Most common payment methods in Thailand

1) thai bank app to pay with qr code or transfer money part of the app. Most everyone takes it. From street stalls, to any business. Basically 100% of the time.

2) cash but smaller denominations as some places do not have change.

I have not used credit cards in many years

Hey Walnutcharles,

Thanks for replying 😉

I remember some time back seeing info about the process to get the Thai bank app.  I seem to remember it required having a Thai bank account, and I remember thinking that sounded too complicated for anyone not yet certain they were there long term.

Is that still the case?  I expect to be there on a 90 day visa, likely to extend it beyond that, but probably not much longer until I have checked a couple of other countries on my prospect list.

My past business visits (Bangkok only) and 1 vacation (Bangkok, Chiang Mai, Phuket) were all long enough ago that my "credit card and small amounts of cash from ATMs" memory is probably not reliable.

@Intl guy jim

Alipay mobil apps.

TAGTHAi App on your smartphone.

Activate via KBank: Stop by a KBank Foreign Exchange (FX) Booth in Thailand with your passport to register and activate Easy Pay.Top Up: Add funds using your foreign currency or linked payment method to use the e-wallet for scanning local QR codes.

We put 30.000 Thb into one of my wife account, and 5.000 Thb cash every month.

That way she pay all our "normal" bills via mobil apps.

And the rest is for scan and pay for what we use that month.

We all ways need cast here and there, And sometime the scan and pay system dont work, Or the shop / restaurant have problem with the system.

We both have  multi 100 - 20 and coins on us.

As there is still small vendor that dont have the scan and pay option, The coins is more for toilet visits when we out and around, as i often cost 5-7-10 Thb.

Outside of that the wife all ways have around  5.000 Thb of her own money on her, And i have around 10.000 Thb of my own money.

I want to be sure if we go out i have the money to pay for whatever if problem with scan and pay, bank card not working and so on.

Something to remember might be, That more and more place are starting to NOT take cash at all.

This is important to know before sitting down and order, Special if someone dont have a way to pay with scan and pay or credit card.

Kindly.

It's interesting to see how QR-based payments have become the norm in Thailand. We work with crypto wallet-to-wallet transactions every day, so it's encouraging to see more markets embracing digital payments. Making cross-border and visitor payments simpler still seems like one of the biggest opportunities going forward.

Tuvache,

Interesting to see you're recommending crypto.  I have stayed away, as it seems there are too many scams, but a few years ago in an airport lounge I got into a long discussion with someone pushing them, and suggested to him one legitimate place where it could seriously benefit people.  No idea if he or others ever pursued.

Over 30 years in international business: recruiting, training, managing foreign distributors for US based manufacturers.  One consistent headache was cross national/currency payments and security for both parties to get their dues (foreign customer confirmed to receive products paid, US company ensured payment for product shipped.)

Letters of credit, credit cards, etc. all had pros and cons.

Crypto sounds like a way to protect both sides of the transaction, if structured properly.  Do you know if that has been developed?