Over 1,000 digital platform operators register with Thailand’s ETDA

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Digital platform service (DPS) operators in Thailand are flocking to register with the Electronic Transactions Development Agency (ETDA) system, with over 1,000 already signed up. This comes in response to the DPS law implemented on August 21 last year, aimed at creating transparency and enhancing consumer protection in the digital space.

 

The ETDA is set to issue its ETDA DPS Notified mark to registered operators, a move aimed at boosting consumer trust in these platforms. As of now, 1,168 digital platform operators, both Thai and international, have registered with the system, with Thai-owned platforms leading the way.

 

In terms of platform types, online marketplaces make up the largest group, with 302 platforms. This is followed by 199 online communication platforms and 78 news aggregator service platforms. A whopping 94.5% of these platforms originate from Thailand, with the remaining percentage comprising platforms from Singapore, Japan, the US, and China.

 

Under the DPS law, any platform operator intending to conduct business in Thailand must provide details to the ETDA before commencing operations. Existing operators have until November 18, 2023, to fulfil this requirement. The law applies to individuals generating revenue exceeding 1.8 million baht (US$49,889) per annum before expenses and to entities with revenue surpassing 50 million baht (US$1.38 million) per year. It also applies to those with over 5,000 service users monthly, reported Bangkok Post.

 

by Alex Morgan

Photo courtesy of iStock

 

Full story: The Thaiger 2024-02-14

 

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[Peterphuket]

Big brother like to follow you all.