Technology
ttb’s 'Punboon' Platform Enhances Digital Donation Transparency
The 'Punboon' platform by ttb has introduced new features to streamline digital donations and tax reporting for corporate entities in Thailand.
According to Khaosod Online, ttb bank has upgraded its 'Punboon' platform to support the transition toward a fully digital e-Donation ecosystem. The initiative aims to provide charitable organizations with a comprehensive solution for managing donations, ensuring transparency, and simplifying the verification process for donors.
To discuss these advancements, ttb recently hosted a seminar titled 'Punboon by ttb: Elevating Donations toward Transparency and Sustainability,' featuring representatives from the Revenue Department, the Equitable Education Fund (EEF), The Voice Foundation, and ZenityX AI Studio. Kanokporn Juta, head of ttb’s business product management group, noted that as Thai donors increasingly prioritize digital convenience and data transparency, charitable organizations must modernize their data management and communication strategies.
For residents and business owners, the most significant update is the launch of a new 'Corporate Tax Deduction' feature. This tool is designed to assist businesses in managing their charitable contributions and streamlining the process of claiming tax benefits. The feature is scheduled to be available starting in September 2026. While the platform aims to simplify the donation process, users should verify specific tax eligibility requirements with the Revenue Department or their financial advisors, as the platform serves as a management tool rather than a tax authority. Further details regarding the integration of specific corporate accounting software with the platform remain to be confirmed.