DeeMoney Concludes High-Impact Participation at Money20/20 Asia 2026; Announces "Tourist Stop" QR Solution and Stablecoin Exploration

Currently processing approximately 1 in 3 inbound money transfers into Thailand, DeeMoney has become a critical pillar of the nation's financial infrastructure. The company manages between 4 to 5 million transactions annually, with a monthly transaction value exceeding THB 8 billion. By offering fees significantly lower than traditional commercial banks (typically USD 2-5 compared to the 7.5%-10% often charged by banks for smaller transfers), DeeMoney helps reduce total transfer costs for users by 3-4%. This efficiency equates to a staggering THB 300-400 million in monthly savings for households and businesses, directly improving local liquidity and purchasing power.

"Our focus at Money20/20 Asia has been to move the conversation from simple transfer utility to strategic financial architecture," said Aswin Phlaphongphanich. "We aren't just moving money; we are proving that by combining regulatory integrity with genuine empathy for the migrant workers and SMEs we serve, we can save the Thai economy hundreds of millions of baht every month while scaling naturally."

DeeMoney revealed two major technological initiatives designed to eliminate friction in international finance:

1. Cross-Border QR Payment: Slated for launch in Q3/Q4 2026, this new product will enable foreign tourists in Thailand to pay local merchants directly via their overseas e-wallets or bank accounts by scanning Thai QR codes. This reduces reliance on high-fee credit cards and cash exchange, with DeeMoney targeting a transaction volume exceeding THB 1 billion in its first year.
2. Stablecoin Integration: In ongoing consultation with the Bank of Thailand, DeeMoney is exploring the use of stablecoins (such as USDC) for international transfers. This initiative aims to enable 24/7 transactions and further reduce costs, particularly outside of traditional banking hours.

Addressing the challenges faced by the business sector, DeeMoney is actively proposing regulatory adjustments to the Bank of Thailand. Currently, international remittance licenses cap corporate transfers at THB 800,000 per transaction per day, creating significant hurdles for SMEs managing larger import payments. DeeMoney advocates for tiered limits based on company size or revenue to better support Thailand's international trade competitiveness.

The company continues to set industry benchmarks with a 99.9% real-time completion rate for transfers, supported by direct integration with seven major Thai banks and a global network of over 70 partner platforms. Whether supporting Thai workers in corridors like Israel, Taiwan, and South Korea or enabling local businesses to pay global vendors, DeeMoney remains committed to a borderless financial future.

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