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JCB accelerates economic activity in Thailand

Mar 20, 2019

Bangkok (Thailand), Mar 20 (ANI): Economic growth in Thailand is gaining momentum every year as the standard of living of the people has been changing. Also, people are having many choices in terms of payment methods. Hoping to benefit from such a situation, “Siam Commercial Bank” (SCB), a leader of the banking business in Thailand, and JCB International announced the official launch of “SCB JCB Platinum Credit Card” issuing in Thailand. JCB card is today issued in 23 countries and regions with more than 123 million card members, and is accepted by merchants around the world. In Thailand, digital transaction has increasingly replaced cash payment during the past decade. However, it is still a lot popular to carry cash for shopping and payment while it is in the middle of an evolution toward a "cashless society". The launch of a new credit card is one of the steps for both the companies. “Siam Commercial Bank” (SCB) is the first partner for JCB in Thailand and has been supporting the business in the market ever since the payment by credit card and debit card started to displace the use of cash. JCB entered the Thai market in 1989. With a strong presence of JCB merchants across the Asia Pacific, JCB cards are today used by many card members and shops in Thailand. The collaboration of both reliable companies in Thailand is expected to create a synergistic effect in the market. “SCB JCB Platinum Credit Card” comes with special privilege to create the ultimate dining, traveling, and shopping experiences in Thailand. The strong partnership between “JCB” and “Siam Commercial Bank” continues to contribute to the improvement and renewing of payment method with many conveniences.