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homenavigate_nextMedianavigate_nextLatest Newsnavigate_nextOfficial Launching Fund Transfer Service and Cardless Cash Deposit/Withdrawal between ACLEDA Bank Plc. and KESS INNOVATION Plc.

Official Launching Fund Transfer Service and Cardless Cash Deposit/Withdrawal between ACLEDA Bank Plc. and KESS INNOVATION Plc.

July 23, 2020

Phnom Penh, July 23, 2020, ACLEDA Bank Plc. "The Bank You Can Trust, the Bank for the People" and KESS INNOVATION Plc. has announced the official launch of fund transfer service and cardless cash deposit/withdrawal in order to widely serve to meet the need of customers and public of all segments of the community.

Dr. In Channy said that ACLEDA Bank Plc. is delighted to be a strategic partner with KESS INNOVATION Plc. He added this agreement will enable both ACLEDA Bank Plc. and KESS INNOVATION Plc. to broadly expand fund transfer service and cardless cash deposit/withdrawal throughout country and to enhance the development and usage of FinTech to be even more convenient, effective, efficient and safe. Meanwhile, the purpose of the cooperation is to ease customers in doing transactions as follows:

  1. Fund Transfer between core banking account of ACLEDA Bank Plc. and E-Wallet account of KESS INNOVATION Plc.
  2. Fund transfer between ACLEDA ToanChet account and E-Wallet account of KESS INNOVATION Plc.
  3. Cardless cash deposit and withdrawal from E-Wallet account of KESS INNOVATION Plc. at ACLEDA Bank Plc.'s ATMs.

The cooperation service will bring customers and public to save time, reduce cost in making fund transfer and cardless cash deposit/withdrawal which take part of strengthening and expanding the most digital services to facilitating customers’ cash transactions and improving living standard.

Mr. Pes Kimsrean, Executive Chairman, said that "We are delighted to be strategic partners with ACLEDA Bank. KESS After 3 years of hard work, we believe the market is now mature to use our flagship product: KESS CHAT", KESS CHAT connects local farmers and consumers, vendors to suppliers, accepts WeChat/Alipay/Visa/MasterCard/ACLEDA ATM Card.

All in one platform such as multi-vendor, inventory management, delivery service, pay your electricity/water bill, chat with friends/vendors. Begin your online selling journey today with KESS CHAT in a few clicks.

About KESS INNOVATION Plc.

KESS INNOVATION PLC was founded by a group of entrepreneurs and is 100% Cambodian owned company – with the aim of helping businesses grow, the co-founders set out to build a platform capable of meeting the rapidly evolving needs of Cambodia fast-growing global businesses. KESS INNOVATION PLC platform enables corporate/merchants to transfer/accept payment in a single system.

Our Products:

  1. Corporate payment solution
  2. Mobile payment
  3. Peer to Peer
  4. Online shopping service (B2B & B2C)

About ACLEDA Bank Plc.

ACLEDA Bank Plc. has 04 subsidiaries: ACLEDA Securities Plc., ACLEDA Institute of Business, ACLEDA Bank Lao Ltd. and ACLEDA MFI Myanmar Co., Ltd. as well as the representative office in the Republic of the Union of Myanmar. As at the end of March 2020, ACLEDA Bank Plc. had total assets of KHR25.01 trillion (or USD6.15 billion), total loan outstanding of KHR16.22 trillion (or USD3.99 billion) and total deposits at KHR17.69 trillion (or USD4.35 billion), and there are more than 1.5 million ACLEDA Unity ToanChet subscribers.

For more information, please contact:

Mr. Phal Sokchamroeun
Vice President & Deputy Head of Marketing Division, ACLEDA Bank Plc.
Tel: 015 800 903
Email: phal.sokchamreoun@acledabank.com.kh

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