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CPB and SCB Promote Cashless Society with Mae Manee App for Markets

June 07, 2024

The Crown Property Bureau (CPB) and Siam Commercial Bank (SCB) continue to promote community market development by introducing financial technology that will ready communities and small entrepreneurs to welcome QR payments from local shoppers and international tourists.

IKEA Sukhumvit set to unveil city-store concept on Dec 1

November 29, 2023

Self-service, easy accessibility, and cashless transactions are the highlights of the first IKEA city store concept in Bangkok, Leonie Hoskin, the furniture giant’s Thailand and Vietnam retail manager said on Wednesday.

Thai banks considering cash transaction fee 'to cover their costs'

THURSDAY, MAY 11, 2023

The members of the Thai Bankers' Association are considering adjusting banks' fee structures, including levying a cash transaction fee, the association president, Payong Srivanich, said.

Thailand minting fewer coins as people opt for online transactions

TUESDAY, DECEMBER 27, 2022

With Thailand fast becoming a cashless society, far fewer coins are being minted yearly.

Thais most enthusiastic about digital payments in Asean: Visa study

THURSDAY, JUNE 02, 2022

Cashless payments, online shopping and revenge travel were the three leading trends that would feature in the endemic world in Southeast Asia, according to a Visa report on "Consumer Payment Attitudes".

BOT eyes cashless society with discussion on fee structure

WEDNESDAY, FEBRUARY 02, 2022

The Bank of Thailand (BOT) has come out with a consultation paper to guide the country into the digital world.

Vietnam aims to become a cashless country

MONDAY, NOVEMBER 22, 2021

HÀ NỘI — Việt Nam will continue to implement new technologies and policies in its bid to become a cashless country, said banking experts and policymakers in a conference on Friday discussing the current situation of cashless technology in the country.

Almost 50% of Thais aim to avoid using cash after pandemic ends: Visa

THURSDAY, MAY 06, 2021

Nearly half of all Thai consumers – 45 per cent – are likely to avoid using money after the Covid-19 pandemic ends, Visas Consumer Payment Attitudes study showed on Wednesday.

Digital payments soar 104% as Thais go cashless during Covid

MONDAY, APRIL 19, 2021

Real-time payments surged 104 per cent to more than 5.24 billion in 2020 as cash use in Thailand plummeted during the Covid-19 crisis last year, new research shows.

Thais can go without cash for up to 8 days as digital payment usage rises: Visa

THURSDAY, MARCH 25, 2021

More than four in five Thais (82 per cent) have tried going cashless, on average succeeding at living for more than a week (8 days) without using cash, the Visa Consumer Payment Attitudes study showed on Wednesday.

‘Eat, Shop, Spend’ campaign a clear move towards cashless society, says telecoms expert

TUESDAY, OCTOBER 15, 2019

As of October 9, as many as 10 million people had registered for the government’s Bt10-trillion “Eat, Shop, Spend” campaign since it was launched on September 23. Under the project, registrants are given a Bt1,000 coupon to spend. Though the project is seen as a populist policy, there are many sectors that will benefit from the campaign, with IT experts seeing this as a first step towards turning Thailand into a cashless society.

Thais among the biggest fans of cashless society, poll finds

THURSDAY, DECEMBER 06, 2018

THAI consumers say they are among the most ready in the world to embrace a cash-free future, whereas in Japan and other markets surveyed, consumers are taking more of a wait-and-see approach, even while recognising the appeal of select solutions.

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