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Writer's pictureBangkok Post

PromptBiz targets SME digital payments



National ITMX Co (NITMX), a digital payment infrastructure system developer, has created PromptBiz, a digital payment infrastructure system for the business sector, as part of its upgrade of Thailand's digital payment systems.


The company operates PromptPay, a digital payment system for consumers. It is a fast payment system that instantly sends payments to a recipient's account.


Mr. Payong said that as of June this year, PromptPay had 70 million mobile phone numbers registered with it, up 22.1% year-on-year.


Money transfers via the channel total 38.7 million transactions daily, up 59.3% year-on-year. The transactions are worth 121 billion baht, up 37.6% year-on-year.


More people have made payments via a digital channel since the start of the Covid-19 pandemic. Last year the cash flow via NITMX was 39 trillion baht, 2.4 times higher than Thailand's GDP.




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