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Thailand, known for its beautiful beaches and bustling cities, has a strong financial sector and a well-developed payment system. Thai consumers are highly comfortable with electronic payments, and credit cards, debit cards, and mobile wallets are widely used. The country has also embraced contactless payments and digital wallets, making Thailand a leading digital economy in Southeast Asia. Thailand’s payment system shows a growing adoption of digital payment methods alongside continued reliance on cash. Credit and debit cards (Visa, Mastercard) are widely accepted, especially in urban areas and tourist destinations. Mobile payment platforms (PromptPay, Alipay, WeChat Pay) are gaining popularity, driven by a large and increasingly digitally literate population. Online banking is common, and electronic bank transfers are routinely used. Cash, however, retains a strong position, especially in smaller businesses and across various sectors of the economy.

Population

Estimated Population

70.2 million

Currency

Currency

Thai baht (THB)



Popular payment methods