THAILAND

2022 Summary

In 2022, Thailand’s biggest challenge was sustaining face-to-face acquisition volumes in the face of an economy that had not fully recovered from the effects of the pandemic. At the same time, new donor recruitment was limited to credit card sign ups because of ongoing reject issues with debit cards (that were caused by the switching off of the auto-debit feature by banks in late 2021).

On the upside, first debit success rates recorded an uptrend and new donors were recruited at higher average gifts, although LTV remained under pressure as an effect of high attrition and lower giving life spans.

Payment
Success Rates

First Debit Approval Rate

Percentage of donors successfully transacted on their first debit

2022

76%

2021

74%

2020

66%

Anniversary Approval Rate

Percentage of donors successfully transacted on their recurring debits

2022

93%

2021

93%

2020

93%

Donations Processed

2022

THB 442,424,815

USD 12,922,140

2021

THB 449,053,086

USD 13,527,275

2020

THB 577,295,297

USD 19,237,788

2022 in Numbers

Number of new recurring donors acquired in the year

New Donors

20,457

Number of new recurring donors acquired in the year
Average number of months a donor will give to a cause

Average Lifespan

22 months

Average number of months a donor will give to a cause
Average monthly contribution per donor

Average Gift

THB 622

USD 18

Average monthly contribution per donor
Estimated total contribution of a donor to their chosen cause

Lifetime Value (LTV)

THB 11,853

USD 346

Estimated total contribution of a donor to their chosen cause

2023
Outlook

The return of tourism to Thailand is expected to positively impact the economy and generate momentum which could influence better acquisition volumes as well as lower attrition. Our operational teams are also geared to support our charity partners with the planning and implementation of third-party platform integrations with some of our key charity partners in the market.