The State of the Art and Trend of Cashless Society in Thailand

Authors

  • Srirath Gohwong Kasetsart University, Thailand

Keywords:

Cashless Society, Cryptocurrency, Thailand

Abstract

This article focused on the investigation of the state of the art and trend of cashless society in Thailand. The findings stated that e-Money, though no data of PromptPay due to its application in 2017, was the most popular e-payment with 33.58%, followed by Inhouse Funds Transfer (ATM and Internet/Mobile/Telephone) with 28.98%, payment cards like Debit card and Credit card (with 16.15%), and BAHTNET with 0.12%. In addition, according to survey in 2017 by Siam Blockchain, 7.1% of 2,055 respondents started using cryptocurrency for buying goods in their daily lives. In conclusion, Thai Baht still has its intrinsic values because of strong trust of Thais on its values.

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Published

2020-01-05

How to Cite

Gohwong, S. (2020). The State of the Art and Trend of Cashless Society in Thailand. Asian Political Science Review, 1(2), 65–72. Retrieved from https://so01.tci-thaijo.org/index.php/APSR/article/view/234051

Issue

Vol. 1 No. 2 (2017): Asian Political Science Review

Section

Articles