Bangkok--20 Jul--AIS
Advanced mPAY extends the Business Solution business, enhancing operating efficiencies to the e-commerce group, lately collaborating with “Tarad.com,” Thailand’s largest online shopping mall, revolutionizing online payment mode under the concept “Easy money transfer, Ensured Your money.” Special from today to December 31, 2009, the service is free of charge.
Mr. Supreecha Limpikanjanakowit, Managing Director of Advanced mPAY Co., Ltd., disclosed “One of the key strategies of Advanced mPAY is to be number one in financial transaction service on mobile phone business or Mobile Financial Service. Our target this year is to expand the mPAY service to cover 4 major business lines including Card Refill, E-Commerce, Money Transfer and M-Biz Solution. Thanks to the success of Advanced mPAY fueling the growth of Card Refill and M-Biz Solution during the first half of this year, customers using mPAY service has increased by 30% from last year with over 3.3 million financial transactions being made per month.
To continue the core strategies, Advanced mPAY now proceeds to expand services in the E-Commerce segment, initiated by the cooperation with “Tarad.com,” the leader in fully-integrated E-Commerce owning country’s largest online shopping mall incorporating over 150,000 online shops, revolutionizing the current online payment mode under the concept “Easy Money Transfer, Ensured Your Money.”
With mPAY service quality signature, the online shops in “Tarad.Com” can lay assured of security in fund transfer with transaction confirmation system and SMS notification via mobile phone. For buyers, mPAY service offers the new alternative for easy, cost-saving and convenient payment reflecting lifestyle of the new generation. Only referring the mobile phone number of the shop, goods and service payment can be easily made by either through ATM booths of 5 leading banks including Bangkok Bank, Kasikorn Bank, Siam Commercial Bank, Ayudhya Bank and UOB Bank or at mPAY STATION, over 60,000 pay point countrywide. No bank accounts of shops are required. Moreover, customers can save payment cost with only service fee of 5 Baht per transaction. The service fee is free from today to December 31, 2009.”
Mr. Pawoot Pongvitayapanu, Managing Director of Tarad Dot Com Co., Ltd., Thailand’s fully-integrated E-Commerce leader, unveiled “At present the Tarad.Com website receives overwhelm welcome from consumers doing gross transaction of 5,000 million Baht value last year. Fashion goods top the category list with 30-40% of trade volume, followed by cosmetics, IT products and auto accessories. Most buyers are in the range of 16-35 years of age, employed, graduated with a Bachelor’s Degree or higher and earn 10,000-50,000 Baht monthly income. Given the increase of 10,000 shops this year, the website is serving over 150,000 shops with an ongoing growth and visited by over 1.1 million viewers per month.
As an additional payment mode, mPAY will enhance business efficiency for the Tarad.com website supporting online trading expected to grow by 20-30% in terms of volume and value this year. On account of highest reliability and security of mPAY service, the online sellers can be assured that they will receive money for every transaction. On the other hand, customers will be more convenient to buy desired goods or services. The Tarad.com shops interested to add mPAY as another payment channel for your customer convenience, apply today at Shop Administration section in the website www.taradquickweb.com.”
“The cooperation with Tarad.com website serves as the prototype model and marks a milestone of mPAY in providing business solution enhancing competitiveness for other business groups accordingly. This year we plan to penetrate Money Transfer segment in order to stress our leadership in Mobile Financial Service.” Supreecha concluded.