Visa signs MOU as the payments partner of Phuket Smart City

Mr. Suripong Tantiyanon (left), Visa Country Manager, Thailand signed MOU with Mr. Karn Prachumpan (right), Co-Founder and Board of Committee, Phuket City Development Co., Ltd (PKCD) as the official partner of Phuket Smart City to develop payment solutions for both residents and tourists on the island-province.

Phuket City Development was founded by local businesses in September 2016, with initial investment from 25 prominent Phuket families. The province is among the first in Thailand to embrace the Smart City concept. It aims to transform Phuket into a fully integrated digital economy, assisting business owners, managers, start-up entrepreneurs and residents in the transition.

Mr. Suripong Tantiyanon, Visa Country Manager, Thailand: “Globally, Visa is speeding up the implementation of electronic payments by working closely with public and private sectors. Visa is aligning with like-minded partners around the world to help bring this vision to life. We are using our position as a global leader in innovation and technology to create solutions for businesses to connect to their consumers. The singing of MOU agreement with Phuket City Development is another milestone that help bring the country closer to a cashless Digital Thailand.”