Pay like a Local in China with Thailand e-wallets

March 01, 2024 06:46 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

BANGKOK, March 1, 2024 /PRNewswire/ -- Breaking new ground in bilateral relations, Thailand and China have entered into a historic visa waiver agreement, allowing citizens of Thailand to travel to China without the need for a visa effective 1st March 2024. As Thailand citizens embrace the newfound freedom of visa-free travel to China, UnionPay International stands ready to welcome them with comprehensive payment solutions.   

Since UnionPay International entered Thailand market in 2006, UnionPay International have partnered with the key financial institutions in Thailand and issued more than 10 million bank cards to-date. Apart from issuing physical cards, UnionPay International also launched innovative payment solutions which enable Thailand tourists to make payment with their existing Thailand e-wallets in China.

Mr. Michael Shang, Country Manager of UnionPay International Thailand, expressed his excitement about this synergistic initiative stating, "We are thrilled to collaborate with 5 local e-wallets namely Kplus, Mbanking, NEXT, KTC mobile and ICBC to offer Thai travellers an enhanced and seamless payment experience during their visits to China. With these collaborations with the above-mentioned local e-wallet players, Thai travellers can save the hassle of downloading a new App and also address their privacy concerns on binding their payment cards to a new app when traveling to China. They can just use their existing Thailand e-wallets (which they are comfortable with) to scan UnionPay QR in China to make payments. I hope our innovative products can further enrich their travel experiences and help foster closer ties between Thailand and China. Along with visa free policy, we are also working closely with other local e-wallets and hope that more Thailand travellers can experience the seamless payment user journey."

For more information on the above-mentioned innovative payment solutions by UnionPay International, you can consult the above-mentioned five e-wallet operators or visit https://www.unionpayintl.com/th/ 

About UnionPay International:

UnionPay International (UPI) focuses on the international business of UnionPay, a global payment network that serves the world's largest Cardholder base. With acceptance in 181 countries and regions, UnionPay International provides high quality, cost effective and secure cross-border payment services to the world's largest Cardholder base and ensures convenient local services to a growing number of global UnionPay Cardholders and merchants.

In Southeast Asia, UPI has enabled ATM, POS acceptance, card issuance and e-wallets across all 10 countries.  For more information on UnionPay International Thailand, visit https://www.unionpayintl.com/th/ 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.