Today Stripe announced its general availability in Thailand, where its financial infrastructure platform will help solve the complex payments issues facing Thai businesses.
“Thailand’s digital economy is one of the fastest growing in Southeast Asia. However, moving money on the internet remains incredibly complicated and cumbersome,” said Tee Chayakul, Thailand country director at Stripe. “We want to remove these barriers with financial infrastructure that helps ambitious businesses increase their revenue, automate low-value tasks, and expand internationally.”
Thousands of companies in Thailand have already signed up on Stripe during a beta phase over the past year. They include the online property platform Baania, leading luxury furniture retailer Chanintr, holiday resort Coconut Beach Bungalows, accounting software platform FlowAccount, and digital creator platform Storior.
“I’m excited by Stripe’s launch in Thailand and pleased to see they are supporting many more local payment methods in the region. This will help us reach customers in new markets,” said Mr. Apiporn Simapornchai, chief technology officer of Baania.
“We appreciate the ease of integration with Stripe’s payments solution. Partnering with Stripe will help more Thai companies simplify their accounting operations and accept payments online easily,” said Mr. Kridsada Chutinaton, CEO and co-founder of FlowAccount.