Picture courtesy of ชีวิตติดรีวิว
Thailand is set to transition to a cashless society more swiftly than its regional counterparts, driven by the nation’s rapid digital adoption and transformation, as per a Visa survey.
..
Thailand is set to transition to a cashless society more swiftly than its regional counterparts, driven by the nation’s rapid digital adoption and transformation, as per a Visa survey.
Visa, a global leader in digital payment services, recently conducted the Consumer Payment Attitude Study, which indicated that Thailand could become a cashless society by 2028. This forecast places Thailand ahead of the overall ASEAN region, predicted to reach this milestone after 2028.
According to the survey, 22% of Thai consumers anticipate a cashless society to materialise between 2026 and 2028, compared to 16% of consumers across ASEAN.
Thailand ranks third in the region for carrying less cash. The survey found that only 47% of the contents in each Thai respondent’s wallet are cash, trailing Vietnam (56%) and Malaysia (49%).
…