Skip navigation links
Home
Monetary Policy
Financial Institutions
Financial Markets
Payment Systems
Statistics
Payment Systems
Skip Navigation Links
The role of Bank of Thailand in Payment SystemsExpand The role of Bank of Thailand in Payment Systems
Payment Systems Committee (PSC)
Payment System ServicesExpand Payment System Services
Oversight of e-Payment Service ProvidersExpand Oversight of e-Payment Service Providers
Payment Systems Statistics
PublicationsExpand Publications
About Payment SystemsExpand About Payment Systems
Payment Systems Notification & Circulars

Payment Systems > The role of Bank of Thailand in Payment Systems > Payment Systems Policy
Service Manager  TOSCHANOK (66(0)2356-7744)   NUTTAWUT (66(0)2283-6415)   
  Payment Systems Policy 
 

   

 
Payment Systems Policy
To promote the safe, efficient and smooth operation is the vital objective in payments system policy of the Bank of Thailand, which supports the high level of trade and financial transactions.


Strategic objectives

Seven Strategic Objectives were formulated to achieve this Roadmap’s vision.  Details of these objectives are:

  1. Extend the usage of electronic payment services by all user groups.
    • Establishing guidelines to deal with electronic payment barriers.
    • Establishing guidelines to promote extensive use of electronic payment services.
    • Establishing guidelines to ensure equitable payment services for both users in the central and regional sectors.
  2. Establish measures to reduce cash usage
    • Establishing guidelines to reduce cash usage in business sectors with high volumes of cash payment.
    •  Establishing guidelines to promote electronic payment to be an alternative to cash payment
  3. Establish fair and appropriate service fees structure and promote electronic payment services.
    • Establishing guidelines for payment service fees which reflect relevant costs.
    • Establishing guidelines for fair service fees and equitable treatment of all payment users.
    • Establishing service fees structure that encourages competitiveness among services providers and promotes electronic payment service usage.
  4. Concrete implementation of supporting laws for electronic payment systems.
    •  Acceptance of electronic documents as evidence in legal proceedings and business transactions.
  5. Establish standards and guidelines for the observance of applicable laws to reduce payment providers’ operation costs
    • Establishing common guidelines and standards for payment service providers.
  6. Develop payment systems  which promote international trade and investment between Thai and  its neighbouring countries. 
  7. Establish oversight to ensure safe, sound, and efficient, payment systems that comply with international standards and promote public confidence in the financial systems and financial institutions systems.
    • Establishing guidelines to improve efficiency of payment systems oversight to fit with ongoing changing environment.


 


Best viewed with IE 6.0 or higher at 1024 x768 screen resolution.