Thailand’s Central JD Fintech launches e-wallet
Central JD Fintech has announced the launch of e-wallet product Dolfin Wallet in collaboration between Bangkok Bank and Kasikornbank.
Supported by Central Group retailers, the online financial service will target 5 million users by the end of the year. It will integrate AI and big data analytics to allow participating businesses to personalise promotional offers.
“Dolfin Wallet is the first e-wallet application to support payment and money transfers through all channels – including connection to bank accounts, debit cards and credit cards, cash top-up at all CenPay counters nationwide, and full-scale PromptPay support,” said Rungruang Sukkirdkijpiboon, CEO of Central JD.
“Through a user authentication system connected to Bangkok Bank’s and Kasikornbank’s respective applications, Dolfin Wallet supports payment for products and services at all PromptPay locations nationwide regardless of partner bank.”
Services are expected to become accessible to consumers within three months. The firm expects to reach 3-5 million customers initially and jump to around 10 million customers within the next four years.
“I think that the Dolfin Wallet will be a part of creating trust between traders or businesses and customers so that customers will have more confidence in payment via online transaction, which will drive and support a cashless society in Thailand in the next step”, said Wirawat Panthawangkun, senior executive VP of Kasikornbank.