Photo Release: SCB first in Thailand to launch the top up service with Lazada providing with special 100 baht bonus for 500 baht when top up in Lazada Wallet

Stocks and Financial Services Press Releases Monday August 20, 2018 12:57
Bangkok--20 Aug--Siam Commercial Bank

In a bid to boost the e-commerce market, Siam Commercial Bank has teamed up with Lazada Co., Ltd. to offer increased online shopping convenience on digital platforms with a new service allowing shoppers to directly top up their Lazada Wallet from SCB accounts. As Thailand's first collaborative effort its kind, shoppers will be able to complete the real-time top up process within a single application offering convenience and flexibility for new digital era lifestyles. During an introductory period running between 20 August – 20 October 2018, the first 20,000 customers using SCB accounts to top up 500 baht or more in Lazada Wallet will get a special bonus of 100 baht/account. Representing SCB to celebrate the new service launch were Mr. Sirote Vichayabhai, Executive Vice President of Corporate Banking 4 (Center), Mr. Rungsan Ongsaranakom, Executive Vice President of Client Coverage 4.1 (2nd from right), Mr. Thawee Poonlapmongkol, First Senior Vice President, Transaction Banking Solutions (right), Siam Commercial Bank and Ms. Thanida Suiwatana, CMO (2nd from left) and Mr. Supachet Phaovanit, VP of Payments (left) Lazada Thailand.. With direct Lazada Wallet top up service, customers will experience a new level of convenience, security, and speed, and will be eligible for many promotions. All these benefits will help boost the number of users even more.

This cooperation between SCB and Lazada is a sign of yet more progress for Thailand's e-commerce market following the earlier success of Thailand's first credit extension using Artificial Intelligence (AI) for merchants operating on Lazada's platform. Customers can enjoy increased financial flexibility and the ability to effectively promote their businesses on Lazada's platform by applying for loans online without any paper work hassles.

Latest Press Release

Fitch Downgrades CGS-CIMB TH to #A(tha)/F1(tha)#; Off Outlook Stable

Fitch Ratings (Thailand) has downgraded CGS-CIMB Securities (Thailand) Co., Ltd.'s (CGS-CIMB TH) National Long-Term Rating to 'A(tha)' from 'AA-(tha)' and National Short-Term Rating to 'F1(tha)' from 'F1+(tha)'. All ratings have been removed from Rating...

Commons Foundation Signs Contract for Blockchain Business Backed by the Paraguay Government

Combining Paraguay's low-cost and abundant electricity with the Commons Foundation's expertise in blockchain technology, the world's largest cryptocurrency mining center and global exchange is to be established. - The "Golden Goose" project will...

mai welcomes real estate developer CMC on November 19

Market for Alternative Investment (mai) will list Chaoprayamahanakorn pcl, a leading real estate developer onNovember 19, under the ticker symbol "CMC". The company has a market capitalization at its initial public offering (IPO) of THB 3.00 billion...

KTC - Chilito Mexican Grill - Farm Factory provide members special privileges for payments made using QR Pay in the KTC Mobile app.

Mrs. Pranaya Nithananon, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, provides KTC VISA and KTC MasterCard credit card members who make payments through KTC QR Pay in the "KTC Mobile" app worth Bt. 300 or more...

Photo Release: KBank opens new flagship branch and THE WISDOM Lounge at ICONSIAM

Mr. Wirawat Panthawangkul (3rd from left), KBank Senior Executive Vice President, and Ms. Chadatip Chutrakul (4th from left), Director of ICONSIAM Co., Ltd., and Chief Executive Officer of Siam Piwat Co., Ltd., participated in the opening ceremony of...

Related Topics