Thailand – BigPay, a financial technology firm in Southeast Asia, has recently announced that it has expanded its financial services to both travellers and residents in Thailand.
In a statement, the company said that users can now sign up digitally to access its benefits, including the ability to make payments at over 130 million merchant locations worldwide, both online and in stores. This includes users being able to withdraw cash through international ATMs.
For this initiative, the e-wallet comes with a Visa virtual card and an on-demand physical Visa Platinum prepaid card.
Speaking about the expansion, Tony Fernandes, chief executive officer at Capital A and executive chairman at MOVE Digital, said, “We want BigPay to be a catalyst for financial inclusion and economic growth in Thailand, where we help bridge the gap for underbanked communities. We look forward to serving the people of Thailand as a brand new financial services provider in the market.”
Apirudee Prachyaset, country head of BigPay Thailand, also said, “Our BigPay Visa Platinum Prepaid card not only provides special discounts and AirAsia points but also exclusive travel and shopping experiences worldwide.
“Features like Stash, Roundup, and Analytics are designed to improve financial wellbeing, helping Thai users develop healthy financial habits and save effortlessly for their travels and future goals,” she further shared.
Meanwhile, Punnamas Vichitkulwongsa, country manager at Visa Thailand, said, “This also aligns with the growing cashless trends in the country, as our recent study shows, eight in 10 consumers (81%) have attempted to go cashless, with the Gen-Z [age 18 to 23 years] segment leading this shift.
“We believe the speed, convenience, and security that are synonymous with digital payments, together with a suite of privileges, will make BigPay eWallet a preferred choice for our cardholders,” concluded Punnamas.
