The General Department of Customs and Excise (GDCE) has recorded a significant shift in revenue collection method, citing that electronic payments now account for over 90 percent of customs revenue.
According to a GDCE report yesterday, the rise in e-payments has been supported by a growing network of commercial bank partnerships. Between 2013 and early 2026, a total of 13 banks signed memoranda of understanding with the Ministry of Economy and Finance to provide customs and excise revenue collection services. These partnerships have enabled the integration of electronic payment systems into Cambodia’s customs framework.
Central to this transformation is the implementation of the Automated System for Customs Data (ASYCUDA), a digital platform widely used around the world to manage customs declarations and streamline trade procedures. Through this system, GDCE and its partner banks have introduced an e-Payment function that allows businesses to pay duties and taxes electronically.
By the first quarter of 2026, the GDCE reported that 92 percent of customs revenue was collected via e-Payments, marking a sharp increase compared to previous years when cash and manual transactions dominated the system. Officials described the achievement as a testament to strong cooperation between public institutions and private sector stakeholders, particularly commercial banks that have played a key role in facilitating the transition.
Article and photo credit: Khmer Times
Full article: https://www.khmertimeskh.com/501867572/bank-partnerships-drive-gdce-e-payments-to-92-of-revenue/