Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users

Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users

by April 25, 2024

T2P Co., Ltd., a payment solution provider in Thailand, has announced a new partnership with Wise Platform, which provides infrastructure for banks and financial services.

According to Wise, this alliance marks T2P as the first fintech in Thailand to offer international money transfers without exchange rate mark-ups or hidden fees through its e-wallet app –DeepPocket.

The collaboration enables DeepPocket users to transfer money to 16 different currencies, including USD, GBP, EUR, and AUD, swiftly and transparently.

More than 60% of global transfers via Wise are completed in less than 20 seconds, significantly enhancing the speed for users. The service is now accessible to all DeepPocket users.

Taweechai Pureetip

Taweechai Pureetip

Taweechai Pureetip, CEO of T2P 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.”

Samarth Bansal

Samarth Bansal

Samarth Bansal, General Manager, APAC at Wise Platform added,

“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%, 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.”