Promptpay news and trends

Deutsche Loops Thai Corporates Into Instant Payments
B2B Payments // April 16, 2020

Customers at Deutsche Bank‘s Bangkok branch will soon have access to electronic payments via the bank’s PromptPay service, according to reports. In Thailand, users will be able to access the government-sponsored service, which will aim to support inclusion for those left out of the financial...

Thailand’s PromptPay Plans B2B Payments Entrance
B2B Payments // February 09, 2017

Thailand peer-to-peer payments tool PromptPay, a part of the nation’s efforts to push electronic payments, will soon step into the world of B2B payments. Reports Wednesday (Feb. 8) said the solution, which has so far focused on the P2P electronic funds transfer space, will soon provide...

Digital Payments System Could Save Thai Banks $2B
International // January 25, 2017

Bloomberg reported that a new digital payments system debuting in Thailand will help banks save as much as $2 billion across 10 years tied to limited cash use. As noted by the newswire, those savings stem from the PromptPay service, which will more than help offset...

Quick Reads
Payments Network Rapyd Adds PromptPay Capabilities For Google In Thailand

August 10, 2021
Global FinTech startup Rapyd announced on Tuesday (Aug. 10) that Thailand’s Google Play users will now have access to PromptPay payments, starting from August 2021. According to the announcement, the experience is made possible via the company’s prior partnership with GB Prime Pay, a leading Thai payment solution provider. The deal will give local Android […]

Digital Payments System Could Save Thai Banks $2B

January 25, 2017
Bloomberg reported that a new digital payments system debuting in Thailand will help banks save as much as $2 billion across 10 years tied to limited cash use. As noted by...