MPay

mPay
Private
Industry Electronic payment processing
Founded 2003
Founder Thaksin Shinawatra
Headquarters Bangkok, Thailand
Parent Advanced Info Service
Website mpaystation

mPay is a payment processor and one of Thailand's 3 major payment service providers. It is a subsidiary of the Advanced Info Service, a company founded by Thaksin Shinawatra, the ex-prime minister of Thailand.[1][2] Its partners include CIMB[3] and 2C2P.[4]

According to a 2014 article in The Nation, mPay has around 1.6 million registered users, of which roughly 1.2 million are end-users and 400,000 are mPay agents. 150,000 of mPay's end-users use the service monthly, spending on average Bt30,000.[5] In November 2015, 4 million people in Thailand used mPay,[6] and in August 2013, mPay had around 700 merchant partners.[7]

See also

References

  1. Sale of Shin Corporation to Temasek Holdings
  2. Thailand, Nation Multimedia Group Public Company Limited, Nationmultimedia.com,. "E-wallet key service as True Money eyes 15% growth - The Nation". Retrieved 20 September 2016.
  3. Thailand, Nation Multimedia Group Public Company Limited, Nationmultimedia.com,. "CIMB Thai to use mPay for its Beat Savings mobile service - The Nation". Retrieved 20 September 2016.
  4. "2C2P News". Retrieved 20 September 2016.
  5. Pornwasin, Asina (March 18, 2014). "Cashing in on a cashless society". The Nation. Retrieved September 25, 2016.
  6. "Mobile networks team up for e-payment". Bangkok Post. September 3, 2015. Retrieved September 25, 2016.
  7. "Opening the electronic wallet". Bangkok Post. August 19, 2013. Retrieved September 25, 2016.

External links

This article is issued from Wikipedia - version of the 11/27/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.