Thai e-wallet platform provider joins hands with Myanmar retailer

T2P Deep Pocket, Thailand’s fastest-growing e-wallet platform provider, has formed a joint venture with City Mart Holding, the leading modern retail chain in Myanmar.

A joint venture agreement between them was signed during a Myanmar-Thailand cooperation mission presided over by Myanmar State Counsellor Aung San Suu Kyi and Deputy Prime Minister of Thailand Dr Somkid Jatusripitak in Nay Pyi Taw yesterday.

The joint venture will leverage the strengths of both parties to launch various innovative fintech services such as payment platform, loyalty, e-gift platform and closed- and open-loop e-wallets for Myanmar’s population of 51 million. The joint venture is a key stepping stone for T2P to expand its services beyond its home country Thailand and for City Mart to offer new products through its existing retail platform.

Source: Nationmultimedia

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