Latin American payments platform dLocal has teamed up with hospitality management software Cloudbeds to tackle a common challenge for Thai hoteliers: inefficient payment systems.
As Southeast Asia moves towards a digital economy, Thailand is expected to transition to a cashless society by 2028. This is faster than most other countries in the region, according to a survey by Visa.
Payment automation is essential for the growth of Thailand’s hospitality industry, projected to reach almost $2 billion by 2030.
Hotels throughout the country often wrestle with outdated systems — a mix of clunky legacy infrastructure and fragmented payment solutions.
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