More payment methods

Thai QR

Revolutionising Digital Transactions in Thailand

Thai QR Code Payments is an innovative digital payment method that has transformed the way transactions are conducted in Thailand. This method leverages QR (Quick Response) codes to facilitate seamless and secure payments, enabling users to make purchases and transfers using their mobile devices.

Documentation
% of coverage
  • Country

    Originating from Thailand

  • Population

    70 million (estimated)

  • Number of Internet users

    61 million users (estimated)

  • Popular Payment Methods

    Bank transfers, e-wallets, credit and debit cards, cash payments​

% of coverage
  • Credit Card

    16%

  • Debit Card

    12%

  • E-Wallets

    29%

  • Cash payments

    28%

  • Bank Transfers

    12%

  • Other

    3%

Payment Method Overview
  • Type:QR Code Payment Solution
  • Currency:Thai Baht (THB)
  • % of coverage: 85% of banks and merchants in Thailand (estimated)
  • Money transfers to date: 1.3 billion (estimated)
  • Total customers:> 17 million (estimated)
  • Refunds:Yes, per bank policies
  • Chargebacks:Yes, allowed under dispute scenarios​

About payment system

Thai QR Code Payments simplify the transaction process by replacing the need for physical cash or cards. Users can use their smartphones to scan QR codes displayed by merchants, initiating payment directly from their linked bank accounts or mobile wallets. This streamlined approach eliminates the need for physical interactions and enhances the speed and convenience of transactions.

Apart from retail payments, Thai QR Code Payments are widely used for bill payments, peer-to-peer transfers, and various financial transactions. Users can pay for products and services across different sectors, including retail, dining, transportation, and more.

The significance of Thai QR Code Payments lies in its role in promoting financial inclusion and digitization in Thailand. By embracing digital payment technology, Thailand’s financial landscape is becoming more accessible to a wider population, including those who previously had limited access to formal financial services.

The emphasis on security, user experience, and innovation is evident in the secure encryption methods used to protect transactions, the ease of scanning QR codes, and the convenience for both users and merchants. As Thai QR Code Payments continue to gain popularity and adoption, they contribute to reshaping Thailand’s payment ecosystem, offering users greater convenience, financial empowerment, and a seamless payment experience.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

Fortumo

Fortumo

Mobile money

Fortumo is a leading provider of carrier billing and mobile payment solutions.

Logo (5)

Bizum

Bizum: Discover payment solutions in Spain

Bizum is a mobile payment system created by a consortium of Spanish banks in 2016, offering instant transfers by linking users' bank accounts to their mobile numbers.

Logo (16)

Wero

Wero: Discover payment solutions in Germany

Wero is a digital wallet and payment system, providing peer-to-peer payments, mobile payments, and online shopping options.

apple pay png

Apple Pay

Apple Pay: Discover payment solutions worldwide

Apple Pay is a mobile payment service. Discover payment solutions for emerging markets at spoynt.com

P2P

P2P

P2P: Discover payment solutions worldwide

P2P is a digital transaction between two individuals. Discover other payment solutions at spoynt.com

Logo (9)

Paylib

Paylib: Discover payment solutions in France

Paylib provides a secure and seamless way for users to make mobile payments, whether for online shopping, contactless in-store transactions, or peer-to-peer transfers.

Mobile Money Malaysia

Mobile Money

Mobile Money: Discover payment solutions in Malaysia

Mobile Money is an e-money service conducting payments via moblie phone. Discover other payment solutions at spoynt.com

Vinaphone

Vinaphone

Digital wallet

Vinaphone is a prominent mobile payment platform in Vietnam.

Verve

Verve

Online banking

Verve is a prominent payment solution in Nigeria.

Logo (3)

Klarna

Klarna: Discover payment solutions

Klarna is one of the leading Buy Now Pay Later (BNPL) services globally, operating in over 17 countries and serving over 450,000 merchants.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.