Modern telecommunications in Thailand began in 1875 with the deployment of the first telegraph service. Historically, the development of telecommunication networks in Thailand were in the hands of the public sector. Government organisations were established to provide telegraph, telephone, radio, and television services, and other government agencies, especially the military, still control a large estate of radio and television spectra. Private telecommunication operators initially acquired concession agreements with state enterprises. For mobile phone services, all the concessions have been amended by successive government to last 25 years have gradually ended in 2015. For other services, the concession terms and conditions vary, ranging from one to fifteen years. Nearly all of the concessions are build-operate-transfer (BTO) contracts. The private investor has to build all the required facilities and transfer them to the state before they can operate or offer services to public.
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee.
The Charoen Pokphand Group Company, Ltd. (CP) is a Thai conglomerate based in Bangkok. It is Thailand's largest private company and the largest privately held Royal Warrant holder of the Thai Royal Family. The company describes itself as having eight business lines covering 13 business groups. As of 2020, the group has investments in 21 countries.
Fiserv, Inc. is an American multinational company headquartered in Brookfield, Wisconsin that provides financial technology services to clients across the financial services sector, including: banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers.
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nearly a third of all U.S. debit cards.
Total Access Communication Public Company Limited, commonly known as DTAC is a GSM mobile phone company in Thailand. It is the nation's third largest GSM phone company, after AIS and True. DTAC is owned by Norwegian company Telenor both directly and indirectly, and both companies share the same logo. As of 31 December 2011, DTAC had 23.2 million subscribers with a market share of subscribers at around 30 percent. As of 2019, the company has 20.642 million mobile subscriptions and 3904 employees. It is listed on the Singapore Exchange and the Stock Exchange of Thailand.
Spice Digital Limited is an Indian telecommunications company headquartered in Noida, India, a subsidiary of Spice Connect. The company deals in Mobile Value Added Services, along with Telco Solutions, enterprise solutions, financial technology, GST Suvidha Provider (GSP), and digital transformation products and services.
Boku, Inc. is a mobile payments company that allows businesses to collect online payments through both carrier billing and mobile wallets, and is headquartered in San Francisco, California. Boku utilizes mobile network operator (carrier) data to enhance the security and user experience for consumers online. Boku offers its customers more than 330+ mobile payment types in over 90 countries globally, offering a bank-grade payment system.
Payoneer Global Inc. is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Dwolla is a United States-only fintech company that provides businesses with a connection to the ACH Network or RTP Network.
Stripe, Inc. is an Irish-American financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.
Paytm is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida. It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through its QR code, point of sale and online payment gateway offerings. In partnership with financial institutions, Paytm offers financial services such as microloans and buy now, pay later to its consumers and merchants. Apart from bill payments and money transfer, the company also provides ticketing services, retail brokerage products and online games.
TrueMoney is a financial technology brand, providing e-payment services in Southeast Asia. In Thailand, the platform includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway and Remittance.
Ascend Group is a privately owned e-commerce company headquartered in Bangkok, Thailand as a spin-off of True Corporation. It marked its $150-million expansion by launching their affiliates in the Philippines and Indonesia, Vietnam, and also hard to reach economies like Myanmar and Cambodia.
PT Gojek Indonesia is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Indonesia in 2009 as a call center to connect consumers to courier delivery and two-wheeled ride-hailing services. Gojek launched its application in 2015 with only four services: GoRide, GoSend, GoShop, and GoFood. Valued at US$10 billion today, Gojek has transformed into a super app, providing more than 20 services.
TrueMove H is a mobile telecommunication operator provided by Real Move Co., Ltd. and True Move H Universal Communication Co., Ltd., subsidiaries of True Corporation. It is the second largest operator in Thailand.
Merchantrade Asia (Merchantrade) is a Money Services Business (MSB), Digital Payment Service and Mobile Virtual Network operator (MVNO) provider, based in Malaysia.
PayU is a Netherlands-based payment service provider to online merchants. The company was founded in 2002, and is headquartered in Hoofddorp. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. As of 2018, the service is available in 17 countries. The firm is owned by the Naspers Group, which also owns a stake in one of its sister companies, Tencent.
Line Mobile - Finn Mobile is a division by Line Corporation operates mobile virtual network operator service in Japan and Taiwan, while in Thailand it operates as a light MVNO service provide ( MVNO network structure By DTAC r. Unlike LINE's other service LINE Out, Finn Mobile offers SIM card plans.
OVO, officially a product of PT Visionet Internasional, is a digital payment service based in Jakarta, Indonesia. It was established in 2017 with an e-money license from Bank Indonesia and in 2019 was Indonesia's top digital payment service. Owned by Grab and local investors, in 2019, OVO became Indonesia's first finance-tech business unicorn.
