Finance permanent secretary Somchai Sujjapongse (centre), Bangkok Bank president Chartsiri Sophonpanich (left) and KBank president Predee Daochai display EDC terminals at the Finance Ministry in Bangkok in March. (Photo by Seksan Rojjanametakun)The Finance Ministry plans to introduce e-money zones in shopping areas of selected northeastern provinces to promote a cashless society, permanent secretary Somchai Sujjapongse said on Wednesday. The Finance Ministry would then have contractors install electronic data capture (EDC) terminals at shops there free of charge, to enable e-payments. About 150,000 EDC terminals had been installed nationally, up from 110,000 terminals last month, he said. The Finance Ministry planned to have 550,000 EDC terminals installed by March next year.

Source: Bangkok Post July 26, 2017 09:45 UTC