KBank app seeing 20 million transactions per day

MONDAY, APRIL 23, 2018
KBank app seeing 20 million transactions per day

Kasikornbank (KBank) said on Monday the number of daily transactions via its K Plus mobile application had reached 20 million. 

The bank is now expediting expansion of its K Plus customer base, targeting students and payroll customers. 
Partnership with large business conglomerates is also emphasised. 
KBank aims to have 10.8 million K Plus users by this yearend, president Patchara Samalapa said.
Since fees were cancelled for funds transfer, bill payment and top-ups, he said, K Plus has become the most-used app for financial transactions. 
In early April, the number of K Plus users surged 37 per cent year on year to 8.1 million. 
The number of all types of transactions via K Plus has reached a record high of 20 items per day, up 2.5 times the number in April 2017.