Reference
·Primary source
PromptPay — annual transaction volume
~50–60B transactions/yr
PromptPay, Thailand's national instant-payment rail operated by the National ITMX (ITMX) under the supervision of the Bank of Thailand (BOT), processes approximately 50–60 billion transactions per year as of 2023 — one of the highest per-capita real-time-payment utilisation rates in Asia. Launched in 2017, PromptPay allows fund transfers using national ID number or mobile phone number as the proxy identifier, eliminating the need to share bank account details. Transaction values range from small peer-to-peer transfers to government disbursements (social welfare payments, COVID stimulus, tax refunds). QR code-based merchant payments (PromptPay QR) have driven adoption among small businesses and hawker vendors. BOT publishes monthly PromptPay statistics including transaction count and value through the Payment Systems Report.
Figure in context
PromptPay, Thailand's national instant-payment rail operated by the National ITMX (ITMX) under the supervision of the Bank of Thailand (BOT), processes approximately 50–60 billion transactions per year as of 2023 — one of the highest per-capita real-time-payment utilisation rates in Asia. Launched in 2017, PromptPay allows fund transfers using national ID number or mobile phone number as the proxy identifier, eliminating the need to share bank account details. Transaction values range from small peer-to-peer transfers to government disbursements (social welfare payments, COVID stimulus, tax refunds). QR code-based merchant payments (PromptPay QR) have driven adoption among small businesses and hawker vendors. BOT publishes monthly PromptPay statistics including transaction count and value through the Payment Systems Report.
PromptPay, Thailand's national instant-payment rail operated by the National ITMX (ITMX) under the supervision of the Bank of Thailand (BOT), processes approximately 50–60 billion transactions per year as of 2023 — one of the highest per-capita real-time-payment utilisation rates in Asia. Launched in 2017, PromptPay allows fund transfers using national ID number or mobile phone number as the proxy identifier, eliminating the need to share bank account details. Transaction values range from small peer-to-peer transfers to government disbursements (social welfare payments, COVID stimulus, tax refunds). QR code-based merchant payments (PromptPay QR) have driven adoption among small businesses and hawker vendors. BOT publishes monthly PromptPay statistics including transaction count and value through the Payment Systems Report.
Time scope
FY2023
Source basis
Primary source
Interpretation notes
What this tells you
PromptPay, Thailand's national instant-payment rail operated by the National ITMX (ITMX) under the supervision of the Bank of Thailand (BOT), processes approximately 50–60 billion transactions per year as of 2023 — one of the highest per-capita real-time-payment utilisation rates in Asia. Launched in 2017, PromptPay allows fund transfers using national ID number or mobile phone number as the proxy identifier, eliminating the need to share bank account details. Transaction values range from small peer-to-peer transfers to government disbursements (social welfare payments, COVID stimulus, tax refunds). QR code-based merchant payments (PromptPay QR) have driven adoption among small businesses and hawker vendors. BOT publishes monthly PromptPay statistics including transaction count and value through the Payment Systems Report.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.