KTC observed that merchant acquiring business has experienced continuous growth resulted by the economic recovery. Therefore, KTC accelerated in our digital payment system development to increase opportunities and income for targeted entrepreneurs. Key propositions are safe, fast, and stable, plus 24-hour money transfer . It is expected that credit card acquiring business volume grows by 20% this year as planned.
Ms. Naowarat Keratikasemsook, Head of Merchant Acquiring "KTC" or Krungthai Card Public Company Limited stated, "The numbers of KTC Merchant Acquirers this year (January - November 2022) increased by 19.6% compared to last year. The COVID-19 situation has been a factor that accelerates more consumers to move into the cashless society. We have seen a continuous upward trend for both offline and online payments. Hence, if merchants can adapt and offer online and offline payment acceptance services (omni channel), they they will be exposed to extensive business opportunites. Merchant acquiring is expected to increase more in the 4th quarter due to gradual economic recovery. The festive season will also generate higher sales to merchants and result in KTC's growth by 20% in accordance with our goal at the end of 2022."
"KTC has been studying and developing our merchant services continuously to accommodate business owners' needs and increase sales opportunities via six services types as follows:
Mr. Thanee Narkkeyoon, Head of Online Merchant Acquisition Management Division "KTC" or Krungthai Card Public Company Limited said, "Online payment technologies are more convenient and come in various forms. Online shipping devices are also changed; more than half of transactions are from smartphones and tablets. Merchants should look for suitable online payment platforms for customers to choose. KTC Payment Gateway is another option meeting the requirements of online merchants and entrepreneurs in large businesses with 3 strengths (3S), which attract merchants to use the services; that is, Service that meets the merchants' needs with the fastest fund transfer to their accounts within 1 day compared to other service providers. 24/7 service is the most important for 24-hour online shopping. KTC also offers consultations on business expansion such as new website launches, etc. Stability is essential to online transactions. The unstable system has much impact on merchants' businesses. So KTC has continuously invested in basic structure system development to give a good experience to merchants and consumers. Secure is the key factor for financial services that KTC always takes priority to ensure merchants' and customers' security. KTC has been certified for international standards transaction security from various institutions e.g, Card scheme, ISO, and PCIDSS, the highest standard for data management used in the credit card industry."
"KTC also has an aftersales service team to support merchants and advise them with our skillful staff for 24 hours service. We have Fraud & Prevention team who has monitored and prevented any possible damage to merchants and supported transaction security for customers. Any merchant interested in KTC Merchant Acquiring service, please apply at www.ktc.co.th/ merchant or contact Call Center for KTC Merchant Tel. 0-2123-5700 24 hours every day."