TrueMoney
Gain access to shoppers on TrueMoney
TrueMoney is an e-wallet app covering 6 countries in the SEA region (Thailand, Cambodia, Myanmar, Indonesia, the Philippines and Vietnam). In Thailand, the platform includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway and Remittance. By December 2020, The platform has more than 15 million active users across Thailand and growing.
Payment method properties
| Features | TrueMoney |
|---|---|
| Available for businesses registered in | EU, UK, HK, SG, AU |
| Activation time for onboarding | Up to 22 days |
| Shopper regions (typically used by payers from) | TH |
| Processing currencies | Dependent on where your business is registered: HK registered: THB, HKD* SG registered: THB, SGD*, USD* AU registered: THB, AUD* EU registered: THB, EUR* UK registered: THB, GBP* * The TrueMoney wallet only supports THB. For non-THB payments, TrueMoney will convert the specified processing currency to THB and present the THB amount to the shopper. |
| Settlement currencies | THB payments will be settled in your default settlement currency. HKD, USD, SGD, EUR, GBP, and AUD payments will be settled like-for-like or in your default settlement currency if your account does not support settling the processing currency. |
| Settlement schedule | 3 business days Settlements below 100 USD equivalent may be delayed until the aggregate open settlements accumulate to 100 USD. |
| Minimum transaction amount | 1.00 THB |
| Maximum transaction amount | 10,000-50,000 THB, dependent on the shopper |
| Session timeout | 10 minutes |
| Recurring Payments | ✅ |
| Refunds | ✅ within 365 days |
| Partial Refunds | ✅ within 365 days |
| Disputes (chargebacks) | ⛔ |
| Placing a hold (delayed/manual capture) | ⛔ |
| Descriptor (what the payer will see in their transaction history) | Your registered business name |
| Payments for Platforms support | ✅ |
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly.
| Online payments via your own website/app | Online payments via ecommerce plugins | Payment links & Invoice Integrations |
|---|---|---|
| ✅ Hosted Payment Page ✅ Drop-in Element ✅ Embedded Elements ✅ Mobile SDK ✅ Native API ⛔ Subscription APIs |
✅ Shopify ✅ WooCommerce ✅ Shopline ⛔ ShopLazza ⛔ Magento |
✅ Payment Links ⛔ Xero Invoice |