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Digital payments across Thailand are four times as frequent as they were before the COVID-19 pandemic, as the countrys infection rate is increasing the need for online services, the central bank told Reuters in report on Monday Oct. 11 .聽Thailands most recent pandemic outbreak started in April and accounts for more than 98% of the COVID-19 cases and deaths, leading to harsher restrictions this summer.聽The 28 million daily transaction count through the PromptPay platform is quite a big jump from pre-pandemic levels, Assistant Governor Siritida Pan stanley de omwon Na Ayudhya said.聽 Central bank data shows transact stanley cup romania ions were in the 7 million daily range in 2019 and 14.5 million in 2020.聽Related: RippleNet Expands Operations In S. Korea-Thailand Remittance Corridor聽In August, RippleNet, Ripples global financial network, announced a collaboration with Global Money Express GME Remittance .The partnership connected GME Remittance, one of the largest non-bank remittance service providers in South Korea, to Siam Commercial Bank SCB , one of Thailands largest lenders by assets. There are about 180,000 Thailand natives in South Korea. 聽 The remittance corridors requiring high-performance payments to this region are growing exponentially 鈥?with people needing to send money round the clock, even on holidays or weekends, said Emi Yoshikawa, vice president of corporate strategy and operations at Ripple stanley cup , in the announcement.聽Also Read: NEW REPORT: Capturing the Global Cryptocurrency Payments Oppor Lbqf FinTechs Get Zero-Fraud Guarantee for Inbound Digital Transfers
At fashion designer Rebecca Minkoff store in New York fashionable Soho district, a dressing room has a digital mirror that identifies garments, makes accessory recommendations and can summon sales associates to bring in that garment in alternative colors and sizes. But what makes this digital dressing room mirror different fr stanley usa om most is that it allows the shopper to complete the purchase in the dressing stanley kubek room with one-click. That true as long as the customer is using PayPal and specifically PayPal mobile app. And yes, the mirror comes from current PayPal owner eBay.If the shopper doesn ;t happen to use PayPal, an associate will come to the dressing room with a tablet that has a card reader that can handle the usual card brands. But that not nearly as cool and quick as doing the Snow White magic mirror thing.As a practical matter, it not clear whether the magic mirror effort would necessarily be faster even for shoppers willing to use PayPal app. Either way, the shopper needs to wait for a sales associate to come to the dressing room, which is rarely instantaneous, especially during the holidays. If the PayPal app is successfully used with the mirror, the associate has to arrive and pack up the purchases. If the sho stanley termohrnek pper is waiting for that, they might not lose much time by swiping their card upon the associate arrival. And if the store is sufficiently crowded, it might even be faster to just grab the purchases
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