When can I send money to Thailand with Peanut?

Peanut is actively working on the Thailand PromptPay integration. A confirmed launch date has not been announced yet. Sign up now to get notified the moment it goes live — you will be among the first to access it.

What payment methods will be supported in Thailand?

Peanut is integrating with PromptPay, Thailand's national real-time payment system with over 90 million registrations and 74 million daily transactions. Recipients will be able to scan PromptPay QR codes at merchants, send P2P payments, and pay online. Bank withdrawals to Thai accounts will also be available.

How do I get early access?

Sign up for a Peanut account today. You can already deposit digital dollars and hold a balance. When the PromptPay integration launches in Thailand, you will be notified and can start spending immediately.

Will I need a Thai bank account or long-term visa?

No. Peanut will not require a Thai bank account, long-term visa, or Thai ID number. You verify with any passport or national ID card from any country. This is a major advantage for tourists and digital nomads who currently cannot access PromptPay without a Thai bank account.

How much will it cost to send money to Thailand?

Peanut charges no fees on deposits, transfers, or spending. The exchange rate model for THB is being finalized, but the approach is the same: digital dollars convert directly to local currency at the market rate, without hidden charges. Compare that to Wise (0.4-1.5% fee), credit cards (3-4% foreign transaction fee), or currency exchange booths (variable rates with markups).

Can I already deposit and hold funds for when Thailand launches?

Yes. Create a Peanut account today, deposit digital dollars on any supported network, and hold a balance. When PromptPay spending goes live, you will be ready to pay at any QR-enabled merchant across Thailand.

Can digital nomads in Thailand use Peanut?

Yes. Bangkok, Chiang Mai, and Koh Lanta are among the world's top digital nomad destinations. Many nomads struggle with PromptPay access because it requires a Thai bank account tied to a long-term visa. Peanut will remove that barrier — verify with your passport and pay via PromptPay at any merchant, from your first day.

Send Money to Thailand with Peanut — Coming Soon

Peanut is expanding to Thailand. Soon you'll send money and have recipients spend locally via PromptPay — no fees, no Thai bank account needed.

Send Money to Thailand with Peanut — Coming Soon

Peanut is expanding to Thailand. Soon you will be able to send money to anyone in Thailand and have them spend locally using PromptPay, the country's ubiquitous QR payment system with over 90 million registrations and 74 million daily transactions. The recipient will not need a Thai bank account or long-term visa to receive and spend money through Peanut. Just a passport and the Peanut app.

Thailand is one of the world's top destinations for tourists and digital nomads. Bangkok, Chiang Mai, and Koh Lanta attract millions of visitors each year. PromptPay QR codes are posted at virtually every merchant — from 7-Eleven to street food stalls to luxury malls. But accessing PromptPay requires a Thai bank account, which requires a long-term visa. Tourists on 30 or 60-day exemptions are locked out of the cashless payment system everyone else uses. Peanut will change that.

Why Peanut Will Be the Best Way to Send Money to Thailand

No Fees

Peanut charges nothing on deposits, transfers, or spending. Whether you fund your account via ACH from a US bank, SEPA from a European bank, or digital dollars from an exchange, the deposit is free. Sending to the recipient is free. Spending in Thailand via PromptPay will be free. Compare that to the alternatives:

Wise: 0.4-1.5% in additional charges on every transfer
PayPal: 3-4% cross-border fee, plus an unfavorable exchange rate markup
Western Union: $5-$15+ flat fee per transfer, plus a rate markup built into the rate

For tourists spending $2,000-$5,000 over a month-long trip, traditional payment methods cost an extra $60-$200 in fees and poor exchange rates.

Better Exchange Rate

Peanut's exchange rate model converts digital dollars directly to the local currency at the market rate, bypassing the markups that traditional providers embed. While the exact rate mechanism for THB is being finalized, the approach eliminates the 0.5-2% exchange rate markup that services like Wise and credit cards add on top.

The Thai baht operates under a managed float by the Bank of Thailand. Currency exchange booths in tourist areas offer competitive rates, but they vary widely — and carrying large amounts of cash comes with its own risks. Peanut's model will deliver a consistent, transparent rate directly through the app.

Instant Local Spending via PromptPay

Once Peanut launches in Thailand, recipients will be able to pay instantly by scanning PromptPay QR codes. PromptPay is everywhere in Thailand:

Street food carts and market stalls — printed QR codes at every vendor
Convenience stores: 7-Eleven, FamilyMart
Supermarkets, malls, and department stores
Restaurants, cafes, and bars
Taxis and tuk-tuks
Online merchants and delivery services

PromptPay is operated by the Bank of Thailand and National ITMX. It uses a unified QR standard — any banking app can pay any PromptPay QR. Payments settle instantly, 24/7/365, at zero cost for consumers.

