Bangkok Port to go digital with e-payment system
The Port Authority of Thailand (PAT) has revealed that Bangkok Port will go digital with a new e-payment system from 1 September.
There aren’t a lot of details from PAT but this move could open up some interesting developments for e-commerce.
PAT also looks after four other ports in the country – Laem Chabang, Chiang Saen, Chiang Khong, and Ranong.
Elsewhere, Thailand is making some good progress when it comes to fintech.
At the start of this month, IBM said it will be supporting Thailand-based Krungsri Bank’s growth and focus on digital banking as a result of the five-year $140 million engagement between the two firms.
Prior to that, blockchain firm Everex partnered with Myanmar’s Shwe Urban and Rural Development Bank, a mid-tier challenger bank, to implement a cross-border remittance service with Thailand.