Rush for Thailand’s $14-Billion Handout Scheme Hit by Glitches

Quick Summary:

Over 10 million Thais apply to join contentious 'digital wallet' scheme, causing the public registration system to overload on Thursday The post Rush for Thailand’s $14-Billion Handout Scheme Hit by Glitches appeared first on Asia Financial.

Of the 50 million people eligible, the government expects an uptake of 45 million.

The programme is due to be launched in two months and entails transferring 10,000 baht of credit to users via a smartphone application, to be spent in their localities within six months.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaThailand

Topics: Southeast Asia Asia Fintech Payments Market Insights Fintech Insights ESG Regions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 11:06:47 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 21885493

View Article Analysis

About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 4 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 10 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

Frequently Asked Questions