Bank continues boost to QR payment platform
Siam Commercial Bank (SCB) continues to strengthen its QR payment platform as part of the bank's endeavour to drive Thailand's transition to a cashless society through its partnership with Wongnai, the platform in Thailand for crowd sourced restaurant reviews.
SCB is tapping into a huge base of medium- and small-sized restaurants amid the uptrend of foodists. The new partnership will equip restaurants with greater business capability by making a Total Restaurant Solution available to them to connect with their clientele more completely. Among the solution's highlights, "Mae Manee x Wongnai POS" is a restaurant management module with profound features including dynamic QR code – the easy scan-to-pay technology that specifies the amount being billed to solve under/overpayment due to incorrect input by the payer. Besides, its information management system will increase the efficiency of restaurant operation. The solution will enable restaurants to expand their customer base, contribute to a strong ecosystem, and bring the best experiences to restauranteurs and their clientele. In addition, food delivery feature will be added in the near future as an option for customers who prefer this service. SCB expects to grow the vendor base for SCB QR Code Payment to 1.5 million and increase the payment activity to 14-15 million transactions this year, the bank’s senior executive vicer president, head of retail leading products, head of retail payment and head of facility management Apiphan Charoenanusorn said yesterday.
SCB currently has a strong base of 1.2 million vendors who accept QR payment.
