Press Team
October 30, 2024
As the article reports, PromptPay plays a significant role in making financial services more accessible, affordable, and convenient. However, addressing digital literacy gaps, expanding merchant acceptance, and upholding data security are essential for its continued success and wider impact.
Damien stated: “PromptPay has been a great tool for financial inclusion. The pricing is competitive, and the addition of social payments has enhanced its popularity.”
There are a number of important learnings about this growing payment option in Thailand that have broader applicability.
Growth of Digital Wallets in Thailand
Cash Still Holds Strong
Recent Developments
Digital wallets are making inroads in Thailand, but cash remains a major player. The future likely holds a coexistence of both methods, with their usage varying based on individual preferences, location, and transaction type.
Read the full article on the Payments, Cards & Mobile website.
Press Team
press@thredd.com
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