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
Local Entity Type | Limited Company / Partnership, Ordinary Partnership, Non-Profit |
Foreign Entity Eligibility | |
Xendit Payment Links | ✅ |
Subscriptions | ✅ |
Custom Branding on Invoice | ✅ |
One-Time Payments | ✅ |
Recurring Payments | ✅ |
Auth / Capture | ✅ |
Refunds via API | ✅ |
Refunds via Dashboard | ✅ |
Refund Validity Period | ✅ |
Currencies accepted: THB