Thailand's payment market is experiencing rapid digital transformation, featuring the following characteristics:
Rapid growth of digital payments: In recent years, the Thai government has strongly promoted electronic payment systems, significantly increasing the usage rate of mobile payments and e-wallets. Major e-wallets include TrueMoney, Rabbit LINE Pay, and AirPay.
Widespread QR code payments: Thailand has introduced a unified QR code payment standard called PromptPay, greatly promoting the digitization of small-value payments, especially among street vendors and small merchants.
Digitalization of banking: Major banks in Thailand have launched their own mobile banking applications, providing comprehensive digital financial services including transfers, payments, and investment.
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Popular payment methods
PromptPay
PromptPay is commonly used for online to offline payments in TH.
- Payment type
- Online to Offline
- Buyer coverage
- TH
- Payment currency
- THB
- Refund
- Partial refund
TrueMoney Wallet
TrueMoney Wallet is commonly used for digital wallets payments in TH.
- Payment type
- Digital Wallets
- Buyer coverage
- TH
- Payment currency
- THB
- Refund
- Partial refund
Rabbit LINE Pay
Rabbit LINE Pay is commonly used for digital wallets payments in TH.
- Payment type
- Digital Wallets
- Buyer coverage
- TH
- Payment currency
- THB
- Refund
- Partial refund
Thailand Banks
Thailand Banks is commonly used for bank transfer payments in TH.
- Payment type
- Bank Transfer
- Buyer coverage
- TH
- Payment currency
- THB
- Refund
- Partial refund
Thailand
Country code
TH
Currency code
THB
Currency unit
฿ THB