On September 12th, news came that Centraljdfintech Co., Ltd., a Thai financial technology subsidiary jointly invested by JD.com and Thailand’s CentralGroup, launched the electronic wallet Dolfin.

  

  Dolfin is the first e-wallet in Thailand that supports full-process EKYC (Electronic Know-Your-Customer). At present, Dolfin has reached cooperation with Siam Commercial Bank, Taihua Farmers Bank and Bangkok Bank, and has realized various convenient functions such as transfer, payment, recharge and membership marketing, and has been opened for use in merchant stores under Shangtai Group. After that, Dolfin will also provide e-wallets, digital lending platforms and insurance and wealth management services.

  Rungruang, CEO of Shangtai Group, said that Dolfin can help banks tailor services such as insurance and mutual fund products to customers. It plans to have 400,000 users by the end of this year and 1.5 million next year.

  At present, nearly 3,000 offline retail stores under Shangtai Group, such as department stores, supermarkets and familymart, will support Dolfin payment, and they will be deeply bound with Shangtai Group’s member points system T1. Dolfin also supports the payment function of JDCentral, a Thai online retail platform jointly built by JD.COM Group and Shangtai Group.

  According to the "Electric Business Daily", WeChat Pay has recently reached a cooperation with LINE Pay in Japan. The two parties officially launched the integration of WeChat payment capabilities for all merchants covered by LINE Pay. After the integration is completed, the QR code of LINE Pay Japan will have the ability of "one code for multiple purposes", and WeChat payment users can pay by scanning the QR code of LINE Pay and using the balance of WeChat payment wallet.


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