Singapore & Thailand: Turning QR Codes into a Payment Passport
Picture this: you’re strolling down a bustling Thai market, your phone in hand, and suddenly you spot a PromptPay QR code glowing on a stall’s sign. With a quick scan, you can pay—no cash needed—thanks to a fresh partnership between Singapore’s Nets (the Network for Electronic Transfers) and Thailand’s own National ITMX.
What’s the Deal?
- Expanded Cross‑Border QR Payments – The duet of Nets and ITMX is now topping up the flow of digital money from Singapore to Thailand.
- Local App Players – Two popular banking apps—DBS PayLah! and OCBC Pay Anyone—give users the ability to tap any of the 8 million plus PoS spots in Thailand.
- UOB TMRW Joins the Fun – Starting next year, UOB TMRW users will also receive this same magic, making cross‑border shopping smoother than ever.
Why It Matters
This isn’t just a tech upgrade—it’s a passport to effortless, ready‑made payments that keep travelers and expats laughing all the way to the mall.
<img alt="" data-caption="How to use PayLah to pay in Thailand.
PHOTO: Nets” data-entity-type=”file” data-entity-uuid=”7de39d16-0855-4162-a86e-d0fa2a922971″ src=”/sites/default/files/inline-images/DBS_PayLah_PromptPay__User_Interface_.jpeg”/>
Paying Singapore the Easy Way: How QR Codes Turn Thai Cash into Singapore Dollars
What’s the deal? Thai tourists with a Bank of Ayudhya, Bangkok Bank or Krungthai Bank card can simply scan a QR code using their bank’s app. The screen pops up with the merchant’s name, the amount in Thai baht, the real‑time exchange rate and the equivalent in Singapore dollars. A quick tap and the money’s out—no cash or cards involved.
Singapore‑side: Ready to Accept Thai Money?
Singapore businesses with a Nets merchant account can do the same for Thai customers. Once the QR is scanned, the payment is routed instantly, and the merchant sees the final Singaporean amount before the transaction is settled.
- Scan the QR with your bank’s mobile app.
- Confirm the merchant name and price in baht.
- Check the exchange rate and final amount in Singapore dollars.
- Tap “Pay” and voilà—transaction done in seconds.
Friendly reminder: always keep your phone’s battery up, and double‑check the merchant’s name before you hit “Pay” – you don’t want to accidentally drop your breakfast into someone else’s wallet!
<img alt="" data-caption="How to use Pay Anyone in Thailand.
PHOTO: Nets” data-entity-type=”file” data-entity-uuid=”2e8d08ac-c2f7-4dc8-acfc-7af3ac9fac50″ src=”/sites/default/files/inline-images/OCBC_Pay_Anyone_PromptPay__User_Interface_.jpeg”/>
No-Fee Delight for Shoppers in Thailand & Everywhere Else!
Hey folks, if you’re a consumer in Thailand or around the globe, good news! Your grocery trips and online orders won’t bite you with extra transaction fees. Zero fees. That’s right—just plain, sweet payments with no extra cost.
What’s In it for Merchants?
- Standard Nets Service Charge: Merchants only pay the usual fee that comes with having a reliable payment gateway. Nothing else.
- All you get is the same top-tier service that keeps the money flowing smoothly.
Nets & The Global QR Dance
Nets wasn’t just chilling on its own. Previously, it teamed up with UnionPay International to bring the QR code magic to:
- Australia
- China
- Hong Kong
- Japan
- Malaysia
- South Korea
- Thailand
Now that partnership is still going strong—smart QR payments are your new one‑stop shop.
Allying with Alipay+
To make ordering even easier for merchants, Nets joined forces with Alipay+. More options, more convenience, more smiles. Merchants gain access to a bigger toolkit; customers enjoy a smoother checkout experience.
Takeaway
Summing it up: Shopper-friendly, zero-fee clicks for you, and a single, straightforward fee for merchants. It’s win‑win for the whole ecosystem.
For those fascinated by how e‑wallets mesh with local payment consoles—check out the Alipay+ foreign e‑wallets feature now working with Nets terminals.
— An Article from Hardware Zone
