Payments firm Worldpay has expanded its operations to include domestic acquiring capabilities in Thailand, enhancing Asia Pacific footprint.  

With this expansion, Worldpay aims to provide global merchants with the tools to serve Thai consumers by offering local payment options. 

The company now offers domestic acquiring services in a total of nine Asia Pacific markets, which includes Australia, New Zealand, Singapore, Hong Kong, Japan, Malaysia, India, and South Korea. 

With this move, local merchants can process transactions and settle funds in the Thai currency.  

Furthermore, the company has launched support for four alternative payment methods prevalent in Thailand: LINE Pay, TrueMoney, PromptPay, and online banking. 

Worldpay also provides local merchants with additional services, including fraud protection, dispute management, and access to global data insights.  

Worldpay president of global enterprise Gabriel de Montessus said:  

“The payments landscape is rapidly evolving in Thailand as we’re seeing a significant shift from cash use to digital wallets and account-to-account (A2A).  

“Our in-market experts help merchants optimise their offerings, navigate complexities, and ensure they accept the right mix of payment types enabling them to unlock growth opportunities.” 

For merchants operating on a global scale, Worldpay offers a unified point of integration, facilitating business transactions in more than 170 countries.  

The announcement follows the company’s recent expansion into other markets, including Colombia, Mexico, and the United Arab Emirates. 

Last month, Worldpay partnered with Early Warning Services to provide the Paze checkout option to its network of US merchants.