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PromptPay is a digital payment system in Thailand, developed and regulated by the Bank of Thailand (BoT). It allows users to send and receive funds via bank transfers using a mobile phone number or national ID as a proxy, eliminating the need for detailed bank account information.

Method
PromptPay
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full refunds only
Type
Bank Transfer
Local Card Scheme
Users
80M
Disbursements
No
No
Chargebacks
$25.00
$25.00
Authorization currency
THB
Authorization
speed
Instant
Recurring
No
No