About
TrueMoney is a Thai stored-value e-wallet run by TrueMoney Co., Ltd. It belongs to Ascend Money, the fintech arm of Thailand's Charoen Pokphand Group, whose backers include Ant Group. Users load a balance with cash at 7-Eleven, Lotus's, FamilyMart or CP Freshmart counters and kiosks, from a linked bank account or from a credit card, then pay by QR scan or contactless tap, send money to a phone number, or pay bills and online checkouts. Ascend Money reported over 30 million active users in Thailand in July 2024 and has offices in Cambodia, Indonesia, Vietnam, Myanmar and the Philippines.
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