By The Nation
Phitsanu Wanitchaphol, chief commercial officer at Thailand Post, said it is necessary to have circulation in the e-commerce system as some vendors are not able to seek credit due to lack of evidence of transactions.
Hence, he said, Thailand Post has collaborated with SME D Bank to give online vendors an opportunity to use COD from Thailand Post by just submitting their trading history at the [email protected] application to show salaries paid as credit.
To be eligible, vendors must have a business licence, while juristic persons must hold at least 50 per cent of Thai stocks.
SME D Bank president Nartnaree Rathapat believes this is the perfect time for the bank to step into the e-commerce sector, adding that this collaboration will help small and medium businesses.