| Payment type |
Real-time payments |
|---|---|
| Channel | Online |
| Register of Region | TH |
| Support of Region | Thailand |
| Settlement currency | USD |
| Payment Cost |
Pay Platform Details
Users of PromptPay may instantly transfer Thai Baht between accounts by using their mobile phone number, citizen identity number (ID), e-wallet ID, company tax ID, biller ID, or bank account number. It is incredibly secure and closely supervised by the Bank of Thailand.
Flywire will provide you with a special bank account number to send the money via PromptPay using your banking app on your phone, internet banking, or at the ATM when you choose to pay via domestic bank transfer in Thai Baht (THB).
Launched in January 2017, the initiative enrolled 40 million individuals by the middle of 2018. The government has great support for the service.
PromptPay payments – Payment method properties
Country availability
- Customer locations – Thailand
- Presentment currency – THB
- Payment confirmation – Customer-initiated
- Payment method family – Real-time payments
- Billing Support – Yes
- Connect support – Yes
- Dispute support – Not applicable
- Refunds / Partial refunds – Yes / Yes
Payment flow
PromptPay is chosen at checkout, and then a QR code is scanned using a favourite app. Once the transaction is approved a notification is received that the payment has been successfully made.
How it works
- Desktop
#1
Shopper proceeds to checkout
#2
Shopper selects PromptPay from available payment methods
#3
Shopper scans QR code on screen with bank/wallet app
#4
Payment completed
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