The future trends of E-Payment systems
Following the ‘National e-Payment Master Plan’ which started in 2017 and the growth of e-commerce, the government and the private sector has encouraged the use of e-payments, including PromptPay, Electronic Data Capture (EDC) machine and Quick Response (QR Code). While large banks are updating their mobile applications to enable e-payments, non-banks are also heavily promoting their services to draw in more e-Wallet users, especially telecom operators who can communicate directly and easily with their customers using their own wallet, via their own telephone network.
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