The Bank of Thailand (BoT) is implementing new regulatory oversight for Buy Now Pay Later (BNPL) services, requiring a new operating license set to take effect in Q4 2026 following public hearings scheduled for September 2026. This major regulatory shift will consolidate oversight of non-bank BNPL operators (currently ~3,600 entities representing 75% of accounts and 55% of lending volume) under formal banking supervision, addressing a significant structural gap in Thailand's financial system regulation.