PromptPay

Type: Digital Payment System

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About PromptPay

Founded	2016
Headquarters	Bangkok, Thailand
Market share	PromptPay has gained significant adoption in Thailand, competing with other digital payment solutions.
Major competitors	TrueMoney LINE Pay Alipay WeChat Pay
Notable partnerships	Major Thai banks including Bangkok Bank, Siam Commercial Bank, and Krung Thai Bank. E-commerce platforms like Lazada and Shopee. Government initiatives for digital payments in public services.
Recent developments	Expansion of services to include international remittances. Partnerships with e-commerce platforms for integrated payment solutions. Enhancements in security features to protect user transactions.
Regulations	PromptPay operates under the supervision of the Bank of Thailand, adhering to local financial regulations.
Official website	https://www.promptpay.com