Showing 1 - 6 of 6
BoT gives nod to inter-bank bill pay
Business, Pawee Sirimai, Published on 18/11/2017
» The Bank of Thailand has permitted banks to launch cross-bank bill payment through the PromptPay service, with lowered fees of up to five baht per transaction for those made online and at ATMs, while credit-card-based quick response (QR) code payment is expected to be introduced commercially by the first quarter of next year.
Unlocking your home's equity
Business, Pawee Sirimai, Published on 06/11/2017
» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.
User base of TMB Touch forecast to double
Business, Pawee Sirimai, Published on 15/09/2017
» TMB Bank, the country's seventh-largest lender by assets, predicts the number of users for its mobile application, TMB Touch, will double to 2 million by mid-2018 with the advent of the digital age.
BoT unveils SME forex option contract
Business, Pawee Sirimai, Published on 18/08/2017
» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.
PromptPay picks up among consumers
Business, Pawee Sirimai, Published on 08/02/2017
» PromptPay's consumer-to-consumer (C2C) platform, an electronic funds transfer service under the national e-payment scheme, got off to a tepid start but usage is on the rise.
Minding one's mortgage
Business, Pawee Sirimai, Published on 07/11/2016
» For many people, buying a home means taking out a mortgage that can end up being a lifetime financial burden, especially for those who get stuck in the rut of monthly minimum payments.