National ITMX Co (NITMX), a digital payment infrastructure system developer, has created PromptBiz, a digital payment infrastructure system for the business sector, as part of its upgrade of Thailand's digital payment systems.
The company operates PromptPay, a digital payment system for consumers. It is a fast payment system that instantly sends payments to a recipient's account.
PromptBiz is scheduled to be gradually implemented in the fourth quarter of this year, which will pave the way for small and medium-sized enterprises (SMEs) to better access the digital payment platform as well as financial sources, Ronadol Numnonda, deputy governor for financial institutions stability at the Bank of Thailand, said yesterday.