UnionPay and Dolfin E-wallet to provide online payment options in Thailand

By Leandra Monteiro

UnionPay International (UPI), a global payment services provider, has partnered with Thailand’s e-wallet app Dolfin for an e-coupon reward scheme. Until September 30, 2021, Dolfin users who make transactions with a UnionPay card added to the Dolfin app can enjoy exclusive privileges. There are up to THB 200 Dolfin e-coupons available on a first-come, first-served basis for any QR Code payments. Dolfin customers can claim a 50 baht e-coupon with their first two transactions, and a 100 baht e-coupon for the third.

The joint initiatives further support the mission of Bank of Thailand to move Thailand to a cashless society. UPI has been actively promoting cashless payments and now offers a full suite of products ranging from QR Code payment to mobile contactless payment. As a result of increased acceptance and changing consumers’ habits, UnionPay transaction volume on Dolfin app has increased by 100% between Q1 2021 and Q2 2021.

“UnionPay has always been in the forefront of payments innovation as we continue to expand cashless payment by increasing access to mobile payment in Thailand. This partnership with Dolfin is an example of how we continue to bring more payment conveniences and benefits to our cardholders and continue to promote e-payments in Thailand,” said Mr. Huiming Cai, General Manager of UnionPay International Southeast Asia.

“This is an exciting partnership for Dolfin as we continue our mission to provide a convenient and secure digital solution to facilitate e-payments by merchants and consumers,” said Usanee Laohavaranun, Head of Marketing of Central JD Fintech Group . “Together with UPI, we will work towards our common goal of propelling Thailand towards a cashless and contactless payment experience, ready to move Thailand into a full digital society.”