PromptPay
From Wikipedia, the free encyclopedia
Thai QR Payment or PromptPay (พร้อมเพย์) is a real-time finance and transaction infrastructural service that needs codes rather than bank numbers for example, Phone Numbers, ID Numbers, other official numbers and e-Wallet ID.[1] It is owned by National ITMX ltd and Bank of Thailand[2] and developed by Vocalink, a group by Mastercard[3]
| |
| PromptPay | |
| Formerly | ATM Pool ltd |
Company type | Private |
| Industry | Finance and Payment QR code payment |
| Headquarters | 5/13 Moo 3 Klong Khua Subdistrict Pa Kret District Nonthaburi Thailand 11120 |
Area served | Thailand (officially) ASEAN Nations (unofficial support) |
| Website | www |
History
PromptPay (originally AnyID[4]) is one of the National e-Payment projects and policies by Thailand, to regulate and standardize electronic payments to follow the technologies with internet and smartphones that is expanding and bringing technology into Finance and Commerce. By 22 December 2015, The First Prayut cabinet have approved the project as a national infastructure[5]
Services
PromptPay's Services have included[6]
- Encrypted Transactions and Payment between Two Individuals (C2C)
- Government Infrastructure Payment
- Tax Returns
- Individual PromptPay
- e-Wallet
- Thai QR Payment
- Pay Alert
- e-Donation
- Cross Border QR Payment
Events
On 10 January 2017, Ministry of Commerce launched the individual Tax Return payment service via PromptPay
On 24 January 2017, PromptPay begin the service as a standard QR payment through bank apps.[7]
On 1 May 2020, Ministry of Commerce launched the businesses’ Tax Return payment service via PromptPay