According to IBS Intelligence, the agreement, which involves investment in KogoPAY in return for shared operations in electronic banking, will provide both companies with additional resources, as KogoPAY plans to roll out its mobile payments app in late 2020.
Moreover, the app will enable free wallet-to-wallet transfers, competitive currency transfers, and QR code payment. Moreover, KogoPAY plans to build brand awareness through Thailand's community, travelers to Asia, street vendors, charity collectors, people in education and the unbanked population.
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