TrueMoney, Southeast Asia’s leading e-payment and financial service provider, operated by Ascend Money is expanding its foreign e-wallet user base in Thailand by introducing “TrueMoney Wallet for Foreigners” to facilitate financial inclusion and deliver a cashless payment experience to foreign users and migrant workers in Thailand. In addition to the Thai and English language available in the TrueMoney Wallet application, TrueMoney has added the Burmese language to its application to serve more than 2 million Burmese workers in Thailand, and allow safe and more convenient cross-border remittances from Thailand to Myanmar free of any transfer fees through the “In-App TrueMoney Transfer” feature.
Prior to this, TrueMoney Transfer service was provided through 11 service points in areas with a high density of Burmese workers, namely Bangkok, Samut Sakhon and Nakhon Pathom provinces. There are currently 4,000 TrueMoney Transfer service points in Myanmar. The new In-App TrueMoney Transfer will help Burmese migrant workers save travel time to service points and enable them to directly transfer money to their homeland through the TrueMoney Wallet application at no fee.