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Popular Thai mobile payment service sets its sights on Japan

Megabank MUFG hopes to sign up merchants seeking to lure tourists

About 70% of Thais have registered with the government-supported payment service, which is now being tested at a Tokyo discounter.

TOKYO --Thailand's widely used PromptPay smartphone payment service aims to boost the number of stores in Japan that accept it, aiming to capture the growing number of Thai visitors here.

Mitsubishi UFJ Financial Group will encourage Japanese retailers to accept PromptPay to serve more customers from Thailand. About 70% of the Southeast Asian country's population is said to have registered with the QR-code based payment service, which is supported by the Thai government.

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