Worldpay has recently introduced domestic acquiring services in Thailand, further expanding its presence in the Asia-Pacific region which now encompasses ten markets.

This development enables Thai businesses to benefit from local settlement in baht and integrate a variety of alternative payment methods, including PromptPay, LINE Pay, TrueMoney, as well as online banking solutions.

Alignment with Global Expansion Strategy

The launch of these services is part of Worldpay’s broader expansion plans, which have seen the company enter new markets such as Colombia, Mexico, and the United Arab Emirates. The primary goal is to enhance domestic acquiring capabilities across regions where there is a significant rise in demand for digital payments.

Empowering E-commerce Growth in Thailand

According to Worldpay’s Global Payments Report, Thailand’s e-commerce sector is forecasted to grow at an average annual rate of 9% through 2030. As cash usage diminishes and more consumers opt for digital wallets and account-to-account (A2A) payments, local and international businesses are adapting to meet heightened expectations for both speed and security.

Worldpay officials highlighted the importance of offering diverse payment options that cater to local preferences. They noted that the company’s regional teams help merchants navigate regulatory challenges while providing access to data-driven insights and tools aimed at fraud prevention and dispute resolution.

Incorporating Advanced Payment Solutions

Beyond just alternative payments, businesses in Thailand can now use Worldpay’s advanced fraud protection systems and advisory services. The company also provides a unified integration platform for global merchants to process transactions in over 170 countries.