BANGKOK, Oct 11 (Businesshala) – Digital payments in Thailand have quadrupled from pre-pandemic levels, the central bank said on Monday, as the longest-running wave of infections in the Southeast Asian country accelerates demand for online services. Is.
Thailand’s latest outbreak began in April, accounting for more than 98% of its COVID-19 cases and deaths, prompting strict restrictions in July and August that reduced mobility.
The number of daily transactions made through the PromptPay platform currently averages 28 million, which is a “quite a huge jump” from pre-pandemic levels, Assistant Governor Siritida Panomawon na Ayudh told a news conference.
Average daily transactions stood at just 7 million in 2019 and increased to 14.5 million in 2020, data from the central bank showed.
As there are new financial services and investments during the pandemic, the financial sector in post-COVID-19 will change to more digital services and faster, Siritida said.