OxPay Financial Limited is pleased to announce that its wholly-owned subsidiary, OxPay SG Pte. Ltd., has entered into a memorandum of understanding with Pi Pay, a payments solutions platform headquartered in Cambodia, to explore an international payments alliance between various countries including but not limited to Cambodia, Singapore, Indonesia, Thailand and Malaysia. Pi Pay is Cambodia's leading mobile payment solution platform. It is also backed by a prominent Cambodian business conglomerate with extensive holdings in property, infrastructure, hospitality, power, and trading. It stands out among Cambodian payment solution platforms due to its strategic partnerships with both traditional financial institutions and internet financiers. Alipay, WeChat Pay, and Korea's KB Kookmin Bank are among its key partners. The collaboration with Pi Pay is coherent with the Group's strategic goal of expanding its presence in the APAC region. This also provides OxPay with a remarkable opportunity to tap into Pi Pay's merchant network and expand its customer base. Moreover, the technological advancement between the two payment platforms could lead to greater brand loyalty. (Source: Khmer Times)