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TrueMoney International
Company typePrivate
IndustryE-payment, Fintech
Founded2003; 21 years ago (2003)
HeadquartersPhra Khanong, Thailand,
Bangkok
Area served
Asia
Key people
Tanyapong Thamavaranukupt
Monsinee Nakapanant
Number of employees
1000
ParentTrue Corporation (formerly)
Ascend Group
Websitehttps://www.truemoney.com

TrueMoney is a financial technology brand, providing e-payment services in Southeast Asia. In Thailand, the platform includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway and Remittance.[1]

History

TrueMoney was founded in 2003 as part of True Corporation but now reorganized under Ascend Group in 2014, a spin-off of True Corporation and a subsidiary of Charoen Pokphand Group.[2]

TrueMoney features a remittance service, and has initiated cross-border remittance from Myanmar and Cambodia, to Thailand.[3]

Products

Regional expansion

TrueMoney has offices in Thailand, Vietnam, Cambodia, Myanmar, Indonesia and the Philippines. TrueMoney has licenses to operate e-money in almost every Southeast Asian country.[4] As the flagship venture, Thailand's TrueMoney counts Google[5] and Alipay[6] as partner payment platforms.

See also

References

  1. ^ "True Money Company Limited: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 21 April 2016.
  2. ^ Thailand, Nation Multimedia Group Public Company Limited, Nationmultimedia.com. "E-wallet key service as True Money eyes 15% growth - The Nation". The Nation. Retrieved 21 April 2016.((cite web)): CS1 maint: multiple names: authors list (link)
  3. ^ "TrueMoney ประกาศผลักดันไทยใช้ Cashless Society ด้วยศักยภาพการเป็น FinTech ระดับแนวหน้าของประเทศไทย". Siamphone (in Thai). 14 March 2016. Retrieved 21 April 2016.
  4. ^ "True Money makes regional moves | Bangkok Post: business". Bangkok Post. Bangkokpost.com. 16 April 2015. Retrieved 25 June 2015.
  5. ^ "Wallet by truemoney - Android Apps on Google Play". Play.google.com. Retrieved 25 June 2015.
  6. ^ "Wallet by TrueMoney เปิดตัวบริการใหม่บัตรเงินสด Alipay". Manager Online. Retrieved 21 April 2016.
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