E-payments set new record in July

Thai e-payment transactions in July hit a new record of 4.57 billion with a combined value of 10.6 trillion baht, according to the Digital Economy and Society (DES) Ministry.

The uptick underscores the country’s acceleration towards a digital and cashless economy, said the ministry.

Transactions rose 12.2% year-on-year and 2.59% from the previous month, marking the second consecutive month of growth and a new record high.

July transactions exceeded the 12-month average of 4.23 billion, while for the first seven months of 2026, Thailand recorded a cumulative 30 billion e-payments, up 10.5% from 27.2 billion year-on-year.

The average monthly volume for the year increased to 4.29 billion transactions, up from 3.88 billion year-on-year, said deputy DES minister Nan Boonthida Somchai, adding low-value interbank transfers are propelling digital payments.

In related news, the Anti-Online Scam Operation Centre reported an average of 839 cases were reported daily in July, involving average losses of 31.1 million baht per day. The daily number of reported cases fell 16.5% year-on-year.

The number of daily complaints for the month was significantly lower than the 12-month average of 1,010 cases, suggesting the situation has improved from earlier in the year, she said.

However, continued vigilance and stronger preventive measures remain necessary as online threats continue to evolve, said Ms Nan.

The ministry regards building public trust as equally important to driving e-payment growth, she noted.

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