Thailand’s main Fintech “DeeMoney” unveils new technique “Owndee” with higher charges, quicker, and simpler transfers

Sawasdee Shop Co., Ltd., the supplier of DeeMoney money transfer service, currently serves particular person customers with its leading ‘DeeMoney Neo’ application on all cell units and corporate clients through the ‘DeeBusiness Portal’. Upon successful registration, the registered clients of their platforms can transact cross-border funds and remittances immediately.
Better Rate: DeeMoney’s competitive advantages are good trade charges, velocity and convenience. Customers get pleasure from good change rates and low service fees of Bt125 per transaction.
Faster: A assured quick transfer inside one enterprise day to the recipient’s account
Easier: Convenient cash switch through DeeMoney platform allows customers to transfer a minimum of only Baht 1,000 per transaction and as much as a maximum quantity of Baht 800,000 per transaction a day. Currently, the outward remittance may be executed with over forty three counterpart international locations globally and tends to extend constantly.
Mr. Aswin Phlaphongphanich, Founder & CEO of DeeMoney, who has huge expertise within the FinTech trade that has significant function in Thailand’s financial sector under supervision of the Bank of Thailand (BOT) and goes to play extra role within the worldwide monetary market, said, “In the post-COVID era, all sectors are recovering nicely, marked by rising financial development rates and online business transactions as predicted by monetary gurus.”
Unlock leads to a diverse group of participants and services and products that better meet various wants of consumers. Other than traditional banks, these fintech-based providers like DeeMoney can develop new product innovation to serve customer wants with safe, handy, speedy, a variety of selections. In the end, this will bring higher profit to the whole trade and encourage free competitors sooner or later.
Open Infrastructure creates varied players in accessing infrastructures at affordable price and honest recreation.
Open Data permits for efficient use of data. As a leading Thai fintech primarily based provider, DeeMoney is ready to help and drive Thai monetary ecosystem. Since the first day DeeMoney acquired a license from BOT in 2018, the corporate has been supporting this development with its commitment to offering financial and cross border cash transfer services at cheap and truthful prices, which is in line with the World Bank’s course.
Thanks to the BOT and DeeMoney’s knowledge and intelligence Aswin is assured that DeeMoney might be one of many potential recreation changers in Thai monetary system.
Ms. Rasmegh Srisethi, Co-Founder and Managing Director, added, “DeeMoney’s spectacular efficiency in processing both inbound and outbound cash transfers have positioned the corporate as a major player within the trade. In 2022, DeeMoney achieved a new milestone in expanding our buyer base. Last yr, we now have recorded a 60% growth in outward remittances by way of the DeeMoney platform, having processed over 3 million transactions with a complete volume exceeding 50 billion Baht. We additionally saw a document excessive of inbound remittances by way of DeeMoney platform at greater than 10%.
In 2023, DeeMoney plans to drive our business via new enterprise strategy, including positioning the new model concept that supports our platform improvement, selling financial literacy, and assuring nice customer expertise by way of Owndee’s three unique selling points (USP) – Better rates, Faster, and Easier transfers.”
Own in Thai means “transfer”, Dee in Thai means “good”. So, OwnDee is what DeeMoney intends to supply to clients with “Better Rate, Faster, Easier” for international cash transfers.
With an purpose to become Thailand’s no.1 NeoBank, DeeMoney will take proactive steps to become the chief in worldwide money transfer service when it comes to value, buyer expertise and robust relationship with prospects. These are important to expand borderless access to financial service for individual clients, and MSMEs..

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