23. Partnerships

23.1 Government Partnership: Thailand

Thailand has emerged as one of Southeast Asia’s most progressive countries in embracing blockchain inovation. The government has actively supported.

23.1.1 Empowering the Thai Economy Through Digital Payments

Thailand has emerged as one of Southeast Asia’s most progressive countries in embracing blockchain innovation. The government has actively supported the development of digital asset frameworks, regulated exchanges, and pilot projects for crypto-based commerce — with a strong focus on compliance, tourism, and financial modernization.

23.1.2 Thailand’s Crypto-Forward Regulatory Landscape

● The Thai SEC and Ministry of Finance have issued clear regulations on cryptocurrency trading, digital asset service providers (VASPs), and business use cases.

● Thailand’s Digital Economy Promotion Agency (DEPA) and the Bank of Thailand have explored CBDC, blockchain logistics, and regulated payment protocols.

23.1.3 Our Strategic Role in the National Vision

PaywithCrypto is positioned to support the Thai government's goals of:

● safe and legal use of digital assets

● Increasing financial inclusion for tourists and digital nomads

● Strengthening AML and KYC compliance in the private sector

● Reducing reliance on informal OTC markets for crypto cash-outs

By deploying a non-custodial, POS-based solution, we reduce the risk of black-market transactions while offering full visibility and control through KYC/KYB onboarding, and AML-backed transaction monitoring via licensed platforms.

23.1.4 Regulated Merchant Onboarding

All PaywithCrypto merchants in Thailand are required to:

● Complete government-standard KYB onboarding

● Register business information under Thai commerce regulations

● Agree to terms that ensure AML compliance and taxable fiat settlements

This allows Thai authorities to monitor transaction volumes transparently while allowing merchants to operate within the law.

23.1.5 Safe, Transparent, and Regulated

Compliance Feature	Partnered With
Fiat Conversion License	✅ Leading Thailand Asset Broker (NDA)
AML Blacklist Filters	✅ AML Engine
KYB/KYC Verification	✅ Government ID-based onboarding
Non-Custodial Protocol	✅ PaywithCrypto direct wallet model

23.1.6 Strategic Impact

Benefit to Thailand	How PaywithCrypto Delivers
Financial Modernization	Digitizes retail transactions using licensed stablecoins
Regulatory Alignment	Built on AML/KYC-compliant infrastructure
Tourism Enablement	Lets travelers pay in crypto without local bank accounts
Revenue Traceability	Settles in THB via licensed partners, easing tax reporting
Economic Inclusion	Supports SMEs, street vendors, and microbusinesses

PaywithCrypto is not only aligned with Thai law — it’s built to enhance Thailand’s digital financial leadership.

We welcome continued collaboration with the Thai SEC, DEPA, and other regulatory bodies to expand our POS rollout nationwide, foster financial innovation, and set the standard for compliant crypto commerce in Asia.

23.2 Distribution

23.2.1 Ocean Pay Solutions

Ocean Pay Solutions is the official marketing and distribution partner of PWC HK Holdings Ltd., specializing in the merchant activation and deployment of crypto-enabled point-of-sale (POS) systems across Thailand and Southeast Asia.

As an authorized distributor, Ocean Pay Solutions is responsible for the onboarding and education of retail merchants, ensuring each business is equipped with the necessary tools and training to accept cryptocurrency payments via PWCT’s non-custodial infrastructure. The company manages the entire merchant journey—from initial outreach, KYC/KYB facilitation, and POS deployment, to after-sales support and compliance assistance.

Ocean Pay Solutions plays a crucial role in localizing PWC’s ecosystem rollout, particularly by coordinating with licensed Virtual Asset Service Providers (VASPs) to ensure regulatory alignment and transactional integrity. Through this model, Ocean Pay Solutions helps lower the barrier to entry for merchants while accelerating real-world crypto adoption.

By combining on-ground operational expertise with a scalable support framework, Ocean Pay Solutions enables a seamless integration of Web3 technologies into traditional commerce, contributing directly to the broader mission of advancing crypto payment infrastructure in the region.

23.3 Strategic Partnerships

23.3.1 StepVC

StepVC is a Shanghai-based venture capital firm specializing in early-stage investments across blockchain, fintech, and advanced technology sectors. With a strategic focus on emerging markets, StepVC has cultivated a diverse portfolio that includes notable companies such as Amber Group and Akeso.

23.3.2 Dabanc

Dabanc is a forward-thinking fintech company dedicated to revolutionizing digital banking by integrating cryptocurrency solutions into everyday financial services. By offering a seamless blend of traditional banking features with modern crypto functionalities, Dabanc empowers users to manage their digital and fiat assets within a unified platform

23.3.3. Crydit.com

Crydit.com is a pioneering fintech platform revolutionizing cryptocurrency payments through its innovative Unlimited Crypto Card. This card enables users to seamlessly spend their digital assets across millions of merchants worldwide, bridging the gap between crypto holdings and everyday purchases.

23.3.4 Abelian

Abelian is a next-generation blockchain platform designed for privacy-preserving and quantum-resistant transactions. It leverages lattice-based cryptography to enable confidential transactions that protect user data against both classical and quantum attacks. With a focus on scalability, security, and mathematical rigor, Abelian aims to set a new standard in privacy-first digital asset ecosystems.

23.3.5 PQA Labs

PQA Labs is redefining the future of digital finance by merging blockchain innovation with the advanced protections of post-quantum computing. At the core of its offering is a uniquely engineered stablecoin—designed to maintain consistent value through a reserve of cash instruments and secured with post-quantum cryptographic algorithms. This powerful combination ensures both stability and resilience, shielding users from the growing threats posed by quantum computing. With a focus on long-term security and financial integrity, PQA Labs is pioneering a safer, smarter ecosystem for the next generation of digital transactions.

23.3.6 PayDD

PayDD offers seamless payroll distribution in over 120 countries, providing scalable cross-border payment solutions tailored for global operations. Its Web3-compatible payroll services are specifically designed to support decentralized teams, ensuring flexibility and future-readiness. With a focus on cost-efficiency and operational scalability, PayDD enables businesses to manage international workforce payments with ease and reliability.

23.3.7 Umy.Com

Umy is a Web3 travel and lifestyle platform that brings hotel bookings, flight reservations, shopping, and next-generation consumption services to the blockchain era. With its seamless PayFi payment system, Umy enables users to enjoy real-world experiences powered by digital assets. Umy is focused on making crypto more usable for everyday travel and leisure, creating a consumer-first Web3 ecosystem that redefines how people explore, spend, and connect globally.

23.3.8 BSCS

BSCS (Binance Smart Chain Station) is a decentralized multi-chain launchpad and DeFi platform designed to accelerate the growth of blockchain startups. With a mission to empower innovative projects, BSCS provides a comprehensive ecosystem that includes token launch services, yield farming, and staking opportunities across multiple chains. By combining accessibility, cross-chain functionality, and a strong community foundation, BSCS enables both projects and investors to thrive in a secure and scalable DeFi environment.