Expansion of Payment Connectivity between Thailand and China
Under the guidance of the Bank of Thailand, Ant International, a leading global digital payment provider, and National ITMX will partner to enhance payments connectivity via PromptPay.
This partnership will enable Thai merchants to accept payments from Chinese consumers, with Krungthai Bank serving as the settlement bank for this cross-border QR partnership.
- Chinese travelers to Thailand will be able to use Alipay, an Alipay+ e-wallet partner, to make QR payments at local merchants by scanning the PromptPay QR.
No official launch date has been announced yet.
Author's summary: Thailand and China expand payment connectivity via PromptPay.
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