7-Eleven Introduces Convenient PromptPay QR Code Payments Nationwide

[Bday Prang]

4 minutes ago, Seppius said:

"QR code scam is rapidly rising as it is the most common way scammers can trick users. The rise of QR code scams poses a significant threat in the expanding digital payment landscape. Scammers exploit the ease of QR code use, directing users to phishing sites and risking sensitive data theft"

 

https://www.livemint.com/money/personal-finance/qr-code-scams-how-to-identify-and-be-safe-from-such-tricks-11701766191058.html

Trusting and scanning one of those unintelligible QR codes is akin to signing a form written only in Thai when told to do so by a cop.  Who knows whet they have let themselves infor? 

[josephbloggs]

4 minutes ago, Bday Prang said:

Far much more enjoyable making a deposit 

Ha ha, very good.

[kimamey]

On 9/27/2024 at 11:10 AM, brianthainess said:

Cash is king. IMO

Not so good for property purchase, car rental, hotel booking, flight booking, car purchase and online purchasing. Fine for small transactions though. 

I did pay the balance of around 750,000 baht for a new Honda Jazz in 2012. That was so my sister in law could see what it looked like. 

[jwest10]

On 9/27/2024 at 12:34 PM, Mike Teavee said:

I am normally a cash guy but just back from a week on Koh Samet & found they’ve removed all (3) of the ATMs there so when I got down to my last few thousand THB I had to use my Banking Apps to pay the larger bills. 
 

Fortunately my 800K is in a fixed deposit account so doesn’t matter for extension purposes.   

Mike and others and yes do not have a mobile application but managed to pay cash on old bar codes from way back and yes the new system is working and they even send a thank you message and thought perhaps might have been a problem but went through very smoothly.

 

[Liverpool Lou]

On 9/27/2024 at 1:31 PM, jippytum said:

Good for you. The majority  however do not prepare pre payment and fumble for their 'phones when asked to pay

Good for you.  My observation is, however, that the majority do not "fumble" for anything and most transactions (via whatever method), from being informed of the price, take seconds.

[Liverpool Lou]

On 9/27/2024 at 1:36 PM, Bert got kinky said:

 

I don't think that the poster was talking about ATMs either.

I think that he was using ATM as the widely accepted text messaging acronym for 'At the moment'.

 

You could well be right but, even so, his post was nonsense claiming that some transactions take five minutes for one purchase from "THBxxx please" to payment.

[Liverpool Lou]

On 9/27/2024 at 1:44 PM, watchcat said:

 

That will not happen until next year, if then.

It's happened already.

[Liverpool Lou]

On 9/27/2024 at 1:51 PM, watchcat said:

On 9/27/2024 at 12:18 PM, Liverpool Lou said:

Not talking about supermarkets or ATMs, this is about simply showing your QR code to a 7-11 staffer.  

 

What's wrong with showing cash where ever you go?

I didn't say that there was anything wrong with "showing" cash, so why do you ask?

[candide]

2 hours ago, Seppius said:

"QR code scam is rapidly rising as it is the most common way scammers can trick users. The rise of QR code scams poses a significant threat in the expanding digital payment landscape. Scammers exploit the ease of QR code use, directing users to phishing sites and risking sensitive data theft"

 

https://www.livemint.com/money/personal-finance/qr-code-scams-how-to-identify-and-be-safe-from-such-tricks-11701766191058.html

Only if people are dumb.

 

If someone pretends to pay you with by showing fake QR codes, it's very simple to check as the money should be sent instantly to your account. If you don't receive any money transfer, it's fake.

 

It's also very safe to pay with QR codes in a shop. After you scan the code, you have to approve the transaction on your app with the amount of the purchase.

 

It's actually much safer than paying with credit cards, as you don't disclose any information such as card number and code. No one can re-use any information to make a fraudulous purchase paid by your bank account.

[SouthThailand]

A lot of naysayers or pay-with-cash-only here are pressed for time each time they visit a 7-11.

No time to lose. Maybe you should not gone in the store.

Just relax when a person in front of you takes a little bit longer than expected to pay.

Either with QR code or with cash.

This is Thailand.

