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TrueMoney

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True Money
Company typePrivate
IndustryElectronic Payment, Fintech
Founded2003
HeadquartersHuai Khwang District, Thailand
Key people
Punnamas Vichitkulwongsa
Number of employees
1000-1500
ParentAscend Corporation
Website[1]

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

TrueMoney Wallet is an electronic wallet that allows users to scan and pay bills, top up their mobiles, purchase the TrueMoney Cash Card, purchase the Alipay Purchase Card, purchase Line stickers, purchase Facebook items and activate the WeCard by MasterCard. The WeCard by MasterCard is a virtual and physical prepaid debit card that can be used to make purchases online and at any outlets which accept MasterCard. The TrueMoney Cash Card can be used for mobile and game topup. The kiosk can be used to pay bills, top up mobile and top up TrueMoney Wallet. Express is over-the-counter service with TrueMoney agents to pay bills and top up mobile. Payment Gateway is the service for online merchants to receive payment from buyers for their goods. Remittance is the cross-border money transfer service.[2]

TrueMoney was founded in 2003 as part of True Corporation but is now under Ascend Corporation, which is a spin-off of True Corporation and a subsidiary of C.P. Group.[3]

Products and services

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]

Partners

Google[5]

Alipay (payment platform)[6]

See also

References

  1. ^ "True Money Company Limited: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-04-21.
  2. ^ "TrueMoney ประกาศผลักดันไทยใช้ Cashless Society ด้วยศักยภาพการเป็น FinTech ระดับแนวหน้าของประเทศไทย". Siamphone (in Thai). Retrieved 2016-04-21.
  3. ^ Thailand, Nation Multimedia Group Public Company Limited, Nationmultimedia.com,. "E-wallet key service as True Money eyes 15% growth - The Nation". The Nation. Retrieved 2016-04-21.{{cite web}}: CS1 maint: extra punctuation (link) CS1 maint: multiple names: authors list (link)
  4. ^ "True Money makes regional moves | Bangkok Post: business". Bangkokpost.com. 2015-04-16. Retrieved 2015-06-25.
  5. ^ "Wallet by truemoney - Android Apps on Google Play". Play.google.com. Retrieved 2015-06-25.
  6. ^ "Wallet by TrueMoney เปิดตัวบริการใหม่บัตรเงินสด Alipay". Manager Online. Retrieved 2016-04-21.