KASIKORNBANK (KBank) is making greater inroads into the international travel market after many countries have reopened their borders to tourists. To this end, KBank has partnered with UnionPay International (UPI), a leading payment services provider, to offer K PLUS users greater convenience in making QR cross-border payments at more than 30 million merchants in more than 40 countries\/regions worldwide. Aside from the ease of not having to carry cash when travelling, K PLUS users making QR cross-border payments will enjoy the reasonable forex rate, with no service fees or minimum spending amount required, while they can also spend up to 100,000 Baht per day. <\/p>\n\n\n\n
Dr.\u00a0Pipatpong Poshyanonda<\/strong>, KBank President,\u00a0said that customers have become more familiar with cashless and contactless payment.\u00a0The number of QR Code payment transactions via K PLUS has\u00a0grown at a leaping pace in recent years.\u00a0In March 2022,\u00a0such transactions in Thailand totaled more than 38 million, a 9.7-fold increase over the figure reported before the emergence of COVID-19 in March 2020.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n\n\n\n KBank\u2019s cooperation with UnionPay\u00a0\u2013\u00a0the world\u2019s leading payment services provider\u00a0\u2013\u00a0has played an important role in the Bank\u2019s strategy to enhance the potential of K PLUS\u00a0with respect to cross-border payment services, which are responsive to flourishing tourism activities worldwide as more countries have opened\u00a0their borders to visitors.\u00a0The launch of\u00a0QR cross-border payment on K PLUS via UnionPay<\/strong>\u00a0will offer more convenience and security for the 18 million users of K PLUS who will no longer have to carry or exchange cash during their trips.\u00a0Pay points are available at more than 30 million merchants in more than 40 countries\/regions\u00a0worldwide that are favored tourism destinations, for example, the US, the UK, China, South Korea, Singapore, Japan and Malaysia.\u00a0For customers without credit cards or debit cards, this feature will provide them a new payment option.\u00a0\u00a0<\/p>\n\n\n\n Huiming Cai<\/strong>, General Manager, UnionPay International Southeast Asia\u00a0said\u00a0\u201cK PLUS is the number one Mobile Banking in Thailand, used by over 18 million in the kingdom.\u00a0We couldn\u2019t\u00a0be more pleased that the users of K PLUS can now make UnionPay QR Code payment in more than 40 markets outside Thailand and around the world.\u00a0The timing of this launch is perfect, when borders are opening up and when Thai people are starting to travel again, especially to their favorite destinations like Japan, Singapore, South Korea, The UK, and The USA, just naming a few.\u00a0When traveling in these markets and more, K PLUS users can simply use their Mobile Banking to scan UnionPay QR Code at merchant payment terminals, leaving behind clunky foreign currency notes and coins.\u00a0I am also heartened that our launch today represents a deepening of relationship with KBank, our long standing partner in Thailand, who already issues a wide range of UnionPay Debit and Credit cards.\u00a0I am sure today\u2019s launch marks the beginning of more collaboration with KBank to come, to meet the changing payment needs of Thai people and businesses.\u201d\u00a0<\/p>\n\n\n\n QR\u00a0cross-border\u00a0payment via K PLUS is easy, convenient and secure, with no fees or minimum amount required, while the maximum spending amount is 100,000 Baht per day.\u00a0Simply follow these payment methods:\u00a0<\/p>\n\n\n\n KBank has partnered with UnionPay International (UPI), a leading payment services provider, to offer K PLUS users greater convenience in making QR cross-border payments at more than 30 million merchants in more than 40 countries\/regions worldwide.<\/p>\n","protected":false},"author":8,"featured_media":68165,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[117],"tags":[4269,13484],"class_list":["post-68163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","tag-k-plus-2","tag-unionpay-2"],"yoast_head":"\n