Payment Providers in Thailand
Thailand's payment market is led by PromptPay — the Bank of Thailand's instant payment + QR code system. PromptPay is virtually universal among Thai banking customers, with near-zero fees and instant settlement. Cards remain important for mid-to-high-ticket e-commerce, and TrueMoney leads the wallet space.
Key payment methods in Thailand
The local rails merchants must support to convert Thailand customers.
Providers supporting Thailand
About payments in Thailand
What is PromptPay?
PromptPay is Thailand's central-bank-operated instant payment system, similar to UPI (India) or PIX (Brazil). It works via phone number, national ID, or QR code. Settlement is instant, 24/7, and fees for merchants are minimal (0.2-0.5%).
Do I need a Thai entity to process payments?
Domestic processing under BOT rules typically requires Thai entity. Cross-border processors can serve Thailand from outside, though FX and settlement constraints apply. For full PromptPay integration, partnerships with Thai PSPs are common.