TrueMoney Co., Ltd. was established in 2003 by True Corporation and became part of Ascend Group in 2015 with its regional head office located in Bangkok, Thailand. TrueMoney’s mission is to provide unbanked and underserved people access to financial services. By enabling access to financial services through innovative technology, TrueMoney aims to help improve the quality of life in the Southeast Asian region.
TrueMoney is providing financial services in 6 countries – Thailand, Cambodia, Myanmar, Indonesia, Vietnam, and the Philippines. TrueMoney’s services range from convenient, next-door financial services to easy-access and secure digital service platforms.
Digital Financial Services
- TrueMoney Wallet - available in Thailand, Indonesia, Cambodia, and Vietnam
A mobile wallet application offering users easier and more convenient ways to top-up, pay bills, and send money to their families and friends.
- WeCard - available in Thailand and Vietnam
A pre-paid virtual card within the TrueMoney Wallet application that enables users to perform transactions online without the need for a credit card. WeCard users can enjoy secure online shopping experiences from local and international shopping websites, made possible by our partnership with MasterCard.
Serving the Unbanked and Underserved Consumers
For unbanked and underserved consumers, TrueMoney bridges the service gap by establishing an agent network leveraging in 6 countries across Southeast Asia. With our agents in locations close to the consumers, TrueMoney offers secure and convenient money transfer and payment services, including domestic and cross-border remittances. We work hard to ensure that we can reach areas where access to banks and financial services are limited or not at all available.
TrueMoney also provides financial solutions for small to medium-sized corporations with its payment gateway for e-commerce retailers in Thailand and payroll services for Indonesia and the Philippines.
TrueMoney Myanmar Co., Ltd. was established in November 2014 as part of the Ascend Money group. We work hand in hand with Ascend Money group and its partners to ensure that we are able to effect changes in the lives of Myanmar people.
To date, we have 15,000 agents located nationwide in Myanmar. Our agents make it possible for the majority of the underserved Myanmar population to have access to fast and easy top-up services, bills payment, and money transfer, both domestic and international.
We understand that Myanmar people value their hard-earned money as it signifies hope and a better life for their families. Myanmar migrant workers sacrifice by working away from their families. TrueMoney, in partnership with AGD Bank, is committed to highly value these sacrifices and bridging the distance between Myanmar families through our money transfer service that is secure and 100% reliable.
Our Services in Myanmar
- Mobile Top-up services for all networks: e-Pin, e-Top-up
- Bills Payment services
- Utility Bills: Electricity
- AEON Product Installment and Loans
- CP Bills
- MFIL, iflix, Solar Home, 123 Pay Bill Payments
- Money Transfer Services in partnership with AGD Bank
- Nationwide Money Transfer in Myanmar
- International Money Transfer from Thailand to Myanmar