LINE Thailand Boosts Mobile Payment Adoption in Southeast Asia Expansion with CyberSource's Solutions


LINE Thailand Boosts Mobile Payment Adoption in Southeast Asia Expansion with CyberSource's Solutions


BANGKOK, Oct. 8, 2015 /PRNewswire=KYODO JBN/ --

- LINE Thailand extends mobile payment services for users in Southeast Asia,

enabled by CyberSource's full range of world-class payment management

solutions, including fraud management and payment tokenization

- CyberSource solutions to enhance payment security while streamlining mobile

checkout experience for LINE users

CyberSource, a Visa Inc. company (NYSE: V), and one of the world's largest

providers of eCommerce payment management services, today announced a

partnership with LINE Thailand, a mobile messenger service application (app).

This agreement will allow LINE Thailand to enable mobile payments for its users

on LINE Pay, the app's mobile payment service.

Through this partnership, CyberSource will offer its full suite of payment,

fraud management and tokenization services for LINE Thailand. Via CyberSource's

global payment gateway, LINE Thailand's acquirer, Krungsri (Bank of Ayudhya),

Thailand's fifth largest bank, will be able to process a wider spectrum of

mobile payments from multiple card brands and issuers, as well as certain

alternative payment methods. The solution is designed to provide their

customers with secure mobile payment options at affiliated online and

brick-and-mortar stores without requiring an additional app.

LINE has grown globally across 230 countries and regions since 2011, with its

mobile messaging service app registering 205 million monthly active users as of

April 2015[1]. Thailand has its second largest user base in Asia with 33

million users[2]. As part of the company's mission to become a platform that

encompasses almost every aspect of its users' digital lives, LINE Pay is one of

the latest key features to expand beyond its core revenue streams.

"By integrating CyberSource's global payment gateway, fraud management and

tokenization solutions into our mobile payment service, our affiliated

merchants will be able to simplify and secure their checkout process without

the inconvenience of loading a new app," said Mr. Prapakorn Lipikorn, Head of

LINE Pay Business Development, LINE Thailand. "This partnership is a key

component in our strategy to cater to an ever-growing user base in Southeast

Asia. We are able to streamline payment acceptance and create new growth

opportunities for our merchants, while providing our users with a fuss-free

mobile payment option."

LINE Pay will utilize CyberSource's fraud management and payment tokenization

solutions to enable LINE Thailand users to make mobile payments securely and

efficiently. CyberSource's fraud management tool, Decision Manager, features

the World's Largest Fraud Detection Radar. Coupled with mobile risk models and

support from CyberSource experts to tune fraud rules, LINE Pay will be able to

pinpoint fraud faster, more accurately and with less manual intervention.

Additionally, CyberSource Merchant Payment Tokenization will be used to protect

customer payment data. This service replaces sensitive account data with a

unique identifier token and stores the data on CyberSource's secure servers,

away from the merchant environment. In turn, LINE Pay will be able to

facilitate seamless payments without the risk of storing sensitive customer

information as well as instill consumer confidence.

"The partnership with LINE Thailand offers a compelling solution to merchants

looking to grow and expand in Southeast Asia's thriving mobile commerce arena.

The consolidated single platform will help improve a customer's experience with

the merchant as well as with LINE Thailand, as they will be able to pay using

their preferred payment methods on their mobile devices. We are pleased to work

with LINE Thailand to optimize their fraud management and payment security

services, allowing them to safeguard merchants' and customers' interests, and

focus on strategically growing its user base in the region," said Chew Ann Wee,

Senior Regional Director, Southeast Asia, CyberSource.

About CyberSource

CyberSource, a wholly-owned subsidiary of Visa Inc., is a payment management

company. Over 400,000 businesses worldwide use CyberSource ( )and Authorize.Net ( brand solutions to process online payments,

streamline fraud management, and simplify payment security. The company is

headquartered in Foster City, California and maintains offices throughout the

world, with regional headquarters in Singapore, Tokyo, Miami / Sao Paulo and

Reading, U.K. CyberSource operates in Europe under agreement with Visa Europe.

For more information, please visit

About LINE Corporation

LINE Corporation is based in Japan and operates the LINE messenger app, a

global service used in more than 230 countries. It offers free one-to-one and

group messaging. Free domestic and international voice and video calls are also

available. Apart from its messenger app that is used to send popular virtual

stickers -colorful emoticons- the company offers a wide range of non-messaging

services ranging from games to photo sharing apps. For more information about

LINE, please visit

About Krungsri

Krungsri (Bank of Ayudhya PCL and its business units) is the fifth-largest

financial group in Thailand in terms of assets, loans and deposits, with 70

years of history in the country.  Krungsri is a strategic member of the

Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial group and one

of the world's largest financial organizations.  Krungsri provides a

comprehensive range of banking, consumer finance, investment, asset management

and other financial products and services to individual consumers, SMEs and

large corporations through 663 branches and over 23,000 service outlets

nationwide.  The Krungsri Group is the largest card issuer in Thailand with 6.4

million credit cards, sales finance and personal loan accounts in its

portfolio; a major automobile financing service provider (Krungsri Auto); one

of the fastest growing asset management companies (Krungsri Asset Management);

and a pioneer in microfinance (Ngern Tid Lor). For more information about

Krungsri, please visit

Media contact:

Felicia Ang

Ying Communications


[1] LINE Corporation, LINE Corporation Announces 2015 Q1 Earnings ( ), April 30, 2015

[2] Bangkok Post, Line Pay debuts in Thailand (

), July 15, 2015

SOURCE  CyberSource