Reference
·Primary source
Thai mobile banking transaction volume growth
~25B tx (2024)
Thailand's mobile banking and e-wallet transaction volume reached approximately 25 billion transactions in 2024 per Bank of Thailand payments statistics, up from roughly 14 billion in 2020. PromptPay accounts for the bulk of interbank retail transfers; the average Thai consumer now executes 50-60 PromptPay transactions per month per BoT household survey. The transaction explosion creates rich data infrastructure that incoming virtual banks intend to leverage for credit underwriting and merchant-acquiring product launches.
Figure in context
Thailand's mobile banking and e-wallet transaction volume reached approximately 25 billion transactions in 2024 per Bank of Thailand payments statistics, up from roughly 14 billion in 2020. PromptPay accounts for the bulk of interbank retail transfers; the average Thai consumer now executes 50-60 PromptPay transactions per month per BoT household survey. The transaction explosion creates rich data infrastructure that incoming virtual banks intend to leverage for credit underwriting and merchant-acquiring product launches.
Interpretation notes
What this tells you
Thailand's mobile banking and e-wallet transaction volume reached approximately 25 billion transactions in 2024 per Bank of Thailand payments statistics, up from roughly 14 billion in 2020. PromptPay accounts for the bulk of interbank retail transfers; the average Thai consumer now executes 50-60 PromptPay transactions per month per BoT household survey. The transaction explosion creates rich data infrastructure that incoming virtual banks intend to leverage for credit underwriting and merchant-acquiring product launches.
What not to do with it
Values in billions of transactions per year. Includes mobile banking app transactions, e-wallet payments, and PromptPay retail transfers; excludes large-value corporate BAHTNET settlement.
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Report context
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