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14 million bank customers apply for Prompt Pay: TBA


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14 million bank customers apply for Prompt Pay: TBA

  

BANGKOK, 10 August 2016 (NNT) – The Thai Bankers' Association (TBA) announced that 14 million bank customers have already applied for Prompt Pay. 

TBA President Pridi Daochai disclosed that 14 million customers have applied for Prompt Pay, 11.5 million of whom having registered for Prompt Pay with their ID cards and 2.5 million others with their phone numbers. He expected that the number of bank customers applying for Prompt Pay will reach 30 millions at the end of October. 

Prime Minister Prayut Chan-o-cha assured the safety of Prompt Pay system and urged more people to apply for it as the system will make financial transactions more efficient, reduce business costs and afford a range of benefits to the people. 

Besides, the Ministry of Finance will offer incentives such as a tax shelter for the owners of venues where new Electronic Data Capture (EDC) machines will be installed for use by Prompt Pay customers, the TBA president said.

 
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-- nnt 2016-08-10
Posted

screw prompt pay, reform the business laws here if you want to reduce business costs here.

 

I spent 9 hours at immigration the other day just to change visa to my new passport!!! And I was there before 8:30 am. I was # 37 and it took them 6 hours to call me for the first time. Then had to go to 2 more desks. RIDICULOUS!!!

 

Seems to be a corruption crackdown so the staff seem to be working extra slow.

 

 

Posted

I fail to see any relevance or benefit for a foreigner to register. I don't owe the government any money, don't own any property for them to tax, as far as I'm concerned it's just another button to push at the ATM.

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