KUALA LUMPUR, July 7 -- EMQ, a global financial settlement network and AMK, Cambodia-based microfinance services provider have partnered to facilitate cross-border money transfers across Southeast Asia.
This partnership enables AMK to integrate with EMQ’s extensive global network for secure, compliant and cost-effective cross-border solutions, making financial services more accessible and inclusive for their customers and families across the region.
“By connecting AMK directly to our global network, we are offering our customers the best possible choices and flexibility to send money home effortlessly within minutes,” said EMQ co-founder and chief executive officer, Max Liu in a statement.
“We are excited to partner with AMK to make a positive impact in Cambodia and beyond.”
Powered by EMQ’s global financial settlement network and AMK’s capabilities, customers in Cambodia can seamlessly transfer money, in real-time and enjoy full range of payout options.
These include instant cash pick-up, bank deposits to the partnered banks, deposit into a mobile wallet, or home delivery of cash to support their families back home across Southeast Asia.
This will create a more inclusive economy for a region, where only 27 per cent of the population have access to financial services.
-- BERNAMA
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