KTC Unveils Surge in Online Spending as Shopping and Food Delivery Skyrocket

Stocks News Tuesday March 25, 2025 13:59 —PRESS RELEASE LOCAL

KTC Unveils Surge in Online Spending as Shopping and Food Delivery Skyrocket

Mr. Nattasit Soontranu, Head of Credit Card Marketing Division at Krungthai Card Public Company Limited (KTC), reported findings from a 2024 survey on online shopping and food delivery among KTC cardmembers, stating: "Shopping via KTC credit cards on e-commerce platforms Shopee, Lazada, and TikTok Shop was ranked 3rd in total KTC credit card spending, with customers averaging 5 online shopping transactions per person per month. In this second quarter, KTC has prepared special online shopping promotions: members who use KTC VISA credit cards to pay in installments via Shopee will receive up to 1,500 baht discount per transaction from 1 April 2025 to 30 June 2025, while those who shop via Lazada with full payment will receive up to 1,000 baht discount per transaction from 1 April 2025 to 30 September 2025."

"For the food delivery category, which includes Grab, LINE MAN, foodpanda, Shopee Food, and Robinhood, the number of KTC credit card transactions grew by 18% in 2024, with Grab and LINE MAN seeing significant growth. Customers used KTC credit cards for an average of 9 delivery transactions per month, and over 85% of members who spend in this category continue to use KTC credit cards every month."

"An analysis of KTC members' online spending behavior reveals similarities between online shopping and food delivery users. They are Smart Users who seek discounts, spend on online transactions frequently, know how to collect promo codes, and plan their spending wisely. To add value for these savvy shoppers, KTC and VISA are offering value discount codes year-round encouraging continued use. Most importantly, customers can always choose the 'KTC VISA credit card' as their go-to option for online spending to unlock exclusive offers. VISA is pleased to provide exciting privileges throughout 2025."

KTC also has a special promotion for delivery services. Grab: Get up to 800 baht discount per month from 1 April 2025 to 29 June 2025. LINE MAN: Get up to 360 baht discount per month from 1 February 2025 to 31 July 2025. For more details on the promotion, click: www.ktc.promo/VISA

To apply for any KTC credit card, please visit https://ktc.today/apply-card. To apply for the 'KTC PROUD' Cash Card, click the link: https://ktc.today/KTC-PROUD or contact KTC PHONE 02 123 5000, or visit any "KTC TOUCH" branches nationwide. It is advisable for credit cardholders to use their cards responsibly and repay the full amount by the due date to avoid a 16% annual interest rate. 'KTC PROUD' Cash Card holders are advised to borrow only what is necessary and ensure prompt repayment.

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