Is UPI payment available in Thailand?

17 Jan 2024 By PAYCEC

As of now, UPI (Unified Payments Interface), the real-time payment system born out of India's digital financial landscape, has extended its reach to the vibrant land of Thailand.

Developed by the National Payments Corporation of India (NPCI), UPI has become synonymous with instant, hassle-free fund transfers through mobile devices, liberating users from the constraints of traditional, time-consuming payment methods.

During pivotal moments like demonetization and the height of the COVID-19 pandemic, UPI offered a contactless lifeline when the world craved efficiency and safety in transactions.

The ease and convenience of Thailand's UPI payments, facilitated by popular apps like GPay, PhonePe, and PayTM, quickly made it the preferred mode of transaction for millions.

The news of UPI's approval is especially welcome for ardent tourists and adventure seekers going to Thailand. By facilitating QR and UPI in Thailand, Liquid Group, in conjunction with NIPL, has ushered in a new age.

Now, visitors can revel in the richness of Thai experiences, from sightseeing to partying, island hopping, gastronomic adventures, and retail therapy, without the burden of carrying cash.

The recent progress, discussed during the 13th meeting of the India-Thailand Joint Trade Committee, reveals a collaborative effort to integrate UPI Thailand with Prompt Pay Service.

This visionary step aims to streamline financial transactions and settle trade dealings in local currencies.

The meeting, co-chaired by Auramon Supthaweethum of the Department of Trade Negotiations, Thailand, and Indu C Nair, Joint Secretary in the Department of Commerce, India, exemplifies the shared commitment to fostering economic ties between the two nations.

As the digital realm continues to bridge geographical boundaries, UPI payment in Thailand is a testament to the evolving nature of global financial landscapes.