Status
Operating at scale
Data Exchange System Name
Cambodia Data Exchange (CamDX)
Data Exchange System link
If a RTPS exists
Yes
Vision: PSP interoperability
Yes
Digital ID System Name
CamDigiKey
ID System link
Name (Payment)
Bakong Payment Gateway
URL (Payment)
Region
Asia
# of participants
2024- 70 institutions; 10 M accounts
AML law
Unknown
Bank participation in network
Yes
Centralised fraud management system?
Unknown
Consumer protection law
Yes
Governor
Central bank
Instant settlement system/ platform
Yes
Non-bank participation in network
Yes
Notes
Bakong is not a CBDC, it uses DLT to enable interoperability. This apparently helps manage high volume of transactions with an ACH; in the absence of an RTGS Set up by Japanese blockchain company- Soramitsu, which is also pursuing similar partnerships with Laos, Vietnam, Philippines
Offline transactions
Yes
Operator
Central bank
QR-based transactions
Yes
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Central bank/ Financial regulator
Rules: data leak notifications
Yes
Rules: participation conditions
Unknown
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
ACH
Transaction cost
Free up to 100 USD
Transaction types
P2P
P2M
Value (Year-USD)
2023- 492 B
Volume (Year- Volume)
2023- 1.7 B