Reference
·Supporting source
Thailand total card payment spend (debit and credit)
~USD 30–35B/yr
Thailand's total card-based payment volume — combining credit card, debit card, and prepaid card transactions — is estimated at USD 30–35 billion annually. Credit cards remain the dominant card product by spend value, with major issuers being KBANK, KTC (Krungthai Card, SET: KTC), Bangkok Bank, and Citibank Thailand (now Krungsri-acquired portfolio). Debit card usage has grown with the penetration of PromptPay-linked debit cards issued by state banks (GSB, Krungthai). Card spend as a share of private consumption is lower in Thailand than in Singapore or Hong Kong, reflecting the large informal-economy sector and the preference for cash among older demographic cohorts. The BOT's Financial Institutions Report tracks card-issuing statistics quarterly; Nilson Report provides comparative benchmarks.
Figure in context
Thailand's total card-based payment volume — combining credit card, debit card, and prepaid card transactions — is estimated at USD 30–35 billion annually. Credit cards remain the dominant card product by spend value, with major issuers being KBANK, KTC (Krungthai Card, SET: KTC), Bangkok Bank, and Citibank Thailand (now Krungsri-acquired portfolio). Debit card usage has grown with the penetration of PromptPay-linked debit cards issued by state banks (GSB, Krungthai). Card spend as a share of private consumption is lower in Thailand than in Singapore or Hong Kong, reflecting the large informal-economy sector and the preference for cash among older demographic cohorts. The BOT's Financial Institutions Report tracks card-issuing statistics quarterly; Nilson Report provides comparative benchmarks.
Thailand's total card-based payment volume — combining credit card, debit card, and prepaid card transactions — is estimated at USD 30–35 billion annually. Credit cards remain the dominant card product by spend value, with major issuers being KBANK, KTC (Krungthai Card, SET: KTC), Bangkok Bank, and Citibank Thailand (now Krungsri-acquired portfolio). Debit card usage has grown with the penetration of PromptPay-linked debit cards issued by state banks (GSB, Krungthai). Card spend as a share of private consumption is lower in Thailand than in Singapore or Hong Kong, reflecting the large informal-economy sector and the preference for cash among older demographic cohorts. The BOT's Financial Institutions Report tracks card-issuing statistics quarterly; Nilson Report provides comparative benchmarks.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Thailand's total card-based payment volume — combining credit card, debit card, and prepaid card transactions — is estimated at USD 30–35 billion annually. Credit cards remain the dominant card product by spend value, with major issuers being KBANK, KTC (Krungthai Card, SET: KTC), Bangkok Bank, and Citibank Thailand (now Krungsri-acquired portfolio). Debit card usage has grown with the penetration of PromptPay-linked debit cards issued by state banks (GSB, Krungthai). Card spend as a share of private consumption is lower in Thailand than in Singapore or Hong Kong, reflecting the large informal-economy sector and the preference for cash among older demographic cohorts. The BOT's Financial Institutions Report tracks card-issuing statistics quarterly; Nilson Report provides comparative benchmarks.
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
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
BOT Thailand Payment Systems (TPS) modernisation — key milestones
Bank of Thailand Thailand Payment Systems Roadmap, BOT Payment Systems Report
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.