The Finance Minister explains the identity verification conditions for 10,000 baht digital currency. People have never received half each. We win. Must confirm new identity. Confirm store registration period Cancel the use of a radius of 4 kilometers.
The Pheu Thai Party government’s economic stimulus policy, the latest conditions at this time, after the Digital Money Subcommittee met to discuss. A conclusion has been drawn regarding identity verification registration. Those eligible to receive digital money of 10,000 baht byMr. Chulphan Amornwiwat Deputy Minister of Finance It has been confirmed that Those who have never received rights from the General Prayut Chan-o-cha government project must reconfirm their identity through the KYC system.
Criteria for participating in the 10,000 baht digital money project
Criteria for participating in the digital wallet project: Mr. Chulaphan, as chairman of the subcommittee driving the 10,000 baht digital money project, confirmed that there was no registration to receive any rights. There will only be identity verification to receive rights, which is in accordance with the laws of the Bank of Thailand (BoT).
In addition, the groups of people who will receive rights have been clearly divided into 2 groups: Group 1, people who have previously participated in the Prayut Chan-o-cha government project, namely the Half-Half Project. We Win Project We travel together project The more you use, the more you get. Taste, Shop, Spend project. Shop well and get back project. And the We Don’t Leave Each Other project, 40 million people, do not need to confirm new identities. You can start spending through the 10,000 baht digital money project now.
Group 2: 10 million people who have never participated in a government project before and are under 18 years of age. They must confirm their identity in the KYC process through the government financial institution. and use the national ID card through the specified government mechanism
What is KYC identity verification?
Verifying your identity through KYC or Know Your Customer is a process that financial institutions or digital asset service providers verify the identity of service users Using government documents that issue personal information such as first and last name, address, date of birth, in accordance with the Anti-Money Laundering Act of 1999, which requires financial institutions to use KYC procedures when opening an account. to service users
KYC identity verification is similar to identity verification in the Paotang application. The same is true of previous government projects. The eligible person must download the application. Take a photo of your ID card Fill in your ID card number and phone number. Along with taking a photo and scanning the face to confirm your identity.
However, the 10,000 baht digital wallet will be distributed on the Blockchain system through the Super App, a new application being developed by a government bank. It’s not the Paotang application that was used before.
Identity verification period
Those who are entitled to receive a Digital Wallet of 10,000 baht, Mr. Chulaphant provided information that Currently, the time frame for KYC verification is quite long, which can take as long as a month. In the case of a group of bedridden patients Elderly people who cannot travel to verify their identity The sub-committee will find a common conclusion again
Confirm store registration period
Registration time frame For merchants who want to join the 10,000 baht digital currency project, there was no clear conclusion at what time they had to register their stores. Because the sub-committee Still cannot be confirmed.
Recently confirmed that Registration period for participating in the store’s digital wallet program Operations will begin in November 2023, as Mr. Chulaphan had previously given an interview.
Cancel spending within a radius of 4 kilometers.
The conditions for spending 10,000 baht of digital money, previously set within a radius of 4 kilometers, have been canceled and are being considered to be allowed to be spent in subdistricts, districts, and provinces.
The government is ready to distribute the money. so that people can spend and spend You can purchase various products and services in the first quarter of 2024 according to the original schedule previously announced. If there are additional updates, we will inform you in the next order.
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2023-10-21 09:26:47
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