Promtpay

Thailand’s national real-time payment system enabling instant, low-cost fund transfers between individuals, businesses, and government services

Overview

PromptPay is a central component of Thailand’s National e-Payment Master Plan, launched by the Bank of Thailand and the Ministry of Finance to accelerate financial inclusion and digital payments adoption. It allows individuals and businesses to send and receive money instantly using easily remembered identifiers such as national ID numbers, mobile phone numbers, or corporate tax IDs. PromptPay has become one of Southeast Asia’s most successful instant payment frameworks, driving cashless transactions and improving accessibility across Thailand’s economy

Key Services / Solutions

PromptPay enables real-time peer-to-peer transfers, merchant payments, and government disbursements directly into users’ bank accounts It supports QR code payments at physical and online merchants and integrates seamlessly with Thailand’s leading banks and fintech apps The system processes millions of transactions daily, offering instant confirmation, 24/7 availability, and minimal transaction fees Businesses benefit from faster settlements, reduced cash handling costs, and simplified reconciliation processes

Supported Payment Methods

QR code and mobile number-based payments through participating Thai banks

Direct account-to-account transfers for individuals, businesses, and government entities

Integration with online and mobile banking platforms across Thailand

Target Markets / Regions

PromptPay operates nationwide in Thailand and serves as the country’s core instant payment network It connects major financial institutions, government agencies, and fintech providers under a unified system, supporting both consumer and business transactions The network also forms the foundation for Thailand’s cross-border payment initiatives with ASEAN partners

Strengths / Differentiators

National real-time payment infrastructure backed by the Bank of Thailand

Simple and inclusive payment model using mobile numbers or ID-based identifiers

24/7 instant transfers with minimal transaction costs

Integration with QR code and digital banking systems for seamless usage

Trusted and secure framework driving Thailand’s transition toward a cashless society

Want to know more about PromtPay?
Contact Bizz2Pay today to discuss your requirements or get introduced to the right PromtPay team member or Payment Provider accepting PromtPay