Bank of Thailand - Payment Systems Report 2014

Last year, Thailand witnessed a major shift of the payment systems towards digitalization. Both bank and non-bank service providers introduced new payment innovations to the market through smartphone and tablet applications as well as other advanced technologies. At the same time, users also stepped up adoption of electronic payment services and electronic commerce. The aforementioned trend was in line with the government’s policy on Digital Economy which aimed at applying information technology to everyday economic and social activities and processes of all sectors of the economy, including public private and individuals, to uplift Thailand’s efficiency and competitiveness at the global stage. This report reviews the developments, trends and policy progress made in 2014 to promote and develop Thailand’s payment systems as a key propeller of the move towards the Digital Economy. The report is divided into several sections, and covers the following topics:

1. Payment Systems Policy
2. Payment Systems Oversight
3. Payment Systems Trend
4. Key Payment Statistics in 2013 - 2014

Document Details

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Year of Document: 
2015
Date of Document: 
Wednesday, May 13, 2015
Document Authors: 
Bank of Thailand
Language (This Document): 
English

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