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THAILAND

PromptPay 'Y2 18' glitch delays cash transfers

News, Somruedi Banchongduang, Published on 01/01/2018

» Users of the national e-payments system, PromptPay, were left frustrated Sunday when computer glitches related to the formatting of the calendar changing to 2018 held their cash hostage for about eight hours.

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THAILAND

All set for PromptPay

Business, Somruedi Banchongduang, Published on 28/12/2016

» After the lengthy testing process of PromptPay's consumer-to-consumer (C2C) service, a major bid to turn Thailand into digital payment mode, the money transfer service has been pushed back to further ensure its accuracy, stability and security. Originally slated for roll-out at the end of October, Predee Daochai, chairman of the Thai Bankers' Association (TBA), has confirmed that it is now scheduled for the first quarter of 2017.