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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)

QR Code

P2P

QR Code

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

ShopeePay Ewallet Thailand

eWallet

TrueMoney

eWallet

Bangkok Bank

Instant Bank Wire

Bank Of Ayudhya

Instant Bank Wire

CIMB Thai

Instant Bank Wire

Hong Kong Shanghai Bank

Payout

ICBC Thai

Payout

Kasikorn Bank

Payout

Kiatnakin Bank

Payout

Krung Thai Bank

Payout

Land and Houses Bank Public Company Limited

Payout

Mizuho Corporate Bank Thailand

Payout

Siam Commercial Bank

Payout

Standard Chartered Bank Thai

Payout

Bank of China Thai Public Company Limited

Payout

Sumitomo Mitsui Banking Corporation Thailand

Payout

Bank of Thailand

Payout

Thanachart Bank

Payout

CIMB Thai

Payout

The Thai Credit Retail Bank Public Company Ltd.

Payout

Citi Bank Thai

Payout

Islamic Bank of Thailand Offline BT

Payout

Deutsche Bank AG Thailand

Payout

TTB Bank TMBThanachart

Payout

Government Housing Bank

Payout

TISCO BANK PUBLIC COMPANY LIMITED

Payout

Government Savings Bank

Payout

UOB Bank Thai

Payout

Bank for Agriculture and Agricultural Cooperatives

Payout

Bangkok Bank

Payout

Bank Of Ayudhya

Payout

Payment Methods in Thailand

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

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