XSOLLA SIGNIFICANTLY EXPANDS PAYMENT SOLUTIONS IN CAMBODIA AND INDONESIA TO MAXIMIZE GAME DEVELOPERS' REACH ACROSS SOUTHEAST ASIA LOCAL MARKETS

Xsolla Introduces 8 New Local Payment Methods in Cambodia and 12 New Payment Options in Indonesia, Supporting Game Developers in Reaching Growing Markets Across Southeast Asia

LOS ANGELES, Oct 25 (Bernama-BUSINESS WIRE) -- Xsolla, a global video game commerce company, is pleased to announce the expansion of its payment solutions in Cambodia and Indonesia, providing access to localized payment methods tailored to each region. This initiative aligns with Xsolla's broader strategy to strengthen its presence across Southeast Asia (SEA) and support game developers in effectively monetizing and distributing their games in these rapidly growing markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024009821/en/ 

In Cambodia, Xsolla introduces eight new payment methods, including Internet banking options and digital wallets, tailored to the preferences of Cambodian users. This strategic expansion covers up to 90% of the payments market, ensuring that nearly every player in Cambodia can pay using their preferred method. For example, Bakong KHQR, a QR code-based payment system, holds 45% of the market share, while Acleda Bank accounts for 15%. Supported by the country’s ongoing digital transformation, with digital payment transactions surging by 28.7%, these solutions, including Wing Money, Pi Pay, and others, will enable game developers to reach nearly 2 million gamers in Cambodia, facilitating seamless checkout experiences and boosting sales.

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