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Financial institutions see jump in lockdown-era digital transactions

Share More and more consumers are reportedly taking to digital channels to conduct transactions amid lockdowns and other movement restrictions. Hean Rangsey Financial institutions see jump in lockdown-era digital transactions Thu, 22 April 2021 Financial institutions (FI) logged a sudden spike in digital transactions during lockdown, adding further to the upward momentum fuelled by rising fears triggered by a spike in new Covid-19 cases found in connection to the February 20 community transmission. The government on April 14 announced a full lockdown in the capital and neighbouring Takmao town in Kandal province from April 15-28 to control the risk of spreading the novel coronavirus.

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