
Thailand encourages e-payment
The Bank of Thailand plans to reduce cash payments and cheque payments by promoting e-payment with consumers and the public and private sectors.
Under the Payment Systems Roadmap 2010, e-payments will double from the current one billion transactions a year, according to Sayan Pariwat, senior director of the information technology group of the central bank.
The use of e-payments is now just 10.9 transactions per person, much lower than in developed countries.
International Transaction Manageme
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