Thailand working on new payment system for overseas transactions


BANGKOK (The Nation/Asia News Network): The Bank of Thailand (BOT) is pushing the development of a new payment system to match Thailand’s economic recovery.

Siritida Panomwon Na Ayudhya, assistant governor of BOT's Payment Systems Policy and Financial Technology Group, said on Tuesday (Jan 3) that the central bank aims to develop a payment system that allows users to perform transactions overseas.

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