loy Mean Srey
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