credit card
- Bangkok News
Thai woman arrested in onsen credit card theft, Chinese suspects involved
Police arrested a Thai woman at her condominium yesterday, January 7, for conspiring with Chinese suspects to commit credit card theft at several onsen establishments in Bangkok. Numerous onsen patrons came forward to issue warnings and seek justice after their credit cards were stolen following visits to various onsens in Bangkok. The stolen cards were used by the thieves, resulting…
- Bangkok News
Japanese man pickpocketed on Bangkok MRT, credit cards used in Isaan
A Japanese man became another victim of credit card fraud in Bangkok while travelling on the Metropolitan Rapid Transit (MRT) train. This incident comes hot on the heels of another credit card fraud victim yesterday. The Facebook page Drama-addict shared details of a Thai woman who lost her credit cards after visiting an onsen in Bangkok yesterday, January 6. Her…
- Thailand News
Thai woman warns of credit card fraud after Bangkok onsen visit
A Thai woman issued a warning after nearly losing 85,900 baht in credit card fraud following a visit to an onsen in Bangkok. The incident has since gone viral on social media, prompting more victims to come forward. The woman, who has chosen to remain anonymous, yesterday, January 5, shared her story with the Facebook page Drama-addict. She revealed that…
- Business News
Thailand’s credit card industry faces toughest challenge in 20 years
The credit card industry in Thailand is bracing for its most formidable challenge in two decades, a situation attributed to an anticipated weak economy next year, as highlighted by the Thai Bankers’ Association’s credit card club. Atis Ruchirawat, chair of the club, emphasised that the unsecured loan sector, encompassing credit cards and personal loans, has already felt the tremors of…
- Business News
Thailand’s card payments to hit 3.3 trillion baht by 2028
Thailand’s card payments market is projected to achieve a compound annual growth rate (CAGR) of 9.2% from 2024 to 2028, reaching 3.3 trillion baht (US$94.5 billion) by 2028. This growth is driven by a consistent consumer shift towards electronic payments, according to data and analytics firm GlobalData. Data from GlobalData’s Payment Cards Analytics indicates that card payment value in Thailand…
- Travel
Lost your credit or debit card in Thailand? Here’s what to do
Losing your credit or debit card while travelling can be stressful, but don’t worry! The first thing you should do is reach out to your bank and let them know. They’ll be happy to freeze your account so no one can use your card. Here’s a quick guide to help you out if you ever find yourself in this situation…
- Business News
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
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
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…
- Guides
Exploring different types of loans available for foreigners in Thailand
In need of a loan? As an expat living in Thailand, you’re probably wondering what your options are. Getting a loan in the country as a foreigner is not easy, but it’s not impossible. Guided by an interest in propelling economic development and promoting tourism, the local government has taken significant strides in making access to financial support much easier…
- Guides
How to secure credit cards in Thailand for foreigners: A comprehensive guide
Living in Thailand without a credit card is certainly feasible, given the multiple payment options for goods and services available in the country. But, getting a local credit card does make life a lot easier. In addition to cutting down on foreign exchange fees, having a local credit card can simplify the tedious task of paying bills, allowing you to…
