QR Standard

Thailand’s unified QR code payment framework connecting banks, e-wallets, and merchants nationwide

Overview

The Thai QR Payment Standard is a national payment framework developed by the Bank of Thailand and the Thai Bankers’ Association to unify QR code-based payments across the country. It enables consumers and merchants to make and receive payments instantly through any participating bank or e-wallet app using a single interoperable QR format. This standardization simplifies digital payments, enhances interoperability, and supports Thailand’s vision of a secure and cashless economy

Key Services / Solutions

The Thai QR Payment Standard supports instant transfers through PromptPay and other participating systems It allows consumers to scan one QR code to pay using any bank or e-wallet app, eliminating the need for separate merchant codes The framework supports person-to-person transfers, merchant payments, bill payments, and e-commerce checkouts Merchants receive immediate confirmation of funds, while consumers benefit from faster and more secure transactions The system also supports both static and dynamic QR formats for retail and online environments

Supported Payment Methods

PromptPay-linked QR payments via participating Thai banks

Mobile banking and e-wallet applications supporting the Thai QR Payment Standard

Integration with government and utility bill payment systems

Target Markets / Regions

The Thai QR Payment Standard operates across Thailand, covering major financial institutions, payment service providers, and retailers It forms part of Thailand’s National e-Payment Master Plan and drives mass adoption of interoperable digital payments nationwide The system is also expanding cross-border connectivity through partnerships with ASEAN QR networks

Strengths / Differentiators

Nationally unified QR code payment system connecting banks and fintechs

Instant interoperability across multiple apps and financial institutions

Secure and regulated framework backed by the Bank of Thailand

Supports both domestic and cross-border QR transactions

Key driver of Thailand’s digital and cashless payment transformation

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