UnionPay International (UPI) is working together with Thailand's e-wallet app, Dolfin, on an e-coupon reward scheme as a means to encourage Thailand’s move to go cashless.
Dolfin users who make transactions with a UnionPay card that has been added to the app via QR code payments can enjoy exclusive privileges until 30 September 2021. In addition, UnionPay customers who spend over THB 1,000 can redeem a e-coupons from popular merchants such by 30 June 2022 by visiting Unionpaythaioffers.com.
These joint initiatives are an effort to support the mission of Bank of Thailand to move Thailand to a cashless society. As a result of the 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,” said Huiming Cai, General Manager of UnionPay International Southeast Asia.
“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."
"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."
