Tech experts say Thais must adopt personal digital wallets

Cryptomind Group’s Sanjay was more cautious, warning that to achieve national digital wallet status, Thailand must first address a few issues.

First, some laws and regulations must be updated to keep up with the modern digital economy. Meanwhile, regulatory changes should be thoroughly discussed with the private sector. This will make it easier for the country to improve.

Another issue, he noted, is educating people about the fundamentals of the digital industry and how to use innovations and technologies to their advantage.

Meanwhile, as the world’s leading e-payment system provider, Stripe’s regional head Sarita confidently predicted that the role of digital wallets and other e-payment will grow in tandem with the expansion of the e-commerce industry and other business models in this digital economy.

…