PromptPay

business June 23, 2017

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PromptPay is a new method of transferring and receiving funds based on conventional Internet banking, Mobile banking or ATM services that is convenient, secure and economical.

Convenient

  • Register for PromptPay, then start transferring and receiving funds
  • You just need your Citizen’s ID No. or your mobile phone No.

 

Secure

  • International security standard
  • Same standards of bank customer care, whichever service is used
  • Continuous monitoring by the Bank of Thailand

 

 Economical

  • Most economical fees for fund transfers
  • Transfers less than 5,000 Baht free, with no conditions
  • No limit on the number of transfers

 

Amount               Fee

Not over 5,000 Baht / transaction             Free, every transaction

5,000 – 30,000 Baht         Not exceeding 2 Baht / transaction

30,000 – 100,000 Baht     Not exceeding 5 Baht / transaction

Over 100,000 Baht           Not exceeding 10 Baht / transaction

 

Get more information at www.epayment.go.th

 

Questions and answers about PromptPay

 

Q: Will my personal information be released?

A: Personal information is never released.

The PromptPay system uses international standards of security and the law prevents service providers from releasing personal information. Service providers are monitored continuously by the Bank of Thailand.

 

Q: If I lose my mobile phone or my Citizen’s ID Card, can other people transfer money out of my account?

A: No.

  • For Mobile Banking and Internet Banking, a username and password are required to transfer funds.
  • For ATM transfers, an ATM card and ATM code are required.
  • To transfer funds from a bank branch, a signature is required.

* Whatever method is used, neither your Citizen’s ID Card No. nor your mobile phone No. can be used to access funds.

 

How to use PromptPay

Check the correct spelling of the name of the recipient and the monetary amount before confirming the transfer. Always keep your registration information up to date.

Keep a record of every transaction

Understand details of the service before transferring funds. Get additional information about the PromptPay service at www.epayment.go.th or at your bank’s Website or Call Center.