Fiscal Policy Office Director-General Kulaya Tantitemit has pointed out that the Finance Ministry is planning to open registration for the “Ying Chai Ying Dai” (the more you spend, the more you get) e-voucher cashback scheme on Monday.
The registration is open to a maximum of 4 million registrants, focusing on the middle class and high-income earners, aiming to increase local purchasing power. The scheme, costing 28 billion baht, is funded by the 1-trillion-baht emergency loan.
The Ying Chai Ying Dai scheme offers the right to gain cashback e-vouchers for domestic purchases, encouraging people to buy food, products and services at participating shops through the Krungthai Bank Pao Tang mobile banking application.
People can register between 6am-10pm every day. They can start purchasing products or services under the scheme between 6am to 11pm from July 1 to September 30. (NNT)
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