AMA - ZING SIAMESE EP01'Cashless Society'

Thailand is moving fast in this digitalization era. With the major role of government initiative - PromptPay, a system that makes it easy to send payments to registered individuals and businesses using only their mobile phone number or national I.D. number.
Plus, the consumers’ preference for e-payment resulted to citizen's confidence on contactless payment. The advancement of digital technologies in Thailand such as wireless high-speed internet or 4G and 5G mobile internet also creates such a tremendous "cashless society" nationwide.
The government has steadily supported and promoted a cashless society since 2015 under the National e-Payment Master Plan through four main projects: 1) Any ID payment; 2) expansion of the use of electronic cards; 3) development of the e-tax invoice system; and 4) government e-payment. This is considered a new dimension of the Thai financial industry and is likely to promote inclusive and sustainable growth in the digital economy of the future.