Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.


Just the beginning for SCB and Ripple’s journey together

SourceOriginal
#1
The world is getting digitized at a fast pace and eight of the top ten countries in Asia use mobile payments.
A recent survey by PwC says a staggering 86% of China’s population uses mobile payment appswhile in Thailand, it’s as high as 67%.

Hence, the launch of the SCB Easy app but “this is just the beginning for SCB and Ripple’s journey together.”
The bank is also working with Ripple to offer cross-border EMCVo QR payments, a popular method across Southeast Asia typically used within the local areas. This will allow SCB to offer micro-payment services to its customers as well. Sriumporn explained,
“IMAGINE YOU ARE A TOURIST COMING TO THAILAND, AND YOU CAN USE YOUR HOME COUNTRY MOBILE APPLICATION TO SCAN FOR PAYMENT AND ELIMINATE THE NEED TO EXCHANGE FOR LOCAL CURRENCY. YOU CAN USE YOUR MOBILE APP, SCAN THE QR PAYMENT AND RECEIVE GOODS RIGHT AWAY.”
In 2020, SCB is planning to expand into Laos, Myanmar, Cambodia, and Vietnam.
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Ripple Releases 1,000,000,000 XRP Worth $226 Million MegaMind 0 485 03-20-2020, 08:50 AM
Last Post: MegaMind
  RIPPLE (XRP) Coinz 0 442 03-16-2020, 09:27 AM
Last Post: Coinz
  RIPPLE (XRP) Mabel1 0 443 03-13-2020, 07:40 PM
Last Post: Mabel1
  Ripple Price Approaching Support Nana 0 406 02-21-2020, 03:28 PM
Last Post: Nana
  WHAT TONE VAYS HATES MOST ABOUT RIPPLE’S XRP TOKEN Kaykaley 0 647 02-19-2020, 11:31 PM
Last Post: Kaykaley