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TrueMoney

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Type
  
Private

Area served
  
Southeast Asia

Headquarters
  
Bangkok

Industry
  
E-payment, Fintech

Number of employees
  
1000-1500

Founded
  
2003

TrueMoney titanpaycomimagesTruemoneylogopng

Key people
  
Punnamas Vichitkulwongsa (CEO)

Website
  
TrueMoney ThailandTrueMoney PhilippinesTrueMoney CambodiaTrueMoney IndonesiaTrueMoney MyanmarTrueMoney Vietnam

Parent organizations
  
True Corporation, Ascend Group, Thana Telecom Corporation Limited

Profiles

What is truemoney wallet


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.

Contents

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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 C.P. Group.

Services

In Thailand, TrueMoney Wallet is a flagship service, and is an electronic wallet that allows users to scan and pay bills, top up, and purchases. The company makes use of its extensive 7'Eleven network in the country. The service produced other spin-offs like WeCard, in partnership with MasterCard, and TrueMoney Cash Card, for specialized top-up services like gaming. It also includes Payment Gateway for servicing online merchants.

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

Products

  • Payment gateway
  • Stored value card
  • Electronic bill payment
  • Cash on Delivery
  • Controlled payment number
  • 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. As the flagship venture, Thailand's TrueMoney counts Google and Alipay as partner payment platforms.

    References

    TrueMoney Wikipedia


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