Jump to content

New Thai player in Mobile money transfer market


geovalin

Recommended Posts

True Money, a new entrant to Cambodia’s growing mobile money-transfer market, said yesterday it will start operations across the Kingdom from January 1, with the first phase focusing only on local transfers, according to a company official.

The money-transfer service, which comes under the Thailand-based Charoen Pokphand Group conglomerate, has invested $15 million under its first phase and will have 5,000 agents across the country, said Kong Mean, commercial director at True Money.

“This investment is only a starting point. We plan to expand to international money transfers soon, and in 2016 we will complete [our service expansion] in all ASEAN countries”, he added.

read more: http://www.phnompenhpost.com/business/mobile-money-transfer-heats

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








×
×
  • Create New...
""