Search Results for: payment method
- Bangkok News
Bangkok’s subway introduces new payment methods featuring Visa and Master
The burden of queuing up to purchase your ticket at machines or top-up from ticket booths at Bangkok’s subway is now soon to be gone with MRT introducing new contactless payment methods with Visa and Mastercard, according to its official Facebook post. Passengers will be able to scan there credit card at the gate rather than touching a plastic token…
- Thailand News
Phuket Gazette Thailand News: PDRC sows seeds of rice farmer alliance; Finance Ministry silent on payment methods; Army ramps up lese majeste action
PHUKET MEDIA WATCH– Thailand news compiled by Gazette editors for Phuket’s international community Suthep keen for alliance with angry farmers The Nation / Phuket GazettePHUKET: The anti-government movement led by Suthep Thaugsuban appears to be seeking an alliance with rice farmers as the embattled caretaker government struggles to find the money owed to the farmers under the price-pledge scheme.Yesterday, Suthep,…
- Thailand News
eCommerce growth and digital payment trends in Thailand
As the second-largest digital economy in Southeast Asia, Thailand is seeing a significant shift in consumer purchasing habits due to these technological advancements, including the increasing adoption of digital payment methods. This article explores the current state of eCommerce, popular digital payment methods, and the opportunities they present for digital marketers. eCommerce Growth in Thailand Thailand’s eCommerce sector is thriving,…
- Business News
Student Loan Fund recalculates debt repayment to reduce 100 billion baht bad debts
With a staggering 100 billion baht (US$2.8 billion) in bad debts, the Student Loan Fund (SLF) is set to see a decline in its debt pile following the implementation of a new debt repayment calculation method, according to SLF manager, Chainarong Kajchapanan. This change is a result of the recent amendment of the Student Loan Fund Act (No.2) 2023, which…
- Business News
TrueMoney, true borders: Fintech giants unite for cross-border payments
Ant Group and TrueMoney, a dominant fintech company in Southeast Asia, have forged a collaboration to facilitate mobile payments across borders between China and Thailand, a move that will see Thai tourists making cross-border payments to millions of merchants in China via the TrueMoney e-wallet. The cross-border payments are facilitated by Alipay+, a cross-border mobile payment ecosystem under Ant Group,…
- Business News
Weixin Pay rolls out red carpet for tourists in Thailand with new payment perks
Tencent’s Weixin Pay, commonly known as WeChat Pay, a Chinese payment service provider, has introduced innovative features aimed at simplifying payments for foreign tourists in China and cross-border transactions in Thailand. These features allow visitors to conveniently make payments by scanning QR codes, streamlining the payment process. Starting in July, Tencent has been collaborating closely with major global credit card…
- Thailand News
DLT nets 7 billion baht in vehicle tax due to convenient online payments
The Department of Land Transport (DLT) collected over 7 billion baht in vehicle tax in the first 10 months of the current fiscal year, thanks to the ease of its “from anywhere” payment system. This figure represents the taxes received from the owners of 5.5 million vehicles between October of the previous year and July of the current year. The…
- Business News
Singapore leads Southeast Asia with 97% cashless payment adoption rate
In Singapore, a growing majority of people are opting for cashless payment methods, with the country’s adoption rate of such payments being the highest in Southeast Asia at 97%. This trend has been accelerated by the Covid-19 pandemic and an ongoing national drive for a less-cash society. Digital wallets are expected to overtake credit cards as the most popular online…
- Technology News
Coinbase tapped by Google for crypto payments
In a boost for the cryptocurrency world, tech goliath Google announced plans to allow some customers to pay for cloud services using Coinbase, a leading crypto exchange platform. The announcement from Google gave crypto a much-needed kick after an overall rough year. The rollout will begin with access solely to those customers working in the Web3 industry, allowing selected people to…
- Thailand News
Cryptocurrency payments banned in Thailand, trading still okay
You can put your hopes to rest as Thailand will ban any use of cryptocurrencies as a form of payment. Officials believe that its widespread use will harm the country’s financial system and economy. The new rules that prevent using digital currencies as a form of payment will take effect from April 1. Businesses are given extra time until the…
