We're reinventing the wheel because in most major tourist centers, you can already settle your business transactions using a multitude of different digital payment systems. In fact, Visa is trying to secure a kind of monopoly on financial transactions with the complicity of the Thai authorities. Follow the trail of the brown envelopes. In Pattaya, you can already pay in most established businesses with just your bank card. Outside of tourist centers, I don't see Somchai, with its Mom Pop Shop, going digital anytime soon. Besides, it doesn't interest a company of Visa's size. In conclusion, this operation aims to give Visa a greater advantage over its competitors thanks to the intervention of the authorities.
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