credit card
- Thailand News
Thai man loses 70,000 baht after scammers use fake ID to access his credit card
A Thai man lost nearly 70,000 baht from his credit card balance after a scammer created a fake ID card, gained access to his mobile phone number, and accessed his credit card. The 37 year old oil exploration worker in Bangkok, Kittinat, gathered evidence and sought assistance from the Foundation Campaigning to Reclaim Social Justice after suffering the 70,000-baht loss.…
- 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…
- Thailand News
Thailand cash splash: Foreign tourists send Visa spending soaring
Thailand is basking in a financial boom, with foreign tourists spending a staggering 90% more on Visa credit cards this year compared to the pre-pandemic high of 2019. While Thai travellers are tightening their purse strings amid a sluggish economy, foreigners can’t seem to get enough of the Land of Smiles. Visa Thailand’s country manager, Punnamas Vichitkulwongsa, revealed that Thailand…
- 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
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
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…
