The prepaid card and digital wallet market in Thailand is expected to grow by 15.8% on annual basis to reach US$ 18.64 billion in 2025. The prepaid card and digital wallet market in the country has experienced robust growth during 2020-2024, achieving a CAGR of 18.1%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 13.4% during 2025-2029. By the end of 2029, the prepaid card and digital wallet market is projected to expand from its 2024 value of US$ 16.09 billion to approximately US$ 30.87 billion.

Thailand's prepaid card market is on a trajectory of sustained expansion, fueled by government-led digital payment initiatives, evolving consumer behavior, and technological advancements. The increasing integration of prepaid cards with digital wallets and their growing corporate use for expense management are pivotal trends shaping the industry's future.

In the coming years, continued financial innovation and regulatory support are expected to foster Thailand's more advanced and digitally inclusive prepaid card ecosystem. This evolution will contribute to greater financial accessibility, improved business operations, and a more seamless digital payment landscape.