AMK and Mora BNPL Sign MoU on Digital Payment

The growth of the digital sector and payment methods has continued to evolve and make it more convenient, secure and efficient for consumers and businesses.

On May 23, 2023, Mora BNPL enters into a strategic partnership agreement with AMK to launch financial products and services through a digital platform called “Buy Now, Pay Later”. 

Mora is a digital platform that offers a “Buy Now, Pay Later” created by Mora BNPL under a financing partnership from AMK to facilitate cash flow conditions for customers purchasing everyday items such as electronics, clothing, cosmetics, healthcare and other products mean that customers make purchases from Mora partner stores in installments with no interest or fees.

Mr. Kea Borann, CEO of AMK, said: “In line with the development of technology, digital financial transactions are facilitating the lives of Cambodians in this new era. AMK also launches a wide range of digital products such as mobile banking, online payments, digital loan applications and more. “Collaboration with Mora BNPL on the Buy Now Pay Later Platform will help expand customers’ access to their essentials faster and easier.”

The use of digital payment systems has been popular in the daily lives of the people since the outbreak of Covid 19. Cambodia has changed and evolved digitally to facilitate the lives of customers. AMK has also developed its own mobile banking application (AMK Mobile), which allows you to make your own financial transactions. Up to respond to the current state of the economy and the growth of the digital sector, where individuals have changed their living behaviors, shopping habits, payment methods and cash flow management. Mora is a digital platform that builds an ecosystem that serves customers, merchants, business partners and banking institutions. 

For Merchant partners, they can get new customers through Mora’s existing customer base, which can increase sales and average order value (AOV). Mora’s customer benefits from being able to purchase items they want, and pay by installment to Mora with no interest or hidden fees. In addition, Mora’s bank and financial institution partners can use Mora’s digital platform to disburse loans quickly and efficiently to customers.

I hope that in collaboration with AMK Mora partner, we will provide new payment terms for shop owners and customers to live digitally and stylishly.

For business or store owners who wish to become a partner with Mora, they can contact Mora’s hotline number: 096 454 1821 or email: merchant@mora.live.