Krungsri launches cross-border QR payments to Hong Kong
Travelers need only to pay using the KMA krungsri app.
Krungsri (Bank of Ayudhya) has launched cross-border QR payments with Hong Kong in end-December 2023.
The solution is expected to streamline cross-border transactions as well as enhance convenience and safety of travelers’ money.
Travelers are expected to benefit from better exchange rates when making payments between Thailand and the special administrative region of Hong Kong by scanning QR codes through the KMA krungsri app.
The move reportedly reaffirms Krungsri's dedication, as outlined in the Medium-Term Business Plan (MTBP) 2021-2023, to become the Preferred Thai Bank Connecting Customers’ Needs across the region by delivering innovation and solutions that make customers’ lives simple every day.
Prior to Hong Kong, the QR service has already been launched in Japan, Cambodia, Indonesia, Malaysia, Singapore, and Vietnam.