The launch of Google Wallet in the Thai market

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The fact that boarding cards for AirAsia and tickets for Thai Ticket Major may both be stored in a wallet makes it much simpler to go through security. Google Wallet makes use of a “fake” debit card that has a number for an account that does not actually exist. Your bank account information will remain private as a result of this action. According to the individual in charge of Google Thailand’s Southeast Asia Digital Economy Report 2022, digital payments are on track to become the standard by the year 2022. According to Aileen Chew, a member of the Mastercard team who serves as the country manager for Thailand and Myanmar, “Thailand is a fantastic illustration of how Mastercard envisions the future of digital payment systems functioning. The ways in which Thais manage their finances and pay for goods and services have been revolutionized as a result of the advent of digital payment options. Google Pay is going to be introduced in Thailand thanks to a collaboration between Mastercard, Bangkok Bank, and Krungthai Bank. The strength of Thailand’s online payment systems will increase as a result of this. Mastercard is committed to providing its cardholders with additional options for making online payments. in order to provide people the freedom to spend their money however they like.” The Bank of Thailand is leading the charge to make Thailand a cashless society by encouraging the widespread adoption of alternative digital payment methods, with the goal of replacing cash by 50 percent by the year 2026. Residents of the region will soon be able to make digital payments overseas without having to exchange currencies if the regional central bank and four other central banks in Southeast Asia are successful in establishing a QR-code-based cross-border payment zone. It is possible to use Google Wallet in Thailand. Google Wallet enables users to pay for goods and services using their mobile device or wearable device at no additional cost. It is compatible with mobile devices as well as wristwatches. Google Wallet is compatible with mobile devices such as smartphones and tablets, as well as wearables.

A virtual wallet gives you the ability to save your loyalty cards, tickets, and boarding passes. When you link your credit or debit card to your Google Wallet account, you will have the ability to make payments at a variety of locations, including 7-Eleven, McDonald’s, and Gourmet Market, among others. Install the app on your device, then press anywhere on the screen to begin using it. It is recommended that visitors from other countries in Thailand utilize Google Wallet because QR code payments are not accepted at 7-Eleven locations in Thailand. 7-Eleven doesn’t accept QR codes. If the majority of Thais use TrueMoney Wallet at 7-Eleven, then needing to present identification might be a cause for concern. In Thailand, the use of QR code payments is so widespread that very few individuals actually carry currency. You can’t pay for anything online at 7-Eleven, even though you can do so everywhere else. Google Wallet is compatible with credit cards issued by Bangkok Bank and Krungthai Bank, both of which are located in Thailand. The wallet is compatible with both Visa and Mastercard credit and debit cards. Only Android phones, and not iPhones, are compatible with Google Wallet in Thailand. iPhones are not supported. You are able to download apps at no cost from the app store. People are able to add their Starbucks and other loyalty cards to their Google Wallet accounts.