SHANGHAI, China, Feb. 25, 2016 /Xinhua-AsiaNet/--
On February 24, UnionPay International, together with Thailand's top four commercial banks, announced that TPN (Thai Payment Network), Thailand's local switching network based on UnionPay technical standards, officially went live. Previously UnionPay IC card standard became Thailand's banking industry
standard. Through the incorporation of a joint venture, UnionPay now offers the technical standard for building the bankcard switching system. China UnionPay Chairman Ge Huayong, UnionPay International CEO Cai Jianbo and TPN Chairman Shoke Na Ranong attended the launching ceremony. Buncha Manoonkunchai, Payment Systems Policy and Oversight Office Director of Bank of Thailand, was present with congratulations.
In 2012, the central bank of Thailand stipulated that all local interbank transactions made with local debit cards must be processed locally. Thereafter,the joint venture called TPN was founded in September 2014. Thailand has also planned to create an independent debit card brand TPN and issue UnionPay TPN cards, which will be conveniently used at the global UnionPay network.
http://mrem.bernama.com/viewsm.php?idm=26267
No comments:
Post a Comment