Pi Pay Co., Ltd is a financial technology (FinTech) company, a pioneer of its kind in Cambodia. Pi Pay is an aggregation combining payment solutions and lifestyle features through our innovative technological advancements.
Pi Pay is a one-stop all-in-one application that enables you to pay your bills without using cash at a huge variety of shops, outlets and restaurants in Cambodia. Finger scan, QR code or In-App purchases. The possibilities are endless.
You can also send money to other Pi Pay users, cash-in and cash-out at designated Pi Pay Hubs or send money directly to and from your digital wallet to your ABA Bank account. Plus you can chat and exchange messages, photos, videos, etc. with family and friends. It’s safe, it’s quick and it’s convenient.
How to Cash In Pipay?
For now, in the roll-out or beta phase, topping up the e-wallet in the Pi Pay app does involve handing cash over either at one of the many Pi Pay hubs in partner merchants or through Pay & Go kiosks around the capital.
1) Cash-in at over 300 merchant locations across Phnom Penh
The company has also inked agreements with 1,400 businesses to utilise the service, which is expected to be available at over 300 merchant locations by the end of August 2017.
2) Cash-in at Pay & Go kiosks
The company has already announced that it is working with ABA Bank and PayGo to accept and facilitate transactions that utilise the Pi Pay platform, while it has opened the door to partner with other third party payment (TPP) processors in order to help develop the cashless economy.
- Just one month into operation, mobile payment platform Pi Pay has already processed over $1 million in digital transactions, dispelling concerns that the Kingdom might not be ready for cashless payments, the company’s CEO said.
- Tomas Pokorny, CEO of Pi Pay Asia, said over 30,000 smartphone users have downloaded the Pi Pay app and the platform has handled more than 100,000 transactions at 150 merchant locations across Phnom Penh.
- But the company says soon even these cash transactions will be overtaken by direct cashless top -ups through a network of partner banks and financial institutions.