Thailand-based consumer financial services company Krungthai Card Public Company Limited (KTC) has partnered with China-based technology firm Ant Group to launch ‘Alipay+’, a suite of global cross-border digital payment and marketing solutions, on KTC’s payment gateway.
KTC said in a statement that this latest innovation aims to expand KTC’s Thailand merchant business and accommodate spending from Asian tourists to Thailand through three new Alipay+ partner mobile wallets: AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.
According to the statement, KTC’s payment merchant business is set to grow by 20 percent this year.
King Power and The Mall are two partners in duty-free and retail businesses, that have joined forces and are ready to be the first to offer Alipay+ payment service on the KTC system.
According to KTC Merchant Acquiring Head Naowarat…
