T2P & Wise Platform to offer seamless money transfers in Thailand

By Gloria Mathias

Wise Platform, Wise’s infrastructure solution for banks, FinTechs and enterprises, has partnered with T2P Co., Ltd., a payment solution, as its first partner in Thailand.

This collaboration will bring faster, cheaper, and more transparent international money transfers to their customers.

This integration also makes T2P the first FinTech in Thailand to provide international money transfers to their customers with no exchange rate mark-ups or hidden fees within their DeepPocket app. Owing to its powerful API, Wise is seamlessly integrated into the DeepPocket app, so customers can send funds directly from the app, at a significantly lower cost than offered by other traditional service providers in Thailand.

Taweechai Pureetip, CEO of T2P Co., 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.”

“Our focus at T2P has always been on building a one-stop financial platform for our customers, and this collaboration with Wise Platform is a step in the right direction. This includes anyone who has a cross-border financial need, including parents who are sending money to their children studying abroad, as well as ex-pats transferring funds back home,” Taweechai Pureetip added.

At launch, customers can transfer funds from Thai Baht (THB) to 16 currencies, including USD, GBP, EUR, AUD, SGD, MYR, IDR, and more in just a matter of seconds.

Samarth Bansal, General Manager, APAC at Wise Platform, shared, “We’re thrilled to enable millions of more Thais access to faster, cheaper international transfers from THB. 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.”