PromptPay Dominates Thai E-Commerce Payments as Credit Card Usage Declines
Prachachat
Key summary
A new report by Xendit and Cube reveals that PromptPay accounts for 44% of Thailand's e-commerce transaction value, while digital wallets grew 207% between January 2025 and April 2026. Conversely, credit card payments in Thailand dropped 33% during the same period. The study, based on surveys of 6,000 consumers and 25 executives across six Southeast Asian countries (including 1,000 Thai consumers), also highlights rising concerns over security and fraud among Thai e-commerce operators.
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Source report
Prachachat
Read original ↗https://www.prachachat.net/finance/news-2085759