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Thailand: Singtel, AIS and KBank in cross-border mobile payment alliance

The Singtel Group on Tuesday debuted VIA, its cross-border mobile payment alliance with regional associate Advanced Info Service (AIS) and additional launch partner Kasikornbank (KBank), Thailand’s largest digital bank.

Singapore-based Singtel, AIS and KBank will now offer QR code-based mobile payments through mobile wallets – Singtel Dash, AIS GLOBAL Pay and Rabbit Line Pay –  in Singapore and Thailand. 

These can be used at all merchants displaying the VIA brand and more than 1.6 million merchants displaying the Thai QR code.

The VIA alliance is the first initiative of its kind to connect both telco and non-telco mobile wallets across borders to create a region-wide payment network that will enable consumers to use their local mobile wallets when travelling, Singtel said. 

The Singtel Group will progressively expand the alliance to include other regional associates – Airtel in India, Globe in the Philippines and Telkomsel in Indonesia – working within each country’s regulations, the company added.

Source: http://www.nationmultimedia.com/detail/Corporate/30355638