Showing 1-10 of 90 results
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Cross-border QR payments with India set to begin in Q3
Business, Somruedi Banchongduang, Published on 29/04/2024
» The Bank of Thailand is gearing up to launch QR code cross-border payments between Thailand and India by the third quarter of this year, with plans to extend the system to become a multinational payment network spanning Asia.
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PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
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Yuan loans likely to rise for Thai firms
Business, Somruedi Banchongduang, Published on 03/02/2024
» HSBC Thailand expects higher demand for yuan borrowing from large Thai corporates, in line with positive growth of cross-border trade and investment between Thailand, China and Hong Kong.
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Credit card firms push BoT rethink
Business, Somruedi Banchongduang, Published on 12/08/2023
» The Credit Card Club, a unit of the Thai Bankers' Association, plans to talk to the Bank of Thailand about expanding the ceiling interest rate and prolonging the relaxation of minimum payments for card spending.
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Credit card firms want to hike top rate
Somruedi Banchongduang, Published on 11/08/2023
» Credit card issuers are planning to ask the Bank of Thailand to raise the maximum interest rate they can charge and to put off an increase in the monthly minimum payment rate.
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Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
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HSBC Thailand prepares strategy for expansion
Business, Somruedi Banchongduang, Published on 02/06/2023
» HSBC Thailand aims to raise fresh funds and secure an additional licence in preparation for local business expansion in line with the country's economic growth.
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BoT to improve payment system standard
Business, Somruedi Banchongduang, Published on 16/09/2022
» The Bank of Thailand plans to upgrade the country's payment system standard to stabilise financial services and prevent digital banking glitches.
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PromptBiz targets SME digital payments
Business, Somruedi Banchongduang, Published on 30/08/2022
» National ITMX Co (NITMX), a digital payment infrastructure system developer, has created PromptBiz, a digital payment infrastructure system for the business sector, as part of its upgrade of Thailand's digital payment systems.
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KBank to transform Make app into digital bank
Business, Somruedi Banchongduang, Published on 15/06/2022
» Kasikornbank (KBank) plans to turn its Make by KBank mobile banking app into a purely digital bank and apply for a virtual banking licence from the Bank of Thailand (BoT).
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