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.
PromptBiz is scheduled to be gradually implemented in the fourth quarter of this year, which will pave the way for small and medium-sized enterprises (SMEs) to better access the digital payment platform as well as financial sources, Ronadol Numnonda, deputy governor for financial institutions stability at the Bank of Thailand, said yesterday.
The development will also open up more opportunities for…