Sunday, 14 September 2014 22:25

Thailand: Offline vs. Online retailing

Thailand is currently one of the largest markets for Internet retail in Asia, but despite enjoying growth in 2013, Internet retail sales in Thailand represented only 1% of total retail.
Thailand has a highly developed financial sector. Bank branches are widespread. Debit cards are experiencing rapid growth, and credit cards are beginning to penetrate the low-income market. Point-of-sale devices have increased dramatically and ATM’s are currently the primary means of conducting financial transactions.
Monday, 24 June 2013 22:46

True Money eyes triple rate growth

True Money, the Thai online payment service of True Corporation, expects its revenue growth rate will triple this year on the back of smartphones sales coupled with the launch of 3G service in the country.