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Search Result for “magnetic-stripe cards”

Showing 1 - 10 of 19

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BUSINESS

Jailbroken phones slapped with ban

Business, Somruedi Banchongduang, Published on 21/12/2019

» Around 10,000 mobile phones that have been jailbroken or have outdated operating systems will be banned from making mobile banking transactions, starting from May 1, 2020, as part of the central bank's efforts to upgrade security for mobile banking.

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BUSINESS

Central bank pushes chip-based cash cards

Business, Somruedi Banchongduang, Published on 18/09/2019

» The Bank of Thailand has urged holders of 20 million magnetic-stripe ATM and debit cards to change to chip-based cards by year-end to avoid being unable to use the cards after Jan 16, 2020.

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BUSINESS

Magnetic card cancellation delay planned

Business, Somruedi Banchongduang, Published on 05/09/2019

» The Thai Bankers' Association (TBA) plans to seek the central bank's approval to put off the regulator's deadline to cancel the use of magnetic-stripe ATM and debit cards until early next year from the end of this year.

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THAILAND

Two Chinese held for suspected card forgery

Chaiyot Pupattanapong, Published on 12/01/2019

» CHON BURI: Two Chinese men have been arrested and many fake electronic cards and other items seized during a raid on a house in Pattaya they rented as a base allegedly to forge the cards.

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BUSINESS

Banks adopt PromptCard

Business, Somruedi Banchongduang, Published on 04/05/2017

» Four banks -- Siam Commercial Bank, Thanachart Bank, Citibank, and UOB Thai -- are set to launch a co-badged PromptCard debit MasterCard, which will allow cardholders access to debit networks provided by National Interbank Transaction Management and Exchange (National ITMX) locally and Mastercard internationally.

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BUSINESS

MasterCard: 'Selfie pay' coming soon

Business, Somruedi Banchongduang, Published on 17/11/2016

» NEW YORK/ST LOUIS: MasterCard plans to commercially launch "selfie pay" in Asia-Pacific markets next year in an effort to improve identity verification, security and convenience for online payments.

BUSINESS

KBank eager to maintain grip on debit card market

Business, Somruedi Banchongduang, Published on 16/08/2016

» Kasikornbank (KBank) expects 25% growth in debit card spending this year as it seeks to maintain leadership in the business.

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BUSINESS

UnionPay optimistic on Thai expansion

Business, Somruedi Banchongduang, Published on 22/06/2016

» UnionPay International, a provider of plastic card payment systems, has set an ambitious growth target for the Thai market, which will be supported by the national e-payment scheme.

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THAILAND

Chip bank cards the rule in 2019

Business, Somruedi Banchongduang, Published on 05/05/2016

» Some 60 million magnetic-stripe ATM and debit cards issued by local commercial banks and circulating in the market will be upgraded to chip-embedded cards by the end of 2019, says a senior central bank official.

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BUSINESS

Banks to issue chip cards from May 16

Business, Published on 18/04/2016

» Mandatory chip-embedded card issuance for debit and ATM cards will come into effect on May 16 nationwide in a move aimed at enhancing financial security, says a senior Bank of Thailand official.