Worldpay enters Thailand, launching domestic acquiring, digital wallets, and fraud protection. It aims to boost local merchant growth and expand global payment solutions in Southeast Asia.
Worldpay has expanded into the Thai market, bringing advanced payment solutions to local merchants and aligning with its global growth strategy. This move allows Worldpay to offer domestic acquiring services in Thailand, supporting local currency settlements and enabling merchants to accept various payment options like LINE Pay, TrueMoney, and PromptPay. The expansion aims to meet the rapidly evolving payments landscape, focusing on secure, fast digital transactions and enhancing customer experience.
Supporting this effort, Worldpay provides robust fraud protection, dispute management, and consulting services backed by global data insights. Its presence in Thailand helps merchants tap into the country’s fast-growing e-commerce sector, projected to grow at 9% annually through 2030.
Overall, this launch enhances cross-border and domestic acquiring capabilities in Southeast Asia. It exemplifies Worldpay’s commitment to expanding its global footprint, with a focus on high-growth markets like Thailand and Latin America.