NITMX, Ant International, Krungthai Bank Expand Payment Connectivity Between Thailand and China via PromptPay

NITMX, Ant International, Krungthai Bank expand payment connectivity between Thailand and China via PromptPay

Global digital payment firm Ant International and National ITMX (NITMX) will team up to enhance and promote payments connectivity via PromptPay, between Thai merchants and Chinese consumers, which will be launched soon. The trio said in a statement on Friday that Krungthai Bank will be the settlement bank for this cross-border QR partnership. In the initial phase, Chinese travelers to Thailand can use Alipay, an Alipay+ e-wallet partner, to make…

Ant International, ITMX, and Krungthai Boost Thailand-China QR Payments

Under the guidance of the Bank of Thailand, Ant International, National ITMX, and Krungthai Bank are collaborating to strengthen cross-border payment connectivity between Thailand and China via PromptPay. Krungthai Bank will serve as the settlement bank for the initiative, which will enable Chinese travellers to make payments at Thai merchants by scanning PromptPay QR codes using Alipay, an Alipay+ e-wallet partner. PromptPay, introduced by the …