Bakong 3.8.6

National Bank of Cambodia – Freeware – Android iOS
out of 27 votes

Revolutionizing Banking with Bakong: A Step Towards Digital Financial Inclusion

Minh Ong

12/20/2024

Bakong by the National Bank of Cambodia offers a user-friendly platform that enhances digital transactions and financial service access, though it needs improvements in security features.

Experience convenient transactions with Bakong. Say goodbye to the hassle of choosing the right payment platform, ensuring you have enough cash, enduring long bank queues, or seeking out specific vendors for your e-wallet.

Simplify your daily routines with Cambodia's exclusive integrated payment system, which enables you to manage all your financial needs – e-wallets, mobile payments, online banking, and financial applications – all in one centralized location. Make the switch to Bakong today to streamline your processes effortlessly.

Send/Receive Money from Any App: Utilize various methods including scanning QR codes, entering phone numbers, or selecting contacts from your list.
Request Money: Create a personalized QR code for friends to securely transfer funds without sharing personal details. Easily scan and verify!
Deposit to Bank Account: Seamlessly deposit or withdraw funds with any of your preferred banks or partners.
Track Your Transactions: Monitor all payments through a user-friendly transaction history display.
Banking Flexibility: Opt for your personal bank or preferred financial institution for convenient cash deposits and withdrawals without any restrictions on your choice.

Overview

Bakong is a Freeware software in the category Business developed by National Bank of Cambodia.

The latest version of Bakong is 3.8.6, released on 07/07/2024. It was initially added to our database on 03/21/2024.

Bakong runs on the following operating systems: Android/iOS.

Users of Bakong gave it a rating of 4 out of 5 stars.

Pros

Promotes financial inclusion by enabling secure and convenient mobile payments for unbanked populations
Offers a platform for banks and financial institutions to collaborate and provide interoperable services
Supports multiple currencies, increasing flexibility for users
Utilizes blockchain technology to enhance security and transparency in transactions

Cons

Limited availability outside Cambodia may restrict usage for international transactions
Requires network connectivity for transactions, which may be a challenge in remote areas
Potential learning curve for users unfamiliar with digital payment systems
Dependence on government regulations and policies may impact future developments

Minh Ong

I'm Minh, a software engineer and author with a passion for exploring and writing about the latest in software and technology. With my experience in software development and a specialization in software updates and content creation, I bring a deep understanding of the tech landscape to my reviews and articles. My focus is on providing you with comprehensive insights into general software topics and the latest industry news.

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