Going Cashless: Thailand’s National e-Payment Master Plan & PromptPay
Over 14 million have registered for this service PromptPay. It is the first step of the national e-payment scheme that aims for the eventual cashless society. Yet with many recent issues from cybercriminals (Kasikorn Bank case) and the ATM hack on Government Saving Banks ATMs, many Thais are wary of e-cash and e-payment services.
Read >> Bangkok Post “Cashless society hits snag”
How will the Bank of Thailand press ahead for their reforms towards e-Payments? Come join the special country focus track session by Naphongthawat Phothikit who will share his insights as one of the core team for Thailand’s e-Payment Master Plan.
Naphongthawat Phothikit is a Division Executive, Payment Systems Policy Department of the Bank of Thailand, Thailand’s central bank. With more than 15 years’ experience in central banking, he is responsible for national payment systems policy formulation to ensure the efficiency and safety of Thailand’s payment systems, including development of infrastructure, promotion of electronic payment transactions and oversight of payment systems operators and payment service providers. Currently, his main responsibility involves with the National e-Payment Master Plan, Thailand’s comprehensive initiative to develop payment infrastructure and promote the use of electronic payments in Thailand.
For all professionals and businesses looking to expand payment services in Thailand, this is the track to tune in to. Naphongthawat will share his insights as a key implementation team for the e-Payment Master Plan.
Discussion & Takeaways:
Development in Thailand’s Payment Systems Landscape
National e-Payment Master Plan : Benefits & Challenges