Tag: TrueMoney

Retail Asia23/05/2018
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2min0
Chinese e-commerce giant Alibaba Group Holding is backing Thai conglomerate Charoen Pokphand’s TrueMoney payment service, which will expand to Bangkok’s train services as early as September. Passengers will be able to pay fares and shop at station kiosks by scanning a QR code on their smartphone screen. Alibaba’s Ant Financial owns about 20 per cent […]

Retail Asia04/04/2018
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7min0
TrueMoney Vietnam (“TrueMoney”), part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and payment gateways. TrueMoney is processing over one million transactions per month, with 500,000 customers a month transacting with TrueMoney agents […]

Retail Asia24/10/2017
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5min0
PT Witami Tunai Mandiri, the Indonesian operations of Southeast Asian fintech firm TrueMoney, has reached 13,500 Indonesia customer service points. Through these agent-managed service points TrueMoney provides a suite of e-money solutions, including depositing and withdrawing cash, paying for online purchases, and domestic fund transfers, which are fully compliant with Indonesian central bank regulations. TrueMoney […]

Retail Asia22/08/2017
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1min0
Thailand’s True Corp has introduced the ability to pay for purchases over Apple’s digital platforms using its TrueMoney digital payment service. All TrueMoney customers are now able to purchase items through the App Store, Apple Music or iTunes directly from their TrueMoney accounts, the company announced. Customers with new or existing Apple IDs will be […]

Retail Asia15/10/2016
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23min0
TrueMoney, a subsidiary of Ascend Group, announces the launch of TrueMoney Myanmar and the launch of its fund transfer solution, TrueMoney Transfer. TrueMoney Myanmar aims to be a leading financial service provider, offering bill payment, mobile topup, remittance, and cash collection services. With two offices, one in Yangon and one in Mandalay and a network […]


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