Kasikornbank enables convenience for partner merchants through new mobile solution launch
Kasikornbank expects to win over around 20,000 card-accepting smart-phones and tablets in 2013, of the 50,000 additional merchants it aims to capture over a similar period.
Kasikornbank is one of the largest and most advanced banks in Thailand and a leading bank in the small and medium enterprises (SME) space. In order to provide greater convenience to its partner merchants, Kasikornbank introduced K-Merchant on Mobile which changes tablets or smart phones into credit card swiping devices.
With banks having to comply with Basel III next year, corporate lending will require higher Tier 1 capital. Banks can look to boosting lending to SMEs in order to maintain return on equity. Moreover,…
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, Mobile Banking
, Retail Banking
, Retail Payments
, Technology & Operations
, K-Merchant on Mobile