Reference
·Primary source
BOT Thailand Payment Systems (TPS) modernisation — key milestones
Phase 2 targets 2025–2027
The Bank of Thailand's Thailand Payment Systems Roadmap, now in its second strategic phase (TPS 2025–2027), focuses on cross-border QR payment interoperability, digital baht (CBDC) wholesale pilot expansion, and open banking standardisation. Phase 1 delivered PromptPay, QR code merchant standards, and the Any ID payment proxy framework. Phase 2 priorities include linking PromptPay to ASEAN instant-payment networks (Singapore's PayNow, Malaysia's DuitNow, Vietnam's NAPAS) via bilateral QR interoperability agreements, and establishing an open API standard for third-party payment service providers. Thailand signed a bilateral PromptPay–PayNow QR linkage with MAS in 2021, with Laos, Cambodia, and Vietnam connections following in subsequent years. The BOT publishes the TPS roadmap and semi-annual progress updates through its Payment Systems Policy Division.
Figure in context
The Bank of Thailand's Thailand Payment Systems Roadmap, now in its second strategic phase (TPS 2025–2027), focuses on cross-border QR payment interoperability, digital baht (CBDC) wholesale pilot expansion, and open banking standardisation. Phase 1 delivered PromptPay, QR code merchant standards, and the Any ID payment proxy framework. Phase 2 priorities include linking PromptPay to ASEAN instant-payment networks (Singapore's PayNow, Malaysia's DuitNow, Vietnam's NAPAS) via bilateral QR interoperability agreements, and establishing an open API standard for third-party payment service providers. Thailand signed a bilateral PromptPay–PayNow QR linkage with MAS in 2021, with Laos, Cambodia, and Vietnam connections following in subsequent years. The BOT publishes the TPS roadmap and semi-annual progress updates through its Payment Systems Policy Division.
The Bank of Thailand's Thailand Payment Systems Roadmap, now in its second strategic phase (TPS 2025–2027), focuses on cross-border QR payment interoperability, digital baht (CBDC) wholesale pilot expansion, and open banking standardisation. Phase 1 delivered PromptPay, QR code merchant standards, and the Any ID payment proxy framework. Phase 2 priorities include linking PromptPay to ASEAN instant-payment networks (Singapore's PayNow, Malaysia's DuitNow, Vietnam's NAPAS) via bilateral QR interoperability agreements, and establishing an open API standard for third-party payment service providers. Thailand signed a bilateral PromptPay–PayNow QR linkage with MAS in 2021, with Laos, Cambodia, and Vietnam connections following in subsequent years. The BOT publishes the TPS roadmap and semi-annual progress updates through its Payment Systems Policy Division.
Time scope
2024 (ongoing programme)
Source basis
Primary source
Interpretation notes
What this tells you
The Bank of Thailand's Thailand Payment Systems Roadmap, now in its second strategic phase (TPS 2025–2027), focuses on cross-border QR payment interoperability, digital baht (CBDC) wholesale pilot expansion, and open banking standardisation. Phase 1 delivered PromptPay, QR code merchant standards, and the Any ID payment proxy framework. Phase 2 priorities include linking PromptPay to ASEAN instant-payment networks (Singapore's PayNow, Malaysia's DuitNow, Vietnam's NAPAS) via bilateral QR interoperability agreements, and establishing an open API standard for third-party payment service providers. Thailand signed a bilateral PromptPay–PayNow QR linkage with MAS in 2021, with Laos, Cambodia, and Vietnam connections following in subsequent years. The BOT publishes the TPS roadmap and semi-annual progress updates through its Payment Systems Policy Division.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
PromptPay — annual transaction volume
Bank of Thailand Payment Systems Report, ITMX statistics
Thailand total card payment spend (debit and credit)
Bank of Thailand Financial Institutions Report, Nilson Report Thailand
True Money e-wallet — registered user base
Ascend Money press releases, BOT electronic-payment provider registry
Rabbit LINE Pay — monthly active transaction base
Rabbit Group disclosures, LINE Thailand user statistics, BOT e-payment provider data
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.