PromptPay is an infrastructure solution developed and regulated by the payment policy-making authority Bank of Thailand (BoT). Their Payment System Roadmaps modernize the payment infrastructure in the country alongside banks. To transfer funds between banks, users are identified through proxies such as mobile phone number, national identification number, corporate registration number, or digital wallet number.
How it works
- Shopper proceeds to checkout
- Shopper selects PromptPay from available payment methods
- Shopper scans QR code on screen with bank/wallet app
- Payment completed
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