- News
Mastercard is working on accepting digital currency payments in Thailand
Mastercard is working on accepting digital currencies as payment, according to the Thailand and Myanmar manager of the payments technology company. Mastercard has been collaborating with associated parties in Thailand and around the world to plan for a future of transactions using digital currencies. Digital currencies are expected to become a critical choice for consumers and people want to use…
- World News
Tourism official proposes payment solutions for Russians in Phuket
Following the move by Mastercard and Visa to cut off services to cards issued in Russia, Phuket tourism officials are proposing solutions for Russians stranded there. Yesterday, the president of the Phuket Tourism Business Association proposed three possible solutions: Allow Thai commercial banks to support Russia’s Mir payments system, allow the use of Chinese payment systems such as union pay,…
- Transport News
Credit card payment coming next year for Bangkok transport
One thing that expats often find different from home when they move to Thailand is how cash-based so much of the country is when so many Western countries use credit cards and digital payments almost exclusively. But soon people won’t get caught fumbling for change to catch a bus or train, as the Ministry of Transport announced that credit and…
- Business News
New e-payment service aims to ease fund transfers
PHUKET: A new payment method designed to ease bank transfers, backed by the central bank of Thailand, was announced at a press conference held in Phuket last week. Saowapa Limsila, chief of the Phuket Office of the Comptroller General, and Jongrak Angtanya, vice president of the ‘Phuket Bankers Club’, jointly chaired the meeting held at Phuket Provincial Hall. The new…
- Thailand News
How the official Aviator game offers a virtual adventure in the Land of Smiles
The Aviator plane game brings Thailand’s charm to life through its virtual depiction, offering online betting players a glimpse into the vibrant culture and scenic landscapes. As players engage with the game, they embark on a digital journey that mirrors real-life experiences, from bustling cityscapes to tranquil beaches. This virtual Aviator game adventure not only entertains but also educates players…
- Thailand News
Thai Airways teams up with Amadeus for a major tech overhaul
Thai Airways (THAI) renewed and expanded its distribution agreement with tech giant Amadeus. This strategic partnership aims to deliver a seamless and personalised travel experience, both online and on mobile platforms. THAI will enhance its website and mobile booking channels, ensuring a smoother and more intuitive journey for passengers. Nuthaphol Amawatana, THAI’s head of pricing and revenue management stated that…
- World News
The surge of online casinos in Asia: Leading countries and key drivers
Asia could soon become the largest online gambling market in the world if more countries legalize the industry. For a long time, Asian countries remained quiet while the rest of the world made laws to permit sports betting and online casinos. Now, Asian countries are changing their gambling laws left, right, and centre, from China to India. In this article,…
- Thailand News
How Thailand’s consumer behaviour is being affected by cryptocurrency
Many investors believe that cryptocurrencies have significant potential as investment assets. To cater to this interest, financial products related to traditional asset classes have been introduced in various countries. These products include futures contracts, exchange-traded funds (or more commonly referred to as ETFs), and micro futures contracts, which allow for smaller-scale investments. Furthermore, several major banks now offer their clients…
- Visa Information
How to successfully obtain a non-immigrant B visa for Thailand
Embarking on the journey to secure a non-immigrant B visa for Thailand? You’re not alone. This visa is a crucial stepping stone for those seeking to work or conduct business in the ‘Land of Smiles’. It’s a process that might seem daunting, but with the right guidance, it can be navigated with ease. In this article, we’ll unravel the intricacies…
- Business News
Startups urge inclusion in Thai digital wallet scheme
Startup communities are urging the Finance Ministry to include them in the government’s upcoming digital wallet scheme. They see this as a pivotal chance to promote the adoption of digital technologies among small and medium-sized enterprises (SMEs), fostering digital transformation. President of the Thai Startup Trade Association Yutthana Srisavat, alongside Pawoot Pongvitayapanu, a leading figure in the startup ecosystem has…
