Bangkok, December 30, 2020 – dzcard, the largest smart cards manufacturer in South-East Asia, has been chosen by Kasikornbank (KBank) to deliver its fast, convenient and secure contactless EMV debit cards. KASIKORNBANK (KBank), one of the leading financial conglomerate in Thailand, is partnering with LINE to offer consumers the chance to save time and money when shopping with speedy transactions, using dzcard’s proven contactless EMV cards.
dzcard has a long-standing relationship with KBank. By creating a joint-venture with LINE - LINE BK -, KBank reaches the forefront of the country’s very competitive contactless payment market. By launching the LINE BK Debit Cards, KBANK is proposing a set of debit cards that targets the tech-savvy, young LINE users by offering multiple privileges for online spending and contactless payment.
KBank’s customers can choose from four different, very innovative card designs that are featuring three LINE FRIENDS characters (Brown, Cony and Sally). The LINE BK Debit Cards are linked to LINE app to allow a complete range of online transaction directly from within the app. The cards are also packed with benefits: consumers enjoy significant discounts when shopping with popular online platforms such as Shopee, Lazada, Grab or Agoda, etc., get e-Coupons from several top brands, receive 0.5% credit cashback from every online purchase (minimum 100 baht spending) and receive up to 1.5% of interest rate on their savings.
“This is yet another big move from KBank. This partnership with LINE, the biggest social network in Thailand with more than 47 million users, is creating a big impact in the Thai’s banking market,” said Teerasade Phutthichotiruksa, Managing Director of dzcard greater South-East Asia. “By introducing LINE BK Debit Cards, KBank is simply launching the very first full social banking service in Thailand,” he added.
“The innovative design of the cards is in line with dzcard’s approach to consistently suit its technologies to the very specific needs of local markets,” explained Teerasade Phutthichotiruksa, Managing Director, greater South-East Asia for dzcard. “With its transparent feature, the LINE BK Debit Card presented a real challenge for us. dzcard is very proud to have been selected by KBank to produce one of the most difficult product we have ever rolled out. These innovative cards demonstrate our ongoing commitment to using materials and production processes that pushes the limit of what the industry is used to propose.”
dzcard is the leading smart cards manufacturer in South-East Asia and Africa. dzcard is securing everyday lives in a connected world.
dzcard aims to provide solutions to the increasingly complex and fragmented digital lives by securing transactions, protecting identities and ensuring