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Friday, May 3, 2024

Tie-up eases mobile cross-border payment

Mr Feagin, left, and Ms Monsinee. Ms Monsinee said there are 28 million people in Thailand using the TrueMoney app at present.

TrueMoney, one of Southeast Asia’s leading fintech companies, has partnered with Ant Group to launch cross-border mobile payments between Thailand and China, which will let Thai tourists use the TrueMoney e-wallet to make payments to tens of millions of merchants in China.

Cross-border payments are powered by the Alipay+ cross-border mobile payment ecosystem with over 10 million payment points in China. Alipay+ provides marketing and digitalisation solutions and is operated by China’s Ant…

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