Cashless payment
- 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…
- 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…
- 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…
- 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
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…
- 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
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…
- 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…