- Business News
Superrich faces stalled growth as tourists prefer travel cards
Renowned local money changer Superrich Currency Exchange (1995) Co, known by its SuperRich Orange brand, has faced a challenging start to the year with its transaction growth stalling at zero during the initial four months, despite an increase in foreign travellers. The stagnation in Superrich’s growth is largely due to the rising popularity of travel card services, which are increasingly…
- Business News
How Cryptocurrency is changing consumer behaviour in Thailand
Cryptocurrencies like bitcoin or similar have played a significant role in the global economy in recent times, and Thailand is just one of the countries where these changes are taking place. Since the country has a young population, and this population is actually tech-savvy, it didn’t take long for cryptocurrencies to be adopted. While the popularisation of cryptocurrencies in Thailand…
- Business News
Thailand’s central bank halts proposed 1% fee on credit cardholders
The Bank of Thailand has stalled the proposed introduction of an additional 1% fee on local credit cardholders, necessitating card issuers to consider other alternatives. This decision was taken after several credit card issuers declared that they would be waiving the 1% fee for payments made in baht to overseas registered merchants and online shopping platforms. Earlier in March, these…
- Automotive
Why expats in Thailand are switching to Carzuno for their driving needs
Have you been trying to get a shiny new car in Thailand? Then you’ve probably already heard of Carzuno. It’s one of the companies leading the way in the country’s long term car rental services, a trend that’s currently popular among expats in Thailand. That’s right, more and more expats are now choosing to subscribe to a car through Carzuno…
- Thailand News
Venturing into the fast-paced world of online casinos in Thailand
Exploring online casinos can feel confusing. Thailand’s online gambling scene is growing fast and the country’s potentially looking at legalising casinos altogether. Quite the contrast to the rest of SE Asia, excluding Singapore! We’ll take a quick look at the popular games, laws, and safety tips currently in place in Thailand Popular Online Casino Games in Thailand Despite being mostly…
- Thailand News
Thai Vietjet unleashes cheap ‘Songkran’s Splash Deals’
In a sensational offer set to electrify travel enthusiasts, Thai Vietjet launched its Songkran’s Splash Deals, boasting irresistible fares starting at just 67 baht (excluding taxes and fees) across all domestic and international routes. The booking frenzy kicked off yesterday, April 10, and will continue its whirlwind trajectory until the stroke of midnight on April 13. Seize this golden opportunity…
- Business News
Japan experiences surge in qr code transactions amid push for digitalisation
Across Japan, a surge in electronic payment drives has been noted, as municipalities aim to encourage digitalised consumption through QR code transactions. These campaigns, often run in collaboration with local businesses, have seen increasing popularity, despite resistance from certain demographics, particularly the elderly and those less adept with digital devices. The country’s significant elderly population, a group that has been…
- Visa Information
Elevate your privilege with the Thailand Elite Visa
The Thailand Elite Visa is a leading choice for foreign nationals looking to make Thailand a second home and with good reason. This is a long-term tourist visa granting unlimited travel into and out of Thailand, obtainable by becoming a member of the Thailand Privilege program. Thailand Privilege Co., Ltd., a subsidiary of the Thai government’s Ministry of Tourism and…
- Search Engine Optimisation (SEO)
Revolutionise your marketing: Harness blockchain today
In the rapidly evolving world of digital marketing, staying ahead of the curve is crucial for your success. Enter blockchain technology, a groundbreaking development that’s set to revolutionize how you reach and engage with your audience. If you’re keen on harnessing the latest in tech to boost your marketing efforts, you’re in the right place. Blockchain isn’t just for the…
- Guides
Stay safe in Thailand: How to beat call scams with ease
Navigating through Thailand’s bustling streets, you’re bound to encounter more than just the country’s stunning landscapes and delicious cuisine. Unfortunately, call scams have become a common pitfall, targeting unsuspecting tourists and locals alike. It’s crucial to arm yourself with knowledge and stay a step ahead. Understanding the ins and outs of these call scams can mean the difference between a…
