The Thai government's ambitious plan to distribute 10,000 baht to eligible citizens through a digital wallet initiative is gaining traction, with registration expected to open soon.
Here's a comprehensive guide on how to participate and receive your share.
Eligibility Criteria:
To qualify for the 10,000 baht digital handout, you must meet the following requirements:
- Age: Be at least 16 years old by September 30, 2024.
- Income: Have an annual income of no more than 840,000 baht in 2023 as per your tax filing.
- Bank Balance: Maintain a bank balance of no more than 500,000 baht.
- Nationality: Be a Thai citizen.
Registration Process:
- Download the App: The government is developing a "Thang Rath" (Government Way) app, which will be available on both the App Store and Google Play. Download and install this app.
- Register: Open the app and follow the registration instructions. You will likely need to provide your national ID card details and other relevant information for verification.
- Verification: Complete the Know Your Customer (KYC) procedures through the app. This may involve confirming your identity and other details.
- Approval: Once your registration and verification are complete, you will receive a notification of approval if you meet the eligibility criteria.
- Receiving the Funds: The 10,000 baht will be transferred to your digital wallet within the app.
Spending the Funds:
The 10,000 baht can be spent at participating local stores and businesses within your district, as listed on your ID card. This initiative aims to stimulate the local economy and support small businesses.
Important Note:
- The government has warned against clicking on any links in SMS messages that claim to be related to the digital wallet registration. These messages may be phishing attempts to steal your personal information.
- Stay updated with official announcements and information regarding the registration process and spending guidelines.
July 2024, Cryptoniteuae