The annual value of card transactions in the Thailand cards and payments market is estimated to be USD $62.5 billion in 2023 and will grow at a CAGR of more than 7% during 2023-2027.
About 30% of Thai cards are credit cards, the rest are ATM and Debit cards.
Source: Bank of Thailand
Credit card volumes have reached over 1 Billion USD in 2024 in Thailand and are expected to grow to even further in 2025.
Features & Requirements
Channel Code | CARDS |
Display Name | Cards |
Currency | THB |
Country | TH |
Type | CARDS |
Min Amount | 1 |
Max Amount | 700,000.00 |
User Approval Flow | REDIRECT, SKIP |
Reusable Payment Code | - |
Save | ✓ |
Merchant Initiated Transaction | ✓ |
Auth & Capture | ✓ |
Partial Capture | ✓ |
Multiple Partial Capture | ✓ |
Desktop Support | WEB URL |
Mobile Support | MOBILE WEB URL |
Custom Payment Code | - |
Display Merchant Name | XENDIT, MERCHANT |
Display User Name | - |
Set Expiry | - |
Payment Request Expiry (hours) | 0.166 |
Payment Token Validity (years) | CARD EXPIRY |
Payment Processing Time (hours) | INSTANT |
Settlement Time | T+3 BUSINESS DAYS |
Installments | - |
Refund | ✓ |
Partial Refund | ✓ |
Multiple Partial Refund | ✓ |
Refund Validity (days) | 365 |
Payment Link | ✓ |
Fund Flow | AGGREGATOR, SWITCHER |