Phnom Penh, Cambodia – [October 5th 2023] – Oriental Bank Plc, a leading digital banking institution, and AirAsia Cambodia, have announced a momentous collaboration. Today, amidst great anticipation and enthusiasm, the two companies signed a Strategic Alliance Declaration, formalizing their partnership and paving the way for innovative payment solutions tailored to the needs of AirAsia Cambodia’s guests. 

As Asia’s leading low-cost airline, AirAsia has revolutionise the way people in the region travel and Oriental Bank is honored to be chosen as AirAsia's trusted financial partner, solidifying a relationship that will drive meaningful change in the aviation industry.  

Since its establishment in February 2022, Oriental Bank has gained recognition as a pioneer in delivering innovative digital banking experiences. Their customer-centric approach and dedication to technological innovation have positioned them as a trusted partner for businesses and individuals alike. As part of this alliance, Oriental Bank will provide AirAsia Cambodia with its cutting-edge payment gateway service, encompassing a wide range of payment options, from all card schemes as well as the well-known KHQR. 

The collaboration between Oriental Bank and AirAsia focuses on the realm of digital payment solutions, with Oriental Bank's payment gateway taking center stage. In an increasingly cashless world, businesses must adapt to shifting trends, and this partnership aims to streamline and enhance the payment experience for AirAsia passengers. From ticket purchases to ancillary services and in-flight transactions through the airasia Superapp - soon to be rebranded airasia MOVE , the collaboration between Oriental Bank and AirAsia will provide passengers with seamless digital solutions that elevate their overall journey. 

AirAsia Cambodia CEO, Vissoth Nam said: “As we are set to paint Cambodia’s sky red in the next few months, we are pleased to join forces with Oriental Bank, a pioneer in providing innovative digital banking solutions as one of our first financial service partners. 

“As digital transformation reshapes the Cambodian consumer payments landscape, we believe this partnership will provide an exceptional user experience for local travellers, while also empowering them with choice and opportunity that aligns closely with our mission to serve the underserved. We remain committed to supporting innovation to revolutionise the way Cambodians travel in the future.” 

Oriental Bank Managing Director/CEO, Datuk Phan Ying Tong said: “We wish to express our gratitude to Mr. Nam Vissoth, the CEO of AirAsia Cambodia and his team for entrusting Oriental Bank with this significant digital payment partnership project. We take immense pride in AirAsia Cambodia’s decision to collaborate with Oriental Bank in providing a customer-centric payment solution for our clients. 

“I take great pride in all that Oriental Bank has achieved since our inception within a short span of time. We have successfully delivered sophisticated, innovative, and advanced payment systems to support and meet the needs and demands of an aviation giant like AirAsia.” 

As the event drew to a close, Datuk Phan Ying Tong extended heartfelt appreciation to all attendees, emphasizing the significance of their presence at this milestone occasion. Oriental Bank remains committed to introducing new and innovative digital solutions to Cambodia, with a focus on collaboration, innovation, and customer-centricity. The journey ahead promises exciting developments, and Oriental Bank invites stakeholders to stay tuned for more groundbreaking initiatives in the near future. 

About Oriental Bank Plc: 

Oriental Bank (ORB) is at the forefront of fintech and the digitalization of banking products and services. To address the needs of the market, ORB places a strong emphasis on digital transformation, aiming to enhance accessibility, convenience, and efficiency while revitalizing traditional products and services. While prioritizing digitalization, we also recognize the importance of person- alized and face-to-face interaction with our customers to highlight the value of human connection. Our branches are designed to offer enhanced privacy and comfort, particularly in the Exclusive Banking area. The logo of Oriental Bank symbolizes the strong partnership between the Bank and the Community, depicting interlocked hands that signify the inseparable and intertwined relationship between the Bank and the Community, aligned with our slogan "More than Just a Bank". 

About AirAsia: 

The birth story of AirAsia, the World’s Best Low Cost Airline and the aviation arm of Capital A, is an industry legend. It started back in 2001 when Tony Fernandes and Kamarudin Meranun bought an ailing airline with two aircraft and 200 staff and turned it into the largest low cost carrier in Asia and home to thousands of AirAsia ‘Allstars’ around the globe. In the last two decades, the airline has gone on to carry close to a billion passengers to over 130 destinations in 23 countries within its network. With the mission to serve the underserved, AirAsia has connected people and places, and has largely been credited for democratising air travel in the region with its famous tagline ‘Now Everyone Can Fly’.