Cashless payment
- Lifestyle
Don’t carry cash in Thailand
Are you planning a trip to Thailand? With the many temples, beaches, and other attractions Thailand offers, you will definitely have a memorable experience. However, before your trip, there is an important factor that you should consider other than your passport/visa issues and that’s money. Recent modifications in policies have established that a sufficient amount of cash must be on…
- Thailand News
Thailand 7-Eleven stores now accept QR code payment
Shoppers, rejoice! Thailand’s 7-Eleven stores just made paying for your snacks and drinks easier with the introduction of PromptPay QR code payments. But while customers love the convenience, smaller grocery stores may be facing a fresh nightmare. 7-Eleven’s official Facebook page announced today the rollout of PromptPay, a move that left fans buzzing. “Tears are flowing #Consumers, what do you…
- World News
Malaysia and Cambodia launch cross-border QR payment system
Malaysia and Cambodia have collaboratively launched a cross-border quick response (QR) payment linkage, enabling consumers and merchants to conduct instant retail payments via mobile applications. This initiative, announced by Bank Negara Malaysia and the National Bank of Cambodia (NBC), aims to enhance the payment experience and expand market reach for over 5 million merchants in both countries, primarily small businesses.…
- Thailand News
Thailand drives PromptPay QR code payments forward
The Bank of Thailand (BOT) is accelerating its efforts to expand the digital payments ecosystem, aiming to make transactions more accessible and convenient for both Thai citizens and foreign visitors. This strategic move aligns with the growing global trend toward digital financial solutions and aims to enhance financial inclusion and cross-border transactions. A key focus of the BOT‘s initiative is…
- Thailand News
Bangkok BTS accepts WeChat Pay
In a move set to revolutionise the travel experience for Chinese tourists in Bangkok, the city’s iconic BTS Skytrain has opened its gates to the Chinese WeChat Pay. Tourists will be able to enjoy a seamless journey across the vibrant city as this alternative payment option takes centre stage at every ticket vending machine across all 68 stations on the…
- Thailand News
Hot pot buffet shifts to cashless payments from January 2024
The renowned Hot Pot Buffet restaurant chain announced a shift in its payment methods, heralding the onset of a cashless society. As of January 1 next year, customers in Thailand can no longer pay with cash but must opt for credit card payments or QR code scanning. As society becomes increasingly cashless, many businesses have adapted their payment systems. They…
- Thailand News
Hong Kong and Thailand join FPS with PromptPay, unlocking cross-border QR payment linkage
In a move set to redefine international payments, Hong Kong‘s Faster Payment System (FPS) joined hands with Thailand‘s PromptPay, unlocking a seamless cross-border QR payment linkage. Hong Kong and Thailand have unleashed a financial revolution, enabling residents to flex their digital wallets across borders. The cross-border QR payment linkage between Hong Kong’s FPS and Thailand’s PromptPay is set to transform…
- Lifestyle
How to go cashless at 7-11 Thailand
Cash is still king in many parts of Thailand. But, you know those times when you just want to quickly buy something from 7-11 without counting out the right amount of cash or waiting for change? Well, good news! 7-11 in Thailand offers various payment methods, including cashless options. You don’t even need to bring your wallet or your cards…
- Thailand News
Cash crackdown: Thai government’s e-payment pledge to curb corruption
Prime Minister Srettha Thavisin revealed yesterday that the Thai government is set to implement e-payments across the state sector as a pivotal strategy to tackle the rampant issue of corruption. The announcement was made at an Anti-Corruption Day event organised by the Anti-Corruption Organization of Thailand (ACT), which the prime minister chaired. This event marked Srettha’s first public forum since…
- Business News
Line Man Wongnai and Line Thailand tap into booming Thai e-payment market
Tech giants Line Man Wongnai and Line Thailand recently revealed plans to expand their businesses by capitalising on the rising e-payment market within their business ecosystem. They officially announced last month their successful joint acquisition of shares in Rabbit Line Pay Co (RLP) from previous shareholders, RabbitPay System Co and Advanced mPAY Co. This crucial transaction has allowed Line Man…
- Thailand News
Central Retail and Ant Group introduce Alipay+ for Asian tourists in Thailand
Central Retail Corporation Limited (CRC) in collaboration with Ant Group has introduced Alipay+, a comprehensive international digital payment platform. The service launched by Piyawan Leelasompop, Deputy Managing Director of Marketing at CRC, facilitates seamless transactions for Asian tourists from China, Hong Kong, Malaysia, and South Korea through their existing local mobile wallets. The tie-up with Ant Group will enable visitors…
- 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…
