PHNOM PENH, SEPTEMBER 16, 2024: iPay Cambodia, a leading mobile banking app operated by LOLC (Cambodia) Plc, is rebranding to LOLC Mobile. This strategic move aims to foster a deeper connection with a broader user base while upholding the same trusted, secure, and convenient banking experience that customers have come to rely on.
This rebranding not only delivers an enhanced user experience but also seamlessly aligns LOLC Mobile with its parent company, LOLC Cambodia, a pioneer in the Kingdom’s microfinance sector since its official registration with the National Bank of Cambodia in 2003.
“By unifying LOLC Cambodia and LOLC Mobile under a single brand, we establish a cohesive identity that reflects our growth and future aspirations,” stated Sok Voeun, CEO of LOLC Cambodia.
Mr. Sok Voeun further emphasized, “Whether managing finances, transferring funds, or paying bills, LOLC Mobile provides the same secure and user-friendly platform that iPay Cambodia users have always enjoyed. Our dedication to innovation and exceptional service remains unwavering.”
LOLC Mobile prioritizes offering a convenient, fast, and secure digital banking experience, with all transactions remaining free of charge. The app retains all its existing features while introducing new enhancements to make mobile banking even more effortless.
New features include seamless Viet QR and Thai QR payment facilities, enabling customers to make payments in Vietnam and Thailand directly from their riel accounts. Additionally, users can conveniently pay for orders from Thai e-commerce platforms through the LOLC Mobile app, including those partnered with PromptPay such as Lazada.
For the business owners, the app’s Telegram Notification feature allows them to receive instant alerts for customer transactions. Other innovative features include functions to manage fixed deposit accounts, set up standing orders, make interbank payments via KHQR Code, pay bills, top up mobile phone credit, manage loans, generate monthly statements, and check account balances.
Customers can discover the full benefits of LOLC Mobile by downloading the app and opening a Digital Savings Account with just their passport or national ID card. Don’t miss out on the opportunity to enjoy seamless, secure and convenient banking at your fingertips. Download LOLC Mobile today from the Apple App Store or Google Play Store and start managing your finances with ease—anytime, anywhere.
About LOLC
As Cambodia’s leading microfinance institution, LOLC Cambodia is renowned for delivering financial solutions that meet the needs of Cambodian families, entrepreneurs and customers who look for economic opportunity to transform the quality of their lives. In 1994, LOLC Cambodia was founded as a credit program managed by a non-profit organization (Catholic Relief Services) and incorporated as Thaneakea Phum (Cambodia) Ltd. (TPC) in 2002.
With an asset base of over $1.55 billion and 3,600 experienced staff as of June 2024, LOLC Cambodia is one of the most prominent microfinance institutions in Cambodia. LOLC aims to create a lasting positive impact on the communities it serves through the sustainable delivery of inclusive and client-centric financial services while at the same time generating stakeholder value.