credit card

  • Business News
    Alex MorganPublished: 10:01, 04 May 2024
    187

    Thailand’s central bank halts proposed 1% fee on credit cardholders

    The Bank of Thailand has stalled the proposed introduction of an additional 1% fee on local credit cardholders, necessitating card issuers to consider other alternatives. This decision was taken after several credit card issuers declared that they would be waiving the 1% fee for payments made in baht to overseas registered merchants and online shopping platforms. Earlier in March, these…

  • Thailand News
    Bob ScottPublished: 10:42, 03 May 2024
    396

    British man’s stolen card wins 185 million baht lottery

    In a twist of fate, a British man’s stolen credit card was used to buy a lottery ticket in England that won a £4 million (185 million baht) prize, leading to a bizarre situation where the rightful owner wondered if he was entitled to any winnings, only to be met with disappointment. Joshua Addyman’s credit card details were swiped in…

  • Thailand News
    Alex MorganPublished: 15:04, 07 March 2024
    258

    Thai credit card holders hit with new 1% fee

    In a recent development, holders of credit cards issued in Thailand are set to face a 1% fee for foreign currency conversion starting May 1, as revealed in a notice on the Bangkok Bank website. Local credit card issuers, including Visa and Mastercard, will enforce this fee, also known as dynamic currency conversion (DCC), for transactions made in baht with…

  • Thailand News
    Nattapong WestwoodPublished: 17:21, 04 January 2024
    249

    KTC reports robust growth, launches Thailand’s first digital credit card

    KTC, the leading credit card service provider in Thailand, reported a robust growth in its operations for the year 2023. The company revealed a surge in card spending exceeding its initial target by over 10%. Continuing its growth trajectory into 2024, KTC maintains its previous growth target of 15%. Currently, KTC holds a 12% market share in the total card…