QR code payment from consumers to businesses via PromptPay has been rising, especially for the government’s co-payment scheme.
Despite decades of rapid change, 2020 somehow shifted the pace into overdrive, forcing businesses to change course overnight, workers to scramble to find a place in the new economy and leaders to carve out lucrative opportunities.
These trends of 2020 highlight not only the chaos, but the transformative nature of the year, jump-starting new courses for the novel decade.
CASHLESS LEAP
Thailand has been moving towards becoming a society that uses less cash as consumers use digitised networks and devices, with money transfer stimulus programmes and the pandemic accelerating cashless transactions.
Registration on PromptPay, the government-initiated money transfer platform under the…
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