PM Prayut leads ministers to register for Prompt Pay service

[webfact]

PM leads ministers to register for Prompt Pay service

 

 

BANGKOK: -- Prime Minister Prayut Chan-ocha today (Tuesday) led his cabinet ministers to register for Prompt Pay e-payment system at the Government House as part of the publicity campaign to encourage members of the public to have trust in the system and to subscribe to the online money transfer service.

 

The prime minister also urged the Thai Bankers Association to step up public relations to create better understanding about the e-payment system among the public so they will be convinced to subscribe to the service, said Mr Pridi Daochai, president of the association.

 

He pointed out that the system was developed for the benefit of consumers, especially to cut their costs in electronic money transfers.

 

Money transfer of less than 5,000 baht is free from changes; two baht fee for transfer of between 5,000 baht plus to 30,000 baht; five baht fee for transfer of 30,000 baht up to 100,000 baht and 10 baht fee for transfer of money in excess of 100,000 baht.

 

So far, 14 million bank accounts have been registered to subscribe to the service – 11.5 million through the use of their ID cards and 2.5 million through the use of their smart phones. The TBA expects 30 million bank accounts to be registered by the time the service commences after October.

Government Savings Bank director Chartchai Payuhanavichai assured that the system is safe and consumers should not be worried that their confidential information would be stolen.

 

GSB, so far, boasts 700,000 bank accounts registered for subscribing to Prompt Pay service.

 

Source: http://englishnews.thaipbs.or.th/pm-leads-ministers-register-prompt-pay-service/

 

-- © Copyright Thai PBS 2016-08-09

 

[Hawk]

This is yet another government "big brother" project and will ultimately be used as a form of control.  It seems that this government are using every possible means to control the masses, people who won't tow the party line will wake up to an empty or frozen bank account. Once cash is removed from the system and it is turned into a totally electronic monetary system then the state will own you.

 

Question; Why is this government so overly eager to promote/push this system?  Its certainly not for the benefit of the public.

[williamgeorgeallen]

dam that sounds suspect. what has it got to do with the government? i have all my assets back in nz now. i transfer from one nz account onto another account online then with draw 30k at a time through nz atm card. is not full proof but its the best system i can come up with.

Edited August 10, 2016 by williamgeorgeallen

[Hawk]

3 minutes ago, williamgeorgeallen said:

dam that sounds suspect. what has it got to do with the government? 

 

 

It is a government/military owned and controlled electronic money system.

[williamgeorgeallen]

7 minutes ago, Hawk said:

 

 

It is a government/military owned and controlled electronic money system.

who ever controls the bank system controls the country. think that was a quote from the guys who took over the american federal reserve. the army has an incredible amount of power now. power corrupts, especially in thailand.

[Hawk]

2 minutes ago, williamgeorgeallen said:

who ever controls the bank system controls the country. think that was a quote from the guys who took over the american federal reserve. the army has an incredible amount of power now. power corrupts, especially in thailand.

 

Prayut has become much more arrogant, controlling and forceful since Sunday, he probably believes that the "yes" vote gives him full permission to do as he pleases from now on. He is now hell bent on pushing his own agenda at the expense of human rights, elections etc., his aim is total control of the masses. Prompt Pay is a part of that agenda, as is the control of foreigners, as is the control of the internet.

[williamgeorgeallen]

2 minutes ago, Hawk said:

 

Prayut has become much more arrogant, controlling and forceful since Sunday, he probably believes that the "yes" vote gives him full permission to do as he pleases from now on. He is now hell bent on pushing his own agenda at the expense of human rights, elections etc., his aim is total control of the masses. Prompt Pay is a part of that agenda, as is the control of foreigners, as is the control of the internet.

well there is a good chance you are right. have to wonder what mr T. and his gang are planning. doubt they are just going to roll over.

[steven100]

Good job Khun Prayuth .....    He is the best person to lead Thailand.   If you have nothing to hide then you have nothing to fear.

 

Only those falangs who have dubious causes for being in Thailand or those who are continually complaining about the PM's policies and processes should be concerned. 

Criminal elements in Thailand are slowly being weeded out.

 

Thailand is much safer and much more comfortable now that Khun Prayuth is at the helm.

