KBank—Thailand's second-largest banking institution—just tapped a major payment infrastructure to streamline cross-border transactions between Thailand and Singapore. The setup isn't theoretical either. It's already live for over 1.6 billion tourists who can now settle payments at any GrabPay merchant across Singapore through Alipay+'s network.
The backbone? Avalanche's infrastructure handling the heavy lifting behind the scenes.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
GateUser-75ee51e7
· 12-08 19:51
Another one has entered the market.
View OriginalReply0
HashBrownies
· 12-08 19:48
Traditional Finance Embraces Transformation
View OriginalReply0
GateUser-4745f9ce
· 12-08 19:46
Should have started planning for finance a long time ago.
Traditional finance is finally stepping in.
KBank—Thailand's second-largest banking institution—just tapped a major payment infrastructure to streamline cross-border transactions between Thailand and Singapore. The setup isn't theoretical either. It's already live for over 1.6 billion tourists who can now settle payments at any GrabPay merchant across Singapore through Alipay+'s network.
The backbone? Avalanche's infrastructure handling the heavy lifting behind the scenes.