E-payment players ready to rumble | Bangkok Post: business - News Summed Up

E-payment players ready to rumble | Bangkok Post: business


According to the Bank of Thailand, e-payment value rose from 266 trillion baht in 2014 to 328 trillion in 2016, up 23%. Over the next few years, the top mobile payment providers should become obvious. True Money, AIS and AirPay are trialling their QR payment technologies in the Bank of Thailand's regulatory sandbox and hope to go mainstream soon. Piyachart Ratanaprasartporn, chief executive of e-payment provider 2C2P Thailand, said e-payment is important to support e-commerce, which has seen double-digit percentage growth for many years. Mobile payments from big corporations like Apple and Samsung are also on the way to Southeast Asia.


Source: Bangkok Post December 11, 2017 23:48 UTC



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