How Contactless Payments Are Helping Thailand Become a Cashless Society
In recent years, Thailand has emerged as one of the leading countries in Southeast Asia to embrace digital payments. While cash has long been the dominant mode of transaction in the country, the rapid adoption of contactless payments is steadily driving Thailand toward a more cashless society. This transition is not only reshaping the way Thais shop and pay for services but also transforming the broader financial landscape, creating new opportunities for businesses and consumers alike. Contactless payments , which allow consumers to make quick and secure transactions by simply tapping their cards or smartphones, have become a key enabler in this journey. The Rise of Contactless Payments in Thailand Thailand has witnessed a surge in the popularity of contactless payment methods in recent years, driven by several factors, including the increasing availability of smartphones, the government's push for digital transformation, and changing consumer behaviour. One of the key developmen...