 

ST

 

[scorecard]

2 hours ago, Bday Prang said:

I also have such outdated habits,  I withdraw what I want when I want ,  carry it with me when i want , and spend it as I want in the old fashioned way. I have not yet progressed to holding others up as I fumble with my phone,  just give me some time and I will try to catch up with the latest time saving  advances in technology

 

It's not difficult.

[scorecard]

20 minutes ago, SouthThailand said:

A lot of naysayers or pay-with-cash-only here are pressed for time each time they visit a 7-11.

No time to lose. Maybe you should not gone in the store.

Just relax when a person in front of you takes a little bit longer than expected to pay.

Either with QR code or with cash.

This is Thailand.

 

ST

 

 Many many times in LOS and many other countries (western and Asian) I've seen the cashier / sales clerk give the price / total price, then (and not before) the purchaser opens his / her bag and looks for their cash purse etc.

 

I give an example, my own mother, bless her, always waited for the price before opening her big handbag then looking for her money purse. Can't count the number of time the sales person and other customers were becoming frustrated about the total time being consumed and I would say to my mother "here's your money purse', and her reply "oh no, I only keep the money for my bread and milk in that purse", then the search for the actual cash  money purse starts again. 

[brianthainess]

2 hours ago, kimamey said:

Not so good for property purchase, car rental, hotel booking, flight booking, car purchase and online purchasing. Fine for small transactions though. 

I did pay the balance of around 750,000 baht for a new Honda Jazz in 2012. That was so my sister in law could see what it looked like. 

Who pays cash for property, most would pay with a cashiers check, or car purchase, paying for a hotel can be done with cash and that is not a Huge amount, online purchasing is COD, or transfer using an ATM, buying a car you can transfer money to them at a bank. So you wanted your SIL to see what 750K looked like ......

[brianthainess]

3 hours ago, Bday Prang said:

Far much more enjoyable making a deposit 

but you could end up with a paternity suit..............

[scorecard]

4 hours ago, brianthainess said:

I tend to withdraw once or twice a month but I don't carry it around with me.

Withdraw even twice a month, that's a long session does that include sleeping?

[scorecard]

1 hour ago, brianthainess said:

Who pays cash for property, most would pay with a cashiers check, or car purchase, paying for a hotel can be done with cash and that is not a Huge amount, online purchasing is COD, or transfer using an ATM, buying a car you can transfer money to them at a bank. So you wanted your SIL to see what 750K looked like ......

You could also pay COD transactions by K Bank app or similar or prompt pay. So easy so quick and no need to go to an ATM. 

 

Further all Thai banks have pollici,es to quickly, in big numbers remove / cancel ATM machines.

 

Why?  Buying the ATM machines is quite expensive and they need mechanical maintenance, and the bank internal service to top up the cash held in the ATM is expensive and has security risks. All big costs. 

 

 

 

[Bday Prang]

2 hours ago, brianthainess said:

So you wanted your SIL to see what 750K looked like ......

Works better over here than the traditional   "waana see some puppies"?   so i'm told

[Bday Prang]

2 hours ago, brianthainess said:

but you could end up with a paternity suit..............

Isn't that what the "back door" is for?        

[ftpjtm]

7 hours ago, TroubleandGrumpy said:

Yes.

Same thing that bank employees do - they dont do their jobs using a phone !!

Come on man - you are wrong - you dont need to admit it, but just stop.

 

PS - getting help on the phone is OK here, but cancelling/stopping an account needs to be at the branch office where you opened the account. EG. I have an old bank account in Chiang Mai where we used to live, but the local head office branch here cannot cancel it - I have to go there.  Only Solution - withdraw all money (transfer to other bank account here) and dont use it for 12 months - it will then automatically be cancelled.

 

Ok, I'll admit it. I, along with the other 5 billion people who do banking on line are wrong, in spite of the fact that I don't know a single person who's had a problem with it.

 

To me it's no more or less secure than doing transactions on a computer. 

 

RE Thai banks, as mentioned I have 3. I also typically have less than 50k baht spread across the 3, with 99%+ of my financial assets held in US institutions. If all 3 Thai accounts were emptied at the same time it would be a minor inconvenience. I'm far more concerned with international transactions set up from my computer than the perils of scanning QR codes at Big C or to buy 20 baht BBQ sticks from a street vendor.

