PM hopes US will keep its pledge of special tariff treatment for Thailand
Thai QR transactions by foreign visitors jump 143% year-on-year
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AI In-brief21 Sept 07:45
Thai QR transactions by foreign visitors jump 143% year-on-year
Thai QR, a domestically developed cross-border payment app, experienced a 143% year-on-year surge in transactions by foreign visitors, exceeding 809 million baht in December 2025.
Chinese tourists are the primary users, accounting for over 409 million baht in transactions, followed by visitors from Malaysia and Laos.
This growth solidifies Thailand's position as a digital payment hub in Asia, enhancing the ease of cross-border transactions for international travelers.
National ITMX (NITMX), the platform's developer, has expanded cooperation with major international partners including UnionPay International, Alipay (via Alipay+), and WeChat Pay.
AI In-briefYesterday 18:42
PM hopes US will keep its pledge of special tariff treatment for Thailand
Prime Minister Anutin Charnvirakul will remind President Trump at upcoming summits to honor the US pledge of special tariff treatment for Thailand, which was promised after Thailand fulfilled its commitment to a peace agreement with Cambodia.
Trade negotiations with the US are in the documentation scrutiny phase, indicating the Agreement on Reciprocal Trade (ART) terms are finalized in principle, though a formal agreement is still pending, and the tariff rate has returned to 19%.