Cambodia: ABA Bank Introduces Instant Card issuance Kiosks, Supported by Compass Plus Technologies

ABA Bank, which claims to be Cambodia’s leading financial institution, has become the first bank in the country “to launch instant card issuance kiosks using Compass Plus Technologies solutions.”

This new service “enables the issuance of international debit cards (Visa, Mastercard, and UnionPay) and local Cambodian Shared Switch (CSS) cards via self-service kiosks, ensuring the bank’s customers receive debit cards on the spot in under two minutes.”

ABA Bank’s mission is “to deliver the best banking experience to its customers both in-branch and digitally.” This led the bank “to embark on this project to offer an instant issuance service that would allow its customers to receive their new cards quickly and independently.”

The pilot launch of the bank’s first self-service kiosk “was well received by customers for the convenience it provided.” Today, ABA Bank “has 90 instant card issuance kiosks operating in over 80 branches and ABA 24/7 self-service banking spots across the country.” Since launching the kiosks, ABA Bank “has successfully issued 191,000 debit cards.”

Sanzhar Abdullayev, Chief Card and E-Payment Officer at ABA Bank, said:

“We’re delighted to become the first bank in Cambodia to offer instant card issuance via self-service kiosks to our customers. We are always looking for ways to introduce innovative services that improve customer experience. Compass Plus Technologies has proven to be a reliable partner during the last 14 years, helping us to deliver exciting new projects, and we look forward to what the future will bring.”

Igor Simonov, AVP, Business Development and Sales Manager at Compass Plus Technologies, said:

“It’s always a pleasure to work with an ambitious and forward-thinking institution like ABA Bank. Delivering the first instant card issuance kiosks in Cambodia is a massive achievement and testament to the bank’s approach to driving innovation within the Cambodian banking and payments market.”

As noted by the management at Compass Plus Technologies, they are passionate about payments technology and “architecting it properly for the needs of today and tomorrow.”

From start-ups and industry disruptors to recognised innovators and market leaders, their technology puts customers “in the driving seat and ultimately in control of their payment ecosystems.” Together, they deliver key products and services with ease and proven time-to-market.



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025

Share this graph
Number of Filings132Prior 128 +3.1%
Target Raise, Total$3.44BPrior $3.56B -3.5%
This YTDYear priorChange
Filings 132 128 +3.1%
Target raise $3.44B $3.56B -3.5%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Newest
Oldest Most Voted
 
0
Would love your thoughts, please comment.x
()
x
Send this to a friend