Thais spend freely after digital wallet turns into cash handout

Many use 10,000 baht payment for big purchases or to clear debts

20241003 digital wallet

Thai Prime Minister Paetongtarn Shinawatra, left, pushed through the first phase of the government's so-called digital wallet handout championed by her predecessor Srettha Thavisin, right. (Nikkei montage/Source photos by Adryel Talamantes and Hiroki Endo)

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Bangkok taxi driver Witaya Prasertphand is among the many Thais who took advantage of the government's signature digital money stimulus falling well short of its grand ambitions.

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