[Hawk]

11 minutes ago, steven100 said:

Good job Khun Prayuth .....   

 

Thailand is much safer and much more comfortable now that Khun Prayuth is at the helm.

 

And the world agrees with you do they? You are in the minority.

[williamgeorgeallen]

8 minutes ago, steven100 said:

Good job Khun Prayuth .....    He is the best person to lead Thailand.   If you have nothing to hide then you have nothing to fear.

 

Only those falangs who have dubious causes for being in Thailand or those who are continually complaining about the PM's policies and processes should be concerned. 

Criminal elements in Thailand are slowly being weeded out.

 

Thailand is much safer and much more comfortable now that Khun Prayuth is at the helm.

you would choose a military dictatorship over democracy or were you being sarcastic? the average referendum last 4 years, you think it will be any different this time? it is not just the tiny minority of naughty foreigners who need to be concerned. 2 years into the current dictatorship and the army is driving thailand into the ground. nothing has been achieved despite them having absolute power.

[sharpnel]

20 hours ago, Hawk said:

This is yet another government "big brother" project and will ultimately be used as a form of control.  It seems that this government are using every possible means to control the masses, people who won't tow the party line will wake up to an empty or frozen bank account. Once cash is removed from the system and it is turned into a totally electronic monetary system then the state will own you.

 

Question; Why is this government so overly eager to promote/push this system?  Its certainly not for the benefit of the public.

 

 

 

they're trying to push this system because they want to know who doesn't pay tax or "money laundering" thing. 

 

and if you ask why people don't pay tax, it's simply because they are aware of corruption. (there are many histories about corruption in the past. To make people trust the government is pretty difficult, it's like you borrow your friend's money several times and you do not pay back his/her money.)

 

also, since that "YES" vote, a number of people are thinking about Thailand's future that will become like North Korea/China etc. and are preparing to move to another country which has "Democracy"

 

Democracy is wayyyyyyy OVERRATED in Thailand nowadays.

 

If you have skills in PROPAGANDA, you can create a facebook fanpage, a website and create some click bait articles then post them in facebook fanpage. Now, you will see how many Thai people read only the headline and jump into the conclusion.

 

at this rate, the problem is not the government, it's the people themselves.

 

from what i've seen when people have an argument about politics, ALMOST EVERY SINGLE ONE OF THEM is like THIS QUOTE BELOW

 

"You can never win an argument with a negative person. They only hear what suits them and listen only to respond."

Michael P. Watson.

 

ps. i am a native Thai.

[Hawk]

2 hours ago, sharpnel said:

 

they're trying to push this system because they want to know who doesn't pay tax or "money laundering" thing. 

 

also, since that "YES" vote, a number of people are thinking about Thailand's future that will become like North Korea/China etc. and are preparing to move to another country which has "Democracy"

 

Democracy is wayyyyyyy OVERRATED in Thailand nowadays.

 

 

 

I disagree, this government's priority is about control and not tax or money laundering,  afterall they are military-minded, and as such they are indeed taking ideas from other authoritarian governments around the world and implementing them here.

 

As for democracy being overrated, I suppose you believe that human rights are also "wayyyyyyy" OVERRATED in Thailand nowadays as well.

 

P.S. I am native human. 

[sharpnel]

okays, you believe what you saw then.

[Alive]

For some aspects of government, this is good. Since corruption really belongs to the super rich in Thailand, maybe they are the ones whose money should always 24/7 be under the spotlight. I don't understand why government would take interest in this so much but they haven't said it is for the poor from what I gather. The poor can benefit from cheaper transactions to send money to their families in the rural areas. The poor who really have no choice but to come to the cities to work spend or waste if you want massive amounts of money just doing the things that people in Bangkok take for granted because those things involve their families in the rural areas. Every election, holiday, funeral, wedding, and event the poor have to travel usuallyin heavy traffic jams for up to 10 hours to get to their home villages. When they want to send a gift or send money, they have to uses services that they have to pay for. So as I mentioned there are some areas where helping the poor reduce costs due to the distance of their families is a good thing. The government spending more to develop rural areas is also vital for a peaceful nation. Just because the factories and business is in BKK doesn't mean the people working in them want the tax money from them to go to Bangkok. They probably want to see their eternally-neglected villages see fair distribution of the nations coffers.