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Cashless travelling made easy

Dec 12. 2019
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By THE NATION

Kasikornbank (KBank) has teamed up with JCB and Singtel’s Via for Asia’s first cross-border mobile payment alliance and is offering a QR code payment service via its K Plus mobile banking application in Japan and Singapore.

The initiative aims to provide enhanced convenience for K Plus users when making payments abroad. 

By opting to pay via QR code with enhanced security, customers can go cashless when going abroad, with no more concerns about insufficient funds or leftover currency, especially foreign coins that cannot be exchanged for cash at home. 

Currently, there are more than 1,000 pay points in Japan, including outlets in Narita International Airport, Grandberry Park, Kirindo, Sugiyama Drugs, and other shops bearing the K Plus or Smart Code logos nationwide. JCB plans to expand its service up to 100,000 pay points by March. 

In Singapore, more than 800 pay points are available at 7-Eleven, Watsons, outlets in Jewel Changi Airport and at various tourist attractions – including China Town, Clarke Quay, Orchard Road, and Marina Bay – that display the Via logo.

The service does not require a minimum transaction amount. Customers can make payment up to Bt100,000/transaction/day without transaction fee, and check the payment amount in both Baht and foreign currencies with the exact conversion rate before confirming the payment to end any worries over currency fluctuations. 

Upon completing the transaction, customers will receive an e-Slip as an evidence of payment. They can also access information on their spending records any time via K Plus.

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