What is NDID (National Digital ID)? Why is it important?

What is NDID (National Digital ID)?

        NDID stands for National Digital ID. It is the identity of the user in the digital world. For example, our identity in the real world is an ID card. NDID is like an online ID card, allowing you to conduct various online transactions, such as opening an online deposit account or applying for a loan online, without having to go to a bank to verify your identity for service.

When does NDID (National Digital ID) start to be open for registration?

Banks that support NDID (National Digital ID) are as follows:

  • Siam Commercial Bank (SCB)
  • Bangkok Bank (BBL)
  • Krungsri bank (BAY)
  • Kiatnakin Phatra Bank (KKP)
  • Government Housing Bank (GHB)
  • TMBThanachart Bank (TTB)

How important is NDID?

  • helping to upgrade Thailand’s transactions to be more reliable and supporting the implementation of high-security online transactions.
  • To facilitate and save time in using the service, transactions can be made via online channels based on digital identity verification. which is more secure than transactions that are verified with a copy of an ID card.
  • Reduce the cost and time of traveling to verify identity at the bank; reduce data entry; reduce the use of paper documents to identify yourself when applying for services with agencies.

If interested, how do we register for NDID?

      NDID registration can be done in a variety of ways depending on the provider. Details can be obtained from the bank with which you use the service, including

  • bank counter 

    • Go to the bank counter. 
    • Inform the bank staff that you want to register for the NDID and submit your ID card. 
    • The bank staff will guide you through the registration process, such as filling in the information, taking a photo, receiving the conditions for using the system, and/or activating the mobile banking service that is linked to your NDID, etc.
  • bank application 

    • Go to the application of the bank of your choice. 
    • Select ‘NDID’ 
    • The system will check, collect information in the database, and recommend the registration process, such as filling out additional information, taking photos, receiving conditions for using the system, etc.

How can we be sure that our NDID data is safe?

          The design principle of the NDID system is data security and privacy by design. It is a highly secure service with encryption for data transmission. and the system has no centralized storage The data remains with the data protection and customer service authorities. The system is designed under the concept of decentralization with Blockchain technology. The administrator is National Digital ID Company Limited. They will not be able to see any customer data. National Digital ID Company Limited is a joint venture between Thai commercial banks, securities companies, fund management companies, life insurance companies, non-life insurance companies, electronic payment service companies, the Stock Exchange of Thailand, and Thailand Post, totaling more than 60 companies. which each company is under supervision. This ensures that those entities and companies are required to comply with all applicable laws and regulations regarding information security.

          The NDID Ecosystem method compared to the current method that uses hardcopy documents to apply for services is significantly more secure. When using the service and studying the complete information, you will find that using the NDID service is more convenient and safer.

Is there a cost to registering for the NDID?

      according to the terms of the service provider. There is usually no cost to register.

Is there any cost for using NDID?

      For users, there is no charge for using NDID afterward.

What precautions should be taken when using the NDID service?

        If the service user receives a notification to verify their identity to activate the service, the user should check that it is a request for identity verification that is the service that the customer has applied for.

Reference : www.ndid.co.th