Korn Chatikavanij: More Trust in Digital Payments Will Boost Ecommerce

The biggest obstacle for faster ecommerce growth in Thailand is the lack of trust in digital payments, yet PromptPay, the government’s new service for faster and cheaper electronic money transfers and payments, may turn the tide, believes the former finance minister Khun Korn Chatikavanij.

“One of the biggest obstacles of ecommerce in Thailand has been psychological. People don’t trust [digital payments],” told Khun Korn Chatikavanij in an exclusive interview with ecommerceIQ, Southeast Asia’s newest research portal dedicated to ecommerce.

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