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Thailand

Thai Baht (THB)

Thailand has the second largest economy in Southeast Asia. Usage of Thai digital payments increased from 202 times per person, per year in 2020, to 312 times per person, per year in 2021. Mobile banking transactions had the highest growth rate of 67.5% from the previous year. Technology advancement and the Covid-19 pandemic are important catalysts for Thai consumers’ shift toward digital platforms.

Thailand flag

Population

67,725,979

Banked Population:

95.58%

Group 427321246

Main industries

Tourism and Agriculture

Group 427321247

Main imports

Crude Petroleum, Integrated Circuits, Gold, Motor Vehicles (parts & accessories), and Broadcasting Equipment

Group 427321248

Main exports

Office Machine Parts, Gold, Integrated Circuits, Cars, and Motor Vehicles (parts and accessories)

GDP stats

$7,233.4

Per capita (USD)

 0.2%

Growth annually

25

World ranking

Internet usage

78%

Smartphone usage

59.3%

Credit/debit card usage

58%

Population transacting electronically

62%

Group 427321245 1

Total volume of digital payments projected to reach

$34.82B (USD)

Payment Methods in Thailand

All
  • All Methods
  • QR Code
  • P2P
  • Wire Transfer
  • Instant Bank Wire
  • eWallet

QRCODE

P2P

QRCODE

Bangkok Bank Offline BT

Wire Transfer

CIMB Thai

Wire Transfer

Citibank Offline BT

Wire Transfer

Government Housing Bank Offline BT

Wire Transfer

Government Savings Bank

Wire Transfer

ICBC Thai Limited Bank Offline BT

Wire Transfer

Kasikorn Bank Offline BT

Wire Transfer

Krung Thai Bank

Wire Transfer

LH bank

Wire Transfer

Siam Commercial Bank Offline BT

Wire Transfer

Standard Chartered Bank Thai

Wire Transfer

Islamic Bank of Thailand Offline BT

Wire Transfer

TMB Bank Offline BT

Wire Transfer

Kiatnakin Bank Offline BT

Wire Transfer

Bank Of Ayudhya

Instant Bank Wire

CIMB Thai

Instant Bank Wire

Government Savings Bank

Instant Bank Wire

Kasikorn Bank

Instant Bank Wire

Kiatnakin Bank

Instant Bank Wire

Krung Thai Bank

Instant Bank Wire

Siam Commercial Bank

Instant Bank Wire

TTB Bank TMBThanachart

Instant Bank Wire

Rabbit LINE Pay

eWallet

Bangkok Bank

Instant Bank Wire

TrueMoney

eWallet

ShopeePay Ewallet Thailand

eWallet

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