Siam Commercial Bank unveils tap-to-pay service

It is available via the Mae Manee app.

Siam Commercial Bank (SCB) has launched a tap-to-pay service in Thailand, available via the Mae Manee app.

Created in partnership with Mastercard, Visa, and Cybersource, “SCB Tap-To-Pay” enables merchants to accept payments through contactless debit and credit cards, virtual cards, and e-wallets on Google Pay, Fitbit Pay, and Garmin Pay.

The solution is currently available to merchants who register for the Mae Manee app and use its Tap-To-Pay feature. It will be available for other payment tools in the future, Thailand’s oldest bank said in a press release.

This eliminates the need for EDC machines.

"This solution functions like a virtual EDC machine without the need for terminal installation or monthly fees,” said Thanawatn Kittisuwan, SCB first executive vice president, head of Digital Juristic & Payment.

“The technology is initially being implemented on the Mae Manee app with the new 'SCB Tap-To-Pay' feature, before rolling out to other payment tools such as point of sale (POS) and cash on delivery (COD) systems, tablets, and other options in the future,” Kittisuwan said.