Settle in “Thai Cashless Society”
Modern day, the trend of payment in Thailand is changing increasingly. Look around the shopping places in Bangkok, cash payment seems to be outdated. Many NFC machines are installed and actively ready for being tapped. As well as, buyers obviously enjoy promotion offered by financial sectors.
There are three main e-payment platforms that are operating in Thailand and friendly to Thai and Non-Thai users
No.1 Rabbit Line Pay
Since 2016, Line, the biggest mobile chatting application in Thailand, has announced The Line Pay mobile platform and they later entered joint venture agreement with BSS Holdings Co., Ltd., provider of Rabbit smart cards for mass transit systems and offline e-payment at retail in Thailand.
As a result of an agreement, Line users can enjoy a cashless lifestyle from the existing chatting application without any extra add on. Today, Rabbit Line Pay’s reader is launched and found in major places across Bangkok and retail stores in all BTS stations.
No.2 Samsung Pay
It is Samsung’s mobile payment that allows a user to use their Samsung smartphone as a credit card. Instead of swiping a credit card, the user can tap their phone on credit card reader and then the payment will be made automatically.
This technology is successful at any places that accept credit card payment. Furthermore, it goes well with Near Field Communication (NFC), so that you can just tap your phone on an NFC machine and your payment is done. Now, Samsung Pay is available on these following models: Galaxy Note9, Galaxy S9+, Galaxy S9, Galaxy Note8, Galaxy S8+, Galaxy S8, Galaxy S7 edge, Galaxy S7, Galaxy S6 edge+, Note 5, Galaxy A8+, Galaxy A7 (2017), Galaxy A5 (2017), A5 (2016), A7 (2016), Galaxy A9 Pro and Galaxy J7
No.3 Prompt Pay
Prompt Pay is a financial system that enables people to transfer money between bank account by using the registered phone number or ID Card number. Recently, financial sectors has supported and applied this transaction system to QR code scanning feature.
So, from now, when you see a QR code in convenience stores, shops, and food stalls, do not hesitate to grab your phone and scan it!