Real-time payments have been revolutionising how Thailand's businesses and citizens transact. Our latest video demonstrates the positive impact that PromptPay is having on this ambitious nation that clearly possesses a strong entrepreneurial spirit.Play video
Spread all around the world, and in many different life stages, are the underbanked and financially excluded.
These are the individuals and small and medium-sized enterprises (SMEs) that usually cannot count on the traditional financial industry to fulfill their financial needs and are forced to rely on informal networks.
Receiving and sending payments faster allows corporates to manage their cash flow better and improve payroll efficiency
With the reduced cost of new underlying real-time infrastructure, banks can now better serve the under-banked or SMEs
Upgrading to real-time can result in lower operating expenses due to efficiency gains and the reduction in the total cost of ownership
Driving a digital economy
See how PromptPay works
Find out how real-time payments are helping businesses across India
See how PromptPay is driving financial inclusion
Find out how PromptPay is empowering small business owners
Find out how real-time credit is helping farmers grow their businesses
In many emerging markets, a large part of the population lives below the poverty line and often survive hand to mouth.
In countries without mature payment infrastructure, there is often little transparency, especially when intermediaries and agents are involved. As an example, government payments in India would historically go from the State Governments to regional governments, then to towns, and finally to individuals. In many cases, each of the agents would take their cut of the transaction, leaving the recipient with much less than they would have expected.
The 2012 World Bank Development Report estimated that by digitising subsidy flows, the Indian government could save 1% of its gross domestic product annually, an amount equivalent to about $20 billion.