Bangkok, KTC, customers pay the minimum credit card payment from 5% to 8% , little impact, revealing NPL of 1.3% is low, believing " Easy E-Receipt" can stimulate spending. Mrs. Pranaya Nithananon, Chief Executive Officer of Credit Card Marketing, "KTC" or Krungthai Card Public Company Limited, mentioned the case where the Bank of Thailand (BoT) has issued credit granting guidelines. Responsibly and. Fair (Responsible Lending), effective from January 1, 2024, KTC has adhered to and complied with by providing complete, accurate and straightforward information to customers. To achieve spending as necessary Do not encourage excessive spending and can be repaid As for the case where credit card users have to pay more installments after the BoT adjusts the minimum payment rate criteria. From the current 5 percent to 8 percent from January 1, 2024 as well, for KTC, it was found that the majority of customers, 70 percent, paid in full. As for the remaining 30 percent of these customers, they choose to pay a minim um of 5 percent in a very small proportion. The number of non-repayable debts (NPL) of KTC credit card customers is 1.3%, lower than the NPL of the entire credit card industry at 2.7%. KTC places importance on maintaining debt quality in line with government policy. Give importance to solving debt both in the system and outside the system. As for the "Easy E-Receipt" measure to support domestic consumption in early 2024, it is estimated that it will greatly stimulate spending. Last year, when the government issued measures to have a good shopping, have a good night. As a result, the amount of KTC credit card spending increased by 25%, which is considered to be at a high level. In addition, KTC has also launched the "KTC Digital Credit Card" (KTC DIGITAL CREDIT CARD), an innovation of more advanced security for the first time in Thailand. Answer customer needs It was found that spending through online channels has continued to increase. At present, the total proportion of online spending transactions is appr oximately 55% of the total credit card spending transactions in the entire portfolio. But still concerned about the safety of using the card that must be filled in with important information on the front of the card for online stores or when you have to submit your card to merchants in the case of paying for goods and services By such card you can 1) Digital First: Members can spend immediately after receiving approval for spending via online channels. Including scanning to pay with QR Pay and linking cards to payment systems on various devices such as Google Pay or Swatch Pay, etc. 2) Dynamic CVV, the number on the back of the card. that is the security code It changes every time it is requested. And can be used within 24 hours per 1 request (with no limit on the number of requests) to build confidence for members when spending via online channels or linking cards. at the online store with the number on the back of the card (CVV) to confirm payment for goods or services 3) Numberless Card, a clear, transl ucent plastic card. There is no number on the front of the card. and without magnetic stripe to enhance safety Don't have to worry about your personal information on the front of your card being stolen. Current customers can apply through the KTC Mobile app or those interested can apply through the KTC website or at the KTC LINE Official account (@ktc_card) from 4 Jan. 2024 onwards. The goal is to have a number of holders "KTC Digital Credit Cards" totaling 100,000 cards by the end of this year. Source: Thai News Agency