With PromptPay, Thai bank account holders can register with their passport or ID card, linking their account to their mobile phone number. Registered users only need their mobile phone numbers to transfer money to each other, and inter-bank transfer fees are greatly reduced. The Government can also use PromptPay to issue tax rebates or national welfare payments.
Expanding into New Global Markets
Different countries exhibit distinct payment method preferences. Offer the required payment methods for local consumers.
Increasing Conversion Rates
Due to the utilization of local processing connections, local payment methods are favored to a greater extent within issuing institutions.
To achieve widespread global payment usage, it is recommended to adopt integrated integration to ensure the collaborative linkage of payment providers and acquiring institutions.