Thailand’s main Fintech “DeeMoney” unveils new strategy “Owndee” with higher rates, quicker, and easier transfers

Sawasdee Shop Co., Ltd., the provider of DeeMoney cash transfer service, presently serves particular person prospects with its leading ‘DeeMoney Neo’ software on all mobile devices and corporate clients via the ‘DeeBusiness Portal’. Upon profitable registration, the registered customers of their platforms can transact cross-border funds and remittances instantly.
Better Rate: DeeMoney’s competitive advantages are good exchange rates, speed and convenience. Customers get pleasure from good exchange rates and low service charges of Bt125 per transaction.
Faster: A assured quick switch inside one enterprise day to the recipient’s account
Easier: Convenient cash transfer through DeeMoney platform permits clients to switch a minimal of only Baht 1,000 per transaction and up to a maximum quantity of Baht 800,000 per transaction a day. Currently, the outward remittance can be executed with over 43 counterpart nations globally and tends to extend constantly.
Mr. Aswin Phlaphongphanich, Founder & CEO of DeeMoney, who has huge experience within the FinTech industry that has important function in Thailand’s monetary sector beneath supervision of the Bank of Thailand (BOT) and is going to play more position within the worldwide monetary market, said, “In the post-COVID period, all sectors are recovering well, marked by rising financial growth charges and on-line enterprise transactions as predicted by financial gurus.”
Open Competition normally leads to a diverse group of individuals and services and products that higher meet numerous wants of customers. Other than conventional banks, those fintech-based suppliers like DeeMoney can develop new product innovation to serve buyer wants with safe, handy, speedy, a wide range of choices. In the end, this can bring better benefit to the whole trade and encourage free competition sooner or later.
Open Infrastructure creates numerous gamers in accessing infrastructures at affordable value and honest game.
Open Data permits for effective use of data. As a quantity one Thai fintech based mostly provider, DeeMoney is in a position to support and drive Thai monetary ecosystem. Since the primary day DeeMoney received a license from BOT in 2018, the corporate has been supporting this improvement with its dedication to providing financial and cross border cash switch companies at reasonable and honest costs, which is according to the World Bank’s direction.
Thanks to the BOT and DeeMoney’s information and intelligence Aswin is assured that DeeMoney might be one of the potential game changers in Thai financial system.
Ms. Class full , Co-Founder and Managing Director, added, “DeeMoney’s impressive performance in processing each inbound and outbound money transfers have positioned the corporate as a significant participant within the industry. In 2022, DeeMoney achieved a model new milestone in increasing our customer base. Last year, we have recorded a 60% growth in outward remittances by way of the DeeMoney platform, having processed over 3 million transactions with a total volume exceeding 50 billion Baht. We additionally noticed a record high of inbound remittances via DeeMoney platform at greater than 10%.
In 2023, DeeMoney plans to drive our business via new enterprise technique, together with positioning the brand new brand concept that supports our platform development, selling financial literacy, and assuring nice buyer expertise through Owndee’s three distinctive promoting points (USP) – Better charges, 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 worldwide money transfers.
With an aim to become Thailand’s no.1 NeoBank, DeeMoney will take proactive steps to turn into the leader in international cash transfer service when it comes to worth, buyer experience and powerful relationship with prospects. These are necessary to broaden borderless entry to monetary service for individual clients, and MSMEs..

Leave a Comment