Krungsri App Allows QR Funds Between Thailand and Hong Kong


Krungsri App Enables QR Payments Between Thailand and Hong Kong



by

January 3, 2024

Financial institution of Ayudhya (Krungsri), part of Mitsubishi UFJ Monetary Group (MUFG), has lately expanded its companies within the ASEAN area by launching cross-border QR funds between Thailand and Hong Kong.

Vacationers from Thailand and Hong Kong could make funds through the use of cell fee apps to scan Hong Kong’s FPS QR code and Thailand’s PromptPay QR Code displayed on the retailers’ level of sale.

Accessible through the KMA krungsri app from 27 December onwards, this QR fee service additionally permits customers to generate a MyPromptQR code for in-store scanning.

Moreover, the service reportedly gives real-time alternate charges which can be extra favorable than these sometimes out there with bank cards.

The service being launched in Hong Kong has already been launched in six international locations particularly Japan, Cambodia, Indonesia, Malaysia, Singapore, and Vietnam.

Krungsri shared that this was made attainable by leveraging its dad or mum firm MUFG’s in depth international community.

Pairote Cheunkrut

Pairote Cheunkrut

Pairote Cheunkrut, Chief Technique Officer at Krungsri mentioned,

“The launch of QR code funds between Thailand and Hong Kong, in collaboration between the Financial institution of Thailand and the Hong Kong Financial Authority (HKMA), marks a big milestone for Krungsri.

 

As a number one financial institution in Thailand, our involvement in co-developing the venture showcases our dedication to delivering trusted monetary companies and underscores {our capability} to attach prospects all through the area.”

 

 

Featured picture credit score: Edited from Freepik



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