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T2P integrates with Wise Platform for faster, cheaper and more transparent transfers for customers in Thailand
We’re excited to announce that Wise Platform, Wise’s infrastructure solution for banks, fintechs and enterprises has teamed up with T2P Co., Ltd., a leading payment solution as our first partner in Thailand! Together, we will bring faster, cheaper, and more transparent international money transfers to their customers.
This integration also makes T2P the first fintech in Thailand to provide international money transfers to their customers with no exchange rate mark-ups or hidden fees within their DeepPocket app. Thanks to our powerful API, Wise is seamlessly integrated into the DeepPocket app, so customers can send funds directly from the app, at significantly lower-cost than offered by other traditional service providers in Thailand.
Mr. Taweechai Pureetip, CEO of T2P Co., Ltd., said “At T2P, we aim to empower our users with seamless, convenient and fast payments. We’re delighted to partner with Wise Platform to bring that to life, enabling DeepPocket users to access cheaper and faster international payments seamlessly within the app. Through this partnership with Wise Platform, users will also be able to enjoy international transfers at the mid-market rate, without any exchange rate mark-ups or hidden fees, in addition to our user-friendly application interface.”
“Our focus at T2P has always been on building a one-stop financial platform for our customers, and this collaboration with Wise Platform is a step in the right direction. We are excited for our customers to try out this new service, which will streamline their international transfers, saving both time and money. This includes anyone who has a cross-border financial need, including parents who are sending money to their children studying abroad, as well as expats transferring funds back home,” Mr. Taweechai Pureetip added.
At launch, customers can transfer funds from Thai Baht (THB) to 16 currencies, including USD, GBP, EUR, AUD, SGD, MYR, IDR, and more in just a matter of seconds. Over 60% of transfers sent through Wise globally are instant (completed in less than 20 seconds).
Samarth Bansal, General Manager, APAC at Wise Platform commented, “We’re thrilled to enable millions of more Thais access to faster, cheaper international transfers from THB. With the digital remittances market in Thailand projected to grow by 5.71% (according to Statista), there is a growing need for people to send money internationally in multiple currencies quickly and affordably. We are delighted to now be a part of T2P’s solution to drive faster, cheaper and more transparent international transfers to their own customers, and look forward to embarking on this journey together to revolutionise cross-border payments.”
To learn more about how Wise Platform is opening up a world of payments for banks and global enterprises, visit our website.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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