A Step-by-Step Guide to Accepting Crypto Payments in Thailand (2025)
July 18, 2025
Thinking about offering crypto payments in Thailand at your business this year? You’re not alone. Across the country—especially in tourist-heavy zones—more Thai businesses are exploring ways to let customers pay with digital currencies like Bitcoin, Ethereum, or USDT.
But how exactly do you get started? What’s legal? And what are others doing already?
This guide walks you through the process in plain English—no jargon, no hype. Just the practical steps and context you need to know in 2025.
Step 1: Understand Why Crypto Payments Are Gaining Ground
Before diving in, it helps to understand why businesses are looking into crypto payments.
In places like Chiang Mai, Phuket, and Bangkok, shops and services catering to digital nomads or international tourists are seeing growing interest in crypto. Some users hold stablecoins instead of cash. Others travel with wallets full of ETH or BTC and prefer not to convert to fiat.
For Thai business owners, it’s not always about “believing in blockchain.” It’s about giving customers another convenient way to pay—especially customers who spend more freely with crypto.
Step 2: Know What You Can (and Can’t) Do Legally
Is it legal to accept crypto as a payment method in Thailand?
Short answer: yes—but with conditions.
As of 2025, the Thai SEC and Revenue Department allow businesses to accept crypto payments, but they must:
- Convert the crypto value into Thai baht for accounting
- Report transactions properly
- List product or service prices in THB only
- Avoid promoting tokens as investment products unless licensed
So while you can accept crypto, you’ll still be operating within the Thai baht pricing system. It’s legal to use crypto as a payment medium, not a currency replacement.
Credit from : Central Bank
Step 3: Choose How You’ll Accept Payments
There are two common methods for Thai businesses to start accepting crypto:
1. Wallet-to-Wallet (Manual Method)
This is the simplest option. You create a business crypto wallet—say via Trust Wallet or MetaMask—and display your QR code at the counter. Customers scan it and send payment. You verify receipt before delivering the product or service.
Pros:
- Free
- Fast to set up
Cons:
- Requires manual verification
- Prone to user error
2. Crypto POS Systems (Automated)
Several fintech services now offer crypto-friendly POS setups tailored for small businesses. These systems can instantly convert crypto to baht and simplify transaction records.
Examples may include local startups or global services like Binance Pay (where available), XPOS by Pundi X, or other platforms compliant with Thai regulations.
Pros:
- Easier for accounting
- Less risk of volatility
Cons:
- May have service fees
- Some setups require verification or licensing
Step 4: Train Staff and Set Clear Terms
If you’re adding crypto as a payment option, don’t forget the basics:
- Train your staff to handle transactions (e.g., verifying wallet confirmations)
- Clearly display what coins you accept (e.g., USDT, BTC)
- Set refund policies, especially since crypto is non-reversible
- Make sure your payment process is smooth and quick
Step 5: Promote Your Crypto-Friendly Status
Crypto users actively look for places to spend their coins. You can:
- List your business on directories like CoinMap
- Mention crypto acceptance on your website or socials
- Join local crypto communities to gain exposure
Even if only a small number of customers pay with crypto, some spend more per visit—and others may come just because you accept it.
Crypto Payments Thailand: What Other Thai Businesses Are Doing
From boutique hotels in Phuket to coworking spaces in Chiang Mai, more small businesses are adding crypto options—often quietly.
A Bangkok café owner shared:
“It’s not a lot—maybe a few customers per week—but it adds up. And they usually spend more.”
While crypto payments still make up a tiny fraction of transactions, that fraction is slowly growing. Some businesses try it out for a month and drop it. Others stick with it for the long game.
Final Thoughts: Should You Accept Crypto in Thailand?
The answer depends on your market. If you cater to international guests, digital nomads, or tech-savvy locals, offering crypto could be a worthwhile edge. It doesn’t need to replace traditional payments—but it’s a way to modernize and stand out.
Just be sure you understand the rules, track your earnings, and choose the method that makes sense for your business.
Crypto payments in Thailand are no longer a techie novelty—they’re becoming a functional part of how modern businesses operate. Maybe it’s time to see what it can do for yours.
