Rapyd Launches Payment Capabilities in Thailand

Just a little over a month after announcing its payment capabilities debuted in South Korea, B2B fintech-as-a-service provider Rapyd announced it has launched the capabilities in Thailand.

According to Rapyd, the integrated solution is a comprehensive set of local and international payment methods that includes local e-wallets, bank transfers, cash, credit, and debit cards. International companies can now offer localized checkout experiences with access to an extensive list of local payment methods preferred by Thai consumers.

“Partnering with leading Thai payment solution providers, including Rabbit LINE Pay, Omise, Razer Merchant Services, and GB Prime Pay, Rapyd now provides local payment options like international and local cards (Visa, Mastercard), bank transfers (Kasikorn, Krungsri, Siam Commercial Bank, Krung Thai Bank, and Bangkok Bank), real-time payments via PromptPay, eWallets (Rabbit LINE Pay, TrueMoney), and cash over-the-counter (Tesco Lotus, Big C).”

Speaking about the expansion, Joel Yarbrough, Vice President for Asia Pacific, Rapyd, stated:

“We are thrilled to partner with leaders in the Thai payment ecosystem to offer preferred local payment options Thai consumers use every day for their online and physical transactions. And with the recent rollout of Rapyd Protect, an industry leading online fraud tool, companies can have the confidence to grow their online business safely and securely while they tap the explosive potential of the Thai eCommerce market.”

Founded in 2016, Rapyd’s global payments network connects companies to “all the ways the world likes to pay.” The company noted:

With Rapyd, digital sellers in Latin America can accept cash. Online shoppers in Asia can pay with their favorite ewallet. And businesses can make payouts to companies and individuals anywhere in the world. With 900+ payment methods in 100 countries, you can open new markets, reach new customers, and create new opportunities anywhere.”

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