The Federation of Thai Industries (FTI) is bringing back its "Faster Payment" scheme to urge large companies to speed up debt repayments in a fresh attempt to help their trading partners mostly small and medium-sized enterprises (SMEs) solve liquidity problems amid Covid-19.
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A user pays for her in-store purchase through a mobile payment app. The Covid-19 pandemic has helped accelerate the adoption of digital payments in Cambodia. Photo supplied
NBC: Fintech fuels 2020 boom in Kingdom s payment systems
Wed, 12 May 2021
Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual report on the payment system.
The central bank reported on May 11 that payment systems have offered substantial support for economic development by providing an efficient and secure financial infrastructure to facilitate transactions, as well as payments for trade in goods and services, and on financial markets.
improved international trading
An enhanced international trading offering allows you the option to hold up to nine currencies in a Trading and/or SIPP account. This means you can trade in your chosen international markets without having to convert currency with each trade. (Please note that current HMRC rules mean that ISA cash must be held in sterling, so while international stocks can be held in your ISA account, any sale must convert back into sterling.)
live prices
Live streaming prices will not be a features of your new trading account, however when you are logged in to your account you will be able to obtain a live price from your portfolio view or from a stock quote.