WorldPay has announced its entry into Thailand by launching local acquired capabilities, which expands its mark in the Asia Pacific region.
The company said that its entry into the market will enable international traders to better serve Thai consumers.
This WorldPay move allows a local currency settlement and access to common alternative payment methods (APMS), including linear wages, TruemonEy, Promspay, and online banking services.
The company said that Thai merchants will also benefit from the company -added services group, such as multi -layer fraud protection, dispute management and data -based visions.
“The scene of payments is rapidly developing in Thailand, where we see a major transformation from cash use to digital portfolios and account account,” said Gabriel de Montessos, president of Global Enterprise at WorldPay.
“Our experts in the market help traders to improve their offers, move in complications, and ensure that they accept the appropriate mixture of payment types, allowing them to open growth opportunities.”
Thailand becomes the ninth country in the Asia Pacific region, where WorldPay now offers home acquisition and joining Australia, New Zealand, Singapore, Hong Kong, Japan, Malaysia, India and South Korea.
The expansion is part of the broader WorldPay strategy to support global trade with local payment experiences, improve delegation rates, and simplify international companies’ operations.
Thai e -commerce is expected to grow by 9 % annually until 2030, according to the global global payment report, making it a major growth market.
WorldPay recently added access to capabilities in Colombia, Mexico and the United Arab Emirates, confirming its global ambitions.