Thailand recorded 9.7 billion real-time electronic payment transactions last year, putting it in the third position globally after India (48.6 billion times) and China (18.5 billion times).
E-payments surge during lockdown bodes well for shift to digital transactions
MONDAY, MAY 11, 2020
With the surge in the use of electronic payment facilities during the ongoing enhanced community quarantine period, the central bank is confident of meeting its goal of having 50 percent of payment transactions shift from cash or checks to digital payments by 2023.
VN banks handle $896.2 bn through e-payments in Q1
MONDAY, MAY 27, 2019
Vietnam’s interbank e-payment system handled 37 million transactions worth nearly 21 quadrillion dong ($896.2 billion, Bt28.5 trillion) in the first quarter of the year, up 23 per cent and 17.8 per cent respectively over last year, according to the State Bank of Vietnam (SBV).
About 7,000 state agencies nationwide are expected to use e-Payment through electronic data capture (EDC), instead of checques and cash, for financial transactions this June in order to lessen opportunities for corruption and increase safety, according to the Comptroller’s General Department (CGD).
UnionPay International (UPI) will unveil its low-cost and easy-to-implement e-payment technology at the Bangkok FinTech Fair taking place today and tomorrow (March 19-20).