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PromptPay to enter B2B payments

Friday 10 February 2017 11:43 CET | News

Thailand peer-to-peer payments tool PromptPay, a part of the nation’s efforts to push electronic payments, will soon step into the world of B2B payments.

The solution, which has so far focused on the P2P electronic funds transfer space, will soon provide a way for companies to pay each other using its technology.

For one, the rollout of the B2B service may take longer than its consumer-focused operations because B2B payments require more documentation and data. Further, the central bank has not yet worked out the fee structure for B2B payments via PromptPay.


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Keywords: PromptPay, P2P, payments , B2B, Thailand
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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