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Thailand Cards and Payments Analysis Report 2022: KPIs for Credit Transfer, Cash, Mobile Wallets, Cards, Direct Debits, and Cheques – Opportunities and Risks to 2026 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Thailand Cards and Payments – Opportunities and Risks to 2026” report has been added to ResearchAndMarkets.com’s offering.

The report provides detailed analysis of market trends in the Thai cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfer, cash, mobile wallets, cards, direct debits, and cheques during the review-period (2018-22e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2022e-26f). It also offers information on the country’s competitive landscape, including market shares of issuers and schemes.

The report brings together the publisher’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

The report provides top-level market analysis, information and insights into the Thai cards and payments industry, including:

  • Current and forecast values for each market in the Thai cards and payments industry, including debit, credit, and charge cards
  • Detailed insights into payment instruments including credit transfer, cash, mobile wallets, cards, direct debits, and cheques . It also, includes an overview of the country’s key alternative payment instruments.
  • Ecommerce market analysis.
  • Analysis of various market drivers and regulations governing the Thai cards and payments industry.
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape of the Thai cards and payments industry.

Scope

  • The central bank is taking steps to promote digital payments in the country. It launched Payment Systems Roadmap No.4 (2022-2024), which is a continuation of the previous Payment Systems Roadmap and the National e-Payment Master Plan. The new plan aims to further develop digital payments between 2022 and 2024. Key areas emphasized by the roadmap include creating an interoperable payment infrastructure, developing a biometric standard for authentication of identities, developing a cross-border payment and fund transfer service, and promoting widespread usage of digital payments.
  • The growing adoption of contactless card payments for transport services will support growth in the card payment space. For example, in February 2022, Mastercard partnered with the country’s Ministry of Transport, the Mass Rapid Transit Authority of Thailand, and Krungthai Bank to launch contactless payments for the Metropolitan Rapid Transit system, enabling consumers to buy tickets for public bus journeys using contactless Mastercard cards.
  • Food and drink is the leading category for online payments by transaction value, highlighting the high level of comfort Thai consumers have buying everyday essentials online. This has helped drive the introduction of food ordering and delivery apps within the country. For example, in February 2022, the Digital Economy Promotion Agency partnered with delivery company Foodordery to launch food delivery platform eatsHUB. Meanwhile, in April 2022, online food market Apricot launched the Quick Commerce grocery app, enabling customers to order items to be delivered within 15 minutes.

Key Topics Covered:

  • Market Overview
  • Payment Instruments
  • Card-Based Payments
  • Ecommerce Payments
  • In-Store Payments
  • Buy Now Pay Later
  • Mobile Payments
  • P2P Payments
  • Bill Payments
  • Alternative Payments
  • Payment Innovations
  • Job Analysis
  • Payment Infrastructure and Regulation
  • Appendix

Companies Mentioned

  • Krungsri Bank
  • Kbank
  • Aeon Credit Service
  • SCB
  • Krungthai Bank
  • Bangkok Bank
  • Citibank
  • UOB
  • TMB Bank
  • American Express
  • JCB
  • TPN
  • Visa
  • Mastercard.

For more information about this report visit https://www.researchandmarkets.com/r/5gxfrd

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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