[richard_smith237]

7 hours ago, Seppius said:

"QR code scam is rapidly rising as it is the most common way scammers can trick users. The rise of QR code scams poses a significant threat in the expanding digital payment landscape. Scammers exploit the ease of QR code use, directing users to phishing sites and risking sensitive data theft"

 

https://www.livemint.com/money/personal-finance/qr-code-scams-how-to-identify-and-be-safe-from-such-tricks-11701766191058.html

 

Agreed...  as mentioned this is a potentially risky scam. Not at Points of Sale such as 7-11 though. 

But in restaurants when using a QR code to access a menu etc...   Or on a poster with a QR code to link to an info site there is a risk of getting 'directed to nefarious pishing page'... 

 

None of this is a risk if just using QR promptpay though - so its somewhat moot from that perspective. 

 

Faster and safer still is the payments such as Apple Pay... its one tap of a button, face ID and touch the photo to Point of Sale...  It takes no more than a second. 

 

 

[richard_smith237]

4 hours ago, scorecard said:

5 hours ago, SouthThailand said:

A lot of naysayers or pay-with-cash-only here are pressed for time each time they visit a 7-11.

No time to lose. Maybe you should not gone in the store.

Just relax when a person in front of you takes a little bit longer than expected to pay.

Either with QR code or with cash.

This is Thailand.

 

ST

 

 Many many times in LOS and many other countries (western and Asian) I've seen the cashier / sales clerk give the price / total price, then (and not before) the purchaser opens his / her bag and looks for their cash purse etc.

 

I give an example, my own mother, bless her, always waited for the price before opening her big handbag then looking for her money purse. Can't count the number of time the sales person and other customers were becoming frustrated about the total time being consumed and I would say to my mother "here's your money purse', and her reply "oh no, I only keep the money for my bread and milk in that purse", then the search for the actual cash  money purse starts again. 

 

Exactly... 

 

The person who is slow using a QR code is the same type of person who is slow getting cash out of a purse or wallet. 

Its the same type of person who doesn't have their keys ready when they walk up to their front door. 

Its the same time of person who gets in their car, then faffs about for 5 mins before exiting the parking space while others are indicating waiting to get into the the same space. 

 

i.e. its not the method of payment thats slow - its the type of person who is. 

[kimamey]

6 hours ago, brianthainess said:

Who pays cash for property, most would pay with a cashiers check, or car purchase, paying for a hotel can be done with cash and that is not a Huge amount, online purchasing is COD, or transfer using an ATM, buying a car you can transfer money to them at a bank. So you wanted your SIL to see what 750K looked like ......

People don't pay can for property because its not easy. That's the point. Online purchasing isn't always COD. Transferring money via a bank isn't cash. I paid cash for the car for the reason I gave. It would be very difficult in the UK or many other countries due to money laundering rules. 

My point is that cash isn't always king and there's no real reason in most cases that you should do that unless you want to. My wife usually uses her app to pay in 7/11, Big C ect. I don't have an account to do that so I use cash. I think a lot of businesses prefer not to use cash so they don't have large amounts of cash in the premises plus they don't have to worry about counterfeits. 

[richard_smith237]

5 minutes ago, kimamey said:

I think a lot of businesses prefer not to use cash so they don't have large amounts of cash in the premises plus they don't have to worry about counterfeits. 

 

I think this facet of the 'cash vs cashless payments debate' revolves around bank charges.

 

For many business (i.e. that take debit and credit cards in the UK) the banks take a charge each time a transaction is made....    there is growing 'push-back' amongst small business owners against cashless payments as this eats into their profits. 

 

That said, cashless payments such as PromptPay do not include additional bank charges for the vendor, so this push-back is not necessary. 

 

 

On the otherside of this argument is the use of credit cards to gain points and air-miles etc.

We use our credit card in Thailand as much as possible and some of our yearly flights out of this (and lounge use etc)... But, someone will point out, this is not free - somewhere in the chain the banks are making money out of the card use and its ultimately costing the end user (in aggregate - i.e. everyone else is subsidising my flights etc - because the cost of doing business is more expensive for everyone when banks charge 3% for card use, unless that 3% is added on top of the sale price of whatever it is we buy at the the time)... 

