Interbank online retail funds transfer value Thailand in 2023, by type

Published by Kankanit Ciba, Oct 16, 2024

In 2023, the value of payment transactions processed through interbank online retail funds transfer (ORFT) via internet or mobile phone in Thailand reached around 46 trillion Thai baht, making it the leading payment type in that year. The value of ORFT via ATM ranked second, with approximately 190 billion Thai baht.

Value of payment transactions processed through interbank online retail funds transfer in Thailand in 2023, by type (in trillion Thai baht)

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Release date

September 2024

Region

Thailand

Survey time period

2023

Supplementary notes

Figures have been rounded.

One Thai baht is equal to 0.030 U.S. dollars and 0.027 euros as of October 2024.

The release date is the last update date.

Online Retail Funds Transfer (ORFT) is part of e-payments in Thailand, in which interbank retail funds transfer can be performed through an interbank network.

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