VTB enables QR payments in Thailand

VTB launched QR code payments in Thailand.

Consensus

• VTB has launched QR code payment functionality in Thailand.
• Payments are made through the VTB Online mobile app.
• Funds are debited from the customer's ruble account.
• The bank automatically converts rubles to Thai baht.
• No commission is charged for the transaction.
• The maximum transaction amount is 113,000 rubles.
• The service is available at all retail outlets in Thailand that accept QR code payments.
• This service was previously launched in Vietnam, China, Argentina, Egypt, Brazil, Kyrgyzstan, Tajikistan, and other countries.

Points of divergence

• The service allows payments in Thailand using QR codes with no fees and up to 113 thousand rubles per transaction. — tg_moscash
• The service was launched on August 19, as reported by RBC citing the bank's press release. — vesti
• The senior vice president of VTB's retail products department, Alexey Okhorkin, commented on the launch, emphasizing Thailand's popularity among Russian travelers. — interfax

Coverage (3 sources)

• VTB now allows payment in Thailand via QR code — Московский кэш
• VTB connected QR-code payment in Thailand — Вести
• VTB launched QR code payment in Thailand — Интерфакс

Key entities

• Thailand
• VTB
• Moscow
• INTERFAX.RU
• RBC
• VTB Online