BIDC upgrades payments infrastructure with BPC SmartVista

By Vriti Gothi

Bank for Investment and Development of Cambodia (BIDC) has gone live with the SmartVista payments platform from BPC, replacing legacy systems as the bank moves to expand contactless and digital payment capabilities in Cambodia.

The modernisation enables BIDC to introduce EMV-supported contactless issuing and acquiring while consolidating its payments infrastructure onto a single platform. The move is intended to support the bank’s broader strategy of scaling its operations and strengthening its digital retail banking capabilities in the Cambodian market.

With the new platform in place, BIDC can issue and manage modern EMV contactless cards while supporting payments across its branch and mobile channels. Merchants connected to the bank’s network can accept faster “tap-and-go” transactions, while customers gain access to simplified payments, account linking, and additional security features including 3D Secure for eCommerce transactions.

“Offering modern card programmes and secure payment experiences to our customers are critical to our strategy and future growth,” said Nguyen Xuan Dung, Senior Executive Vice President BIDC. “The modernisation with BPC marks an important milestone in our transformation. We’ve moved from fragmented systems to a single platform that lets us launch new card products quickly, offer contactless acceptance, and extend secure services to customers wherever they bank. It strengthens our position today and sets us to scale at competitive speed as demand for modern payment solutions among Cambodians grows.”

BIDC selected SmartVista for its modular and API-first architecture, enabling the bank to manage both domestic CSS and international Visa card portfolios through a unified card management system. The platform supports contact and contactless EMV cards, multi-account and multi-currency linkage, and policy-driven lifecycle management.

The modernised acquiring infrastructure also expands the bank’s ATM and point-of-sale network while enabling faster clearing and settlement through direct connectivity with national and international payment schemes. Integration with the bank’s mobile banking application allows customers to manage card controls and use virtual cards directly within the app.

“BIDC was looking for one singular platform and SmartVista is designed just like that”, said Veasna Nguon, Business Development Director (Cambodia, Laos and Myanmar), BPC. “We offer scalability and future-proven solutions and tools to deliver innovative secure digital payment experiences. We’re honored to support BIDC at its digitalisation journey as it accelerates retail banking in Cambodia.”