The Phuket News Premier League predictions The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Business News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

GSB e-pay app launched in Phuket

PHUKET: The chief manager of the Government Savings Bank (GSB) main Phuket branch has called for people to sign up for a free government-developed mobile phone banking application in order to take advantage of the capability of cashless transactions.


The Phuket News

Wednesday 30 August 2017, 08:53AM

The GSB launched its “MyMo” mobile banking app two years ago, but only recently has upgraded the software to include the new “MyMo Pay” feature so that customers of any bank can use the app to instantly pay for goods and services, explained GSB Phuket Director Yadaporn Sriphat on Monday (Aug 28).

The launch comes amid the national government’s push for a cashless society, and as major private banks continue to roll out their own e-pay services.

While the Bank of Ayudhya “Di Wallet” is a “pre-paid” system whereby users must first deposit funds into a dedicated account to draw from, MyMo Pay like the Kasikornbank (KBank) “K Plus” mobile app is a “debit system” that can draw from any associated account defined by the user.

“This new service is in the application ‘MyMo’, a mobile banking app that the Government Savings Bank launched more than two years ago which now has more than 1.5 million users,” Ms Yadaporn explained.

As reported by the Bangkok Post, the state-owned GSB is the only financial institution in Thailand that has commercially rolled out QR code payments through its MyMo Pay app, which as a debit QR code payment system is similar to Alipay and WeChat Pay. (See story here.)

Further, the new version of the MyMo app also features “MyMo My Card”, which uses QR codes to enable users to make withdrawals from ATMs.

“The idea of the service idea is ‘Simple Life with every day joy and happiness by MyMo Pay’,” Ms Yadaporn said at the MyMo Pay launch on Tuesday.

Security has been a top concern in developing MyMo Pay, Ms Yadaporn added.

“The service has received ISO/IEC27001:2013 certification as a secure information management system. Our customers can be sure that our service is safe,” she explained.

“Users will have convenience and security. This will make it easy to buy products and services. Money is paid directly to the shop’s account, and can be checked immediately.

“This service will change how we normally buy and sell things and we will no longer have to carry around cash, and bring us closer to government’s policy of us becoming a ‘cashless society’,” Ms Yadaporn added.

“In Phuket, there are already many shops and operators that use the MyMo app. Just look for the pink signs. So far we have received a lot of good feedback, especially how convenient it is and how fast and easy it is to use,” she added.



The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments

CIB tackles illegal drone flight threat

Article made me thinking: Why is the Army not patrolling in the Deep South with drones instead with unprotected pick up trucks, ripped apart like sar...(Read More)

Phuket’s Eva Beach appeal earns demolition reprieve, says Rawai Mayor

Editor, can you please explain what this has to do with this story "Looks to me like helicopter parenting here.BTW,studies show that children of ...(Read More)

CIB tackles illegal drone flight threat

Whilst flying a drone over military or airports is important, I wish they'd sort out far more important issues....(Read More)

Pacific corals in 'worrying' state: researchers

It's the climate change. Mother Nature is showing us with more harsh weather ( stronger storms, typhoons, hurricanes, earthquakes) and signals f...(Read More)

Pacific corals in 'worrying' state: researchers

I been there in the early and seen them,the coral were still pretty much ok from my point of view.It seems nobody really cares and everybody jus...(Read More)

Phuket’s Eva Beach appeal earns demolition reprieve, says Rawai Mayor

Funny how quick someone jumps up like a rabbit out of a magicians hat,if our chief commentator is questioned! Looks to me like helicopter parenting he...(Read More)

Phuket Opinion: The rising tide of progress

Great PN piece of Opinion. Yes, Anyone living many years on Phuket island is not surprised by the floodings, etc. See Patong police station, 2 hours...(Read More)

Phuket taxi drivers charged for assaulting security guard over access to hotel guests

Wow "Might" revoke their licence's, tough talk, well done, the taxi tuk tuk mafia will be shaking in their shoes!...(Read More)

11 held in crackdown on foreign crime

As mentioned in a previous story, the ever good old Nigerians and their scams, most from that continent aren't good people, sad but true....(Read More)

Phuket Opinion: The rising tide of progress

The monkeys can be moved because no one is being paid to look the other way....(Read More)

The Phuket News
Bangkok Hospital Phuket
Weird World
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
World Entertainment
Photo Galleries
The Phuket News PHUKET SPORT
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Advertise with us
Pay for advert
Contact us
Content Google Map
Site map
Australian Visa Services
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.