Thailand has launched a new payment app called WORPT to help tourists spend their cryptocurrency in the country. The app allows foreign visitors to convert crypto into Thai baht and use it at local shops and restaurants by scanning barcodes, eliminating the need for a Thai bank account. Developed by Wipay and Waan Exchange, WORPT operates under a regulatory pilot program called TouristDigiPay, initiated by Thailand’s Securities and Exchange Commission.
The rollout comes as Thailand faces a second straight annual decline in foreign arrivals and tourism revenue. The government is keen on attracting higher-spending visitors, and WORPT aims to tap into crypto wealth from South Korea, Japan, the Middle East, and Southeast Asia. Wipay founder Pavin Jittiwongsamarn expects 200,000 users in the first year, with projected spending of 15 billion baht (S$571 million) over the 18-month trial.
Similar crypto-funded payment services for tourists were introduced in Bhutan and Brazil in 2025. WORPT is backed by Chaval Jiaravanon of Thailand’s billionaire Chearavanont family, highlighting the growing integration of cryptocurrency in traditional financial systems.