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Monday, May 13, 2024

Panel calls for Pao Tang app for stimulus money

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the government using the Pao Tang app for the 10,000-baht digital wallet scheme.

The private sector panel backs the government’s stimulus that provides 10,000 baht to people via a digital wallet.

However, the JSCCIB recommends the government use the Pao Tang mobile app, an open-platform digital wallet operated by Krungthai Bank, said Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, after the panel meeting.

If the government uses Pao Tang for the digital wallet scheme, it would save both cost and time. Moreover, the government could leverage the app to expand into social welfare programmes and other state schemes, said the JSCCIB.

If the government has a targeted segment, specific coverage, or specific goods and services to be included in a scheme, it…

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