No Thai Bank Account Needed

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Peanut will not require a Thai bank account or long-term visa. Verify with any passport and start spending via PromptPay — no Thai ID needed.

PromptPay normally requires a Thai bank account, which in turn requires a long-term visa — a work permit, retirement visa, education visa, or Thailand Elite visa. Tourists on 30 or 60-day visa exemptions cannot open bank accounts or register for PromptPay. This means they are stuck paying with cash or credit cards that charge 3-4% in foreign transaction fees.

Peanut will bypass this entirely. Recipients and travelers verify with any passport or national ID card. No Thai bank account, no long-term visa, no Thai ID number needed. Digital nomads in Bangkok and Chiang Mai who have been waiting months for bank account access can start paying like a local from day one.

How It Will Work

1
Sign up and verify your identity
Create a Peanut account and complete identity verification. Submit a photo of your passport or national ID card plus a selfie — the process takes under 2 minutes for most users. No Thai bank account or visa required.
2
Deposit funds
Fund your account using the method that fits your location. US users deposit via ACH (free, 1-3 business days) or digital dollars. European users deposit via SEPA (free, 90% under 20 minutes). Australian users send digital dollars from a local exchange. Anyone can send USDC, USDT, or DAI on Solana, Arbitrum, Base, Tron, Avalanche, Polygon, or Ethereum — all deposits are free and arrive in minutes.
3
Send to the recipient (or spend yourself)
If sending to someone in Thailand, the recipient creates their own Peanut account and verifies with a passport. Send them money directly — Peanut-to-Peanut transfers arrive instantly. If you are the one traveling to Thailand, spend directly from your own account.
4
Spend locally via PromptPay
Open the Peanut app, scan a PromptPay QR code at any merchant, review the payment in THB, and confirm. The merchant receives baht instantly. The merchant sees a normal PromptPay payment — they have no idea Peanut is involved.

What the Recipient Will Be Able to Do

PromptPay QR Payments

PromptPay is Thailand's national real-time payment system, operated by the Bank of Thailand and National ITMX. When Peanut integrates with PromptPay, recipients will be able to:

Scan QR codes at any merchant — PromptPay QR codes are posted at virtually every point of sale in Thailand, from street food stalls to shopping malls
Send P2P payments — transfer money to anyone using their phone number or national ID number linked to PromptPay
Pay online — select PromptPay at checkout for online purchases and delivery services

PromptPay has over 90 million registrations in a country of 72 million people — a penetration rate that exceeds 100% due to multiple registrations. With 74 million daily transactions, it is one of the most actively used payment systems in Southeast Asia. The unified QR standard means any banking app can scan any PromptPay QR.

Thailand's government has heavily promoted PromptPay adoption, including distributing welfare payments through the system. The result is near-universal merchant acceptance that extends far beyond major retailers to the smallest street vendors.

Cross-Border QR Potential

PromptPay has cross-border QR interoperability with 8+ countries including Singapore (PayNow), Japan, Indonesia (QRIS), Malaysia (DuitNow), Vietnam, Cambodia, Hong Kong, and Laos. As Peanut expands across Southeast Asia, the network effects will multiply.

Bank Withdrawal

Recipients will also be able to withdraw their Peanut balance to a local Thai bank account for rent, bills, and other expenses.

Digital Dollar Withdrawal

Recipients who prefer to hold digital dollars can withdraw USDC, USDT, or DAI to any external wallet on supported networks. This is available today — even before the Thailand spending integration launches.

Get Notified

Key Corridors

Send Money from the United States to Thailand

The US has a growing Thai diaspora and a steady flow of tourists to Bangkok, Chiang Mai, and the Thai islands. US-based senders will deposit via ACH (free, 1-3 business days) or digital dollars (free, arrives in minutes). The recipient in Thailand will spend immediately via PromptPay QR. Tourists can pre-load their account before the trip and pay like a local from the moment they land.

Send Money from the United Kingdom to Thailand

The UK has strong travel ties to Thailand, with Bangkok, Phuket, and Koh Samui among the most popular British vacation destinations. UK-based senders deposit via SEPA (EUR) or digital dollars. When UK Faster Payments integration goes live, GBP deposits will be even faster. The recipient spends via PromptPay instantly.

Send Money from Australia to Thailand

Australia has one of the strongest travel corridors to Thailand in the Asia-Pacific region. Australian senders will deposit via digital dollars from a local exchange. The recipient pays via PromptPay at any QR-enabled merchant.

Deposit and Withdrawal — Available Today

While spending in Thailand via PromptPay is coming soon, deposit and withdrawal functionality is already live. Users in Thailand can:

Deposit via digital dollars (USDC, USDT, or DAI) on any supported network
Withdraw to any external wallet or hold a digital dollar balance
Send and receive between Peanut accounts instantly

Create your account now, fund it, and hold a digital dollar balance. When PromptPay spending launches, you will be ready to scan QR codes from day one.