KTC partners with MASTERCARD to launch the first "KTC PROUD MASTERCARD" Cash Card in Thailand

Wednesday 01 June 2022 17:30
KTC partners with MASTERCARD, a global technology company in the payments industry with connections across more than 210 countries and territories around the world, to raise the standards and establish a new dimension with the first "KTC PROUD MASTERCARD" Cash Card in Thailand, complete with Swipe-Transfer-Withdraw-Pay functions. The new card consists of superior outstanding features allowing cardmembers to swipe the card to pay for products around the world; shop online at any store, anywhere, anytime; transfer money through the app; withdraw cash from ATMs 24 hours a day, and pay in 0% interest installments for up to 24 months at participating stores, with a distinctive modern card design that is in line with the lifestyle of the new generation. Apply today until December 31, 2022, to enjoy double privileges: Up to a discount of 1,450 baht for online purchases at participating store, get free various discounts when enjoying food via leading food delivery services and cash back via the "KTC Mobile" application KTC set a target of 106,000 new card applications for this year.
KTC partners with MASTERCARD to launch the first KTC PROUD MASTERCARD Cash Card in Thailand

Ms. Phichamon Jitpentham, Senior Vice President - Personal Loans, "KTC" or Krungthai Card Public Company Limited, reveals, "KTC has been providing personal loan services for over 16 years. 'KTC PROUD' Cash Card is a loan product that has been well trusted by consumers with a current member base of 753,621 accounts and a port of receivables of 29,125 million baht (as of March 31, 2022). Although we faced an economic slowdown and challenges from various restrictions, KTC continued to operate its businesses with a mission to expand and maintain the quality of the port of receivables, alongside taking care of members to keep them happy and constantly fulfilling their valuable lives."

"Today, KTC wants to support Thai people and 'KTC PROUD' cardmembers to live life to the fullest without interruption by joining forces with MASTERCARD to launch a new 'KTC PROUD MASTERCARD Cash Card' that meets the needs of cardmembers. It all starts with a modern vertical card design befitting the digital age and ready-to-use Swipe-Transfer-Withdraw-Pay functionalities supporting a large network of over 80 million Mastercard merchants worldwide. These features enable cardmembers to use the 'KTC PROUD MASTERCARD Cash Card' more conveniently and pose a solution for consumer behavior in the COVID era that prioritise convenience, safety, and no contact. Cardmembers can shop online at any store, anywhere, anytime, transfer money in real-\time via the 'KTC Mobile' app to up to 12 bank accounts, and withdraw cash from ATMs 24 hours a day, free of charge. In addition, cardmembers enjoy 0% interest installments up to 24 months at participating stores."

Ms. Aileen Chew, Country Manager, Thailand and Myanmar, Mastercard says "Mastercard is definitely proud to partner KTC for the launch of the KTC PROUD MASTERCARD Card. KTC PROUD cardholders can now enjoy unparalleled access to over 80 million Mastercard merchants worldwide, making payments in a convenient, safe and secure transactions - whether online, overseas or via Mastercard's Tap&Go contactless technology. In addition card holders will be able to enjoy Mastercard's Priceless Specials with benefits for online shopping, travelling, dining and entertainment options worldwide."

Ms. Phichamon, adds, "those who apply and get their 'KTC PROUD MASTERCARD' Cash Card approved today until December 31, 2022, enjoy special privileges as follows: 1) Get free various discounts when enjoying food via leading food delivery services such as GrabFood, LINEMAN, Foodpanda, and 2) Get up to a 1,450 baht discount by shopping online at participating merchants including Shopee get a 180 baht discount upon a minimum spend of 1,499 baht per transaction and the usage of the KTCMC180 discount code before payment, get a 1,000 baht discount upon a minimum spend of 14,999 baht per transaction and the usage of the KTCMC1000 discount code, and get up to a 150 baht discount every Monday (start from 12:00 p.m.), and 3) Get 70 baht cash back via the "KTC Mobile" app upon a minimum spend of 500 baht per transaction find more privileges details on www.ktc.co.th/promotion."

"KTC PROUD MASTERCARD' Cash Card applicants must have Thai nationality, be 20 years of age, and are employed at private companies, government agencies or state enterprises with a minimum earning of 12,000 baht/month. We hope that the launch of this Cash Card in collaboration with MASTERCARD will be an opportunity to further expand our loan membership base. On this note, KTC has organized a campaign that lowers the installment interest to only 0.92% per month up to 60 months for newly approved cardmembers, to help relieve the interest burden for 'KTC PROUD' cardmembers."

For more information, please contact KTC PHONE 02 123 5000 press 6 and 2 or apply for a "KTC PROUD" Cash Card at any "KTC TOUCH" branches nationwide or click the link: https://ktc.today/PROUD-Mastercard-Apply.

Source: Krungthai Card