Mobile messaging app company LINE Thailand has collaborated with CyberSource, a Visa company, to enable mobile payments for its users on LINE Pay, the app’s mobile payment service.

Under the deal, CyberSource will offer its full suite of payment, fraud management and tokenization services for LINE Thailand.

LINE Thailand’s acquirer Krungsri (Bank of Ayudhya) will leverage CyberSource’s global payment gateway to process mobile payments from multiple card brands and issuers, as well as certain alternative payment methods.

To enable users to make mobile payments securely and efficiently LINE Thailand will integrate CyberSource’s fraud management and payment tokenisation solutions into its mobile payment service called LINE Pay.

Additionally, LINE Pay will use CyberSource’s Merchant Payment Tokenisation to protect customer payment data. This service replaces sensitive account data with a unique identifier token and stores the data on CyberSource’s secure servers, away from the merchant environment.

Prapakorn Lipikorn, head of LINE Pay business development at LINE Thailand, said: "By integrating CyberSource’s global payment gateway, fraud management and tokenization solutions into our mobile payment service, our affiliated merchants will be able to simplify and secure their checkout process without the inconvenience of loading a new app.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"This partnership is a key component in our strategy to cater to an ever-growing user base in Southeast Asia. We are able to streamline payment acceptance and create new growth opportunities for our merchants, while providing our users with a fuss-free mobile payment option."