Thailand plans second phase of "Digital Wallet" programme - News Summed Up

Thailand plans second phase of "Digital Wallet" programme


The Thai government is preparing for the second phase of its "Digital Wallet" support programme, offering 10,000 THB (300 USD) per person, following the first phase of cash handout to 14.5 million recipients. Thailand plans second phase of "Digital Wallet" programme (Photo: bangkokpost.com)Bangkok (VNA) – The Thai government is preparing for the second phase of its "Digital Wallet" support programme, offering 10,000 THB (300 USD) per person, following the first phase of cash handout to 14.5 million recipients. This second phase will allow those without smartphones to register at state-owned banks starting next month. Deputy Finance Minister Julapun Amornvivat stated that the first phase, targeting vulnerable groups, had successfully accelerated cash flow and stimulated the national economy. The 10,000 THB in the second phase will still be distributed in cash, not in digital currency.


Source: Bangkok Post October 21, 2024 20:12 UTC



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