The government's e-payment scheme will encourage shoppers to make electronic transactions because of the lower cost. "People should acknowledge the good points of having more options and tapping benefits from the national e-payment scheme." Low-income earners registered for the e-payment scheme will be ready to benefit early next year, Finance Minister Apisak Tantiworavong told the conference. Ruchukorn Siriyodhin, assistant governor of the Bank of Thailand, said the e-payment system has been carefully developed for 16 years. (Photo by Somchai Poomlard)Financial technology experts are reassuring the public over the national e-payment scheme, saying the system has been designed to allow fair competition while controlling risks at the present level.

Source: Bangkok Post July 30, 2016 00:24 UTC