The number of debit cards in circulation in Thailand is set to continue to decline in 2024, due to the widespread adoption of digital banking. Traditionally, debit cards were primarily used for cash withdrawals, with in-store and online purchases accounting for only a small fraction of transactions. However, many banks now offer cardless cash withdrawals through mobile banking apps, allowing customers to access cash at ATMs without the need for a physical debit card. This innovation has signific...
Euromonitor International's Debit Card Transactions in Thailand report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Debit Card Transactions, Personal Debit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Debit Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Debit Cards in Thailand
Euromonitor International
January 2025
List Of Contents And Tables
DEBIT CARDS IN THAILAND
KEY DATA FINDINGS
2024 DEVELOPMENTS
Shift towards cardless banking solutions
PromptPay and QR codes drive cashless transformation
Consumers favour credit cards for higher value purchases
PROSPECTS AND OPPORTUNITIES
Shift towards cashless society will drive decline in debit card usage
Introduction of cross-bank cardless withdrawals may further reduce reliance on physical debit cards