(I wanted to use our card to buy a car, but they were going to charge 3% - bummer - that would have been a good few flights !)

 

 

PromptPay = good & convenient (and free if I'm not mistaken).

Apple Pay = simple and very fast (but I wonder what their % take is).

Credit / Debit cards = Bad and devalue money (with 3% charges all the time)

 

 

 

 

 

 

[fondue zoo]

okay, so this turned out to bs in my area, at least for now.

Four different 7/11's, they all knew, but each one had the same response, it's a trial only, and only some stores, owner can decide.

 

Our local guy reckons something along the lines of "it'll be a cold day in hell" when he accepts another payment method that takes away his cold hard cash.

Which got me to thinking how many times I've see two 7/11 staffers in the bank, close to closing, with bags of cash making deposits.

[SouthThailand]

10 hours ago, richard_smith237 said:

i.e. its not the method of payment thats slow - its the type of person who is.

and is same type of person who always complains.

 

Just relax.

Enjoy your stay here.

 

[brianthainess]

9 hours ago, kimamey said:

I don't have an account to do that so I use cash. I think a lot of businesses prefer not to use cash so they don't have large amounts of cash in the premises plus they don't have to worry about counterfeits. 

    

[TroubleandGrumpy]

15 hours ago, ftpjtm said:

 

Ok, I'll admit it. I, along with the other 5 billion people who do banking on line are wrong, in spite of the fact that I don't know a single person who's had a problem with it.

 

To me it's no more or less secure than doing transactions on a computer. 

 

RE Thai banks, as mentioned I have 3. I also typically have less than 50k baht spread across the 3, with 99%+ of my financial assets held in US institutions. If all 3 Thai accounts were emptied at the same time it would be a minor inconvenience. I'm far more concerned with international transactions set up from my computer than the perils of scanning QR codes at Big C or to buy 20 baht BBQ sticks from a street vendor.

I, along with the other 5 billion people who........... 

 

That right there says it all - you think 5 billion people out of 7.5 billion use phones to do banking?

Nothing I can say to someone who thinks like that will be listened to - a waste of my time. 

 

[scorecard]

22 hours ago, Liverpool Lou said:

Good for you.  My observation is, however, that the majority do not "fumble" for anything and most transactions (via whatever method), from being informed of the price, take seconds.

Agree, in my observation quite rare to see any fumble. Most times customers are ready to scan and do it quite smoothly. 

[scorecard]

17 hours ago, ftpjtm said:

 

Ok, I'll admit it. I, along with the other 5 billion people who do banking on line are wrong, in spite of the fact that I don't know a single person who's had a problem with it.

 

To me it's no more or less secure than doing transactions on a computer. 

 

RE Thai banks, as mentioned I have 3. I also typically have less than 50k baht spread across the 3, with 99%+ of my financial assets held in US institutions. If all 3 Thai accounts were emptied at the same time it would be a minor inconvenience. I'm far more concerned with international transactions set up from my computer than the perils of scanning QR codes at Big C or to buy 20 baht BBQ sticks from a street vendor.

 

 

I have many accounts with Thai banks and I have internet banking with 2 Thai banks, but not all of my accounts with these banks (internet banking facilities) are 

registered in my internet banking.

 

But they can be registered in my internet banking quite easily / quickly.

 

I also have K+ on my mobile ple and the app for BBL on my phone, but I keep on both quite low, and top it up as needed. 

 

Not difficult to manage all of the above and keep any risk very low.

 

[Joebuzzz]

Seems people have no comprehension of the end goal here. So il tell you.

The WEF is pushing this everywhere. An article from about a year ago made the point that once the public gets to about 65% of doing non-cash transactions, it will be time to stop cash purchases.  Once that is done, the governments, all of them, will now be able to track AND TAX every purchase.  They'll know what you buy, where you bought it, etc.  This is not good.  In America they presently believe you should pay tax on items you sell at a garage sale. They track deposits, transactions, over $600.  So, that tv you bought last year that won't fit in you new home, an 85' Winnebago, if you sell it and don't have the receipt to show you took a loss, you owe taxes on that $600. 

DO NOT USE ELECTRONIC PAYMENT QR CODES.  You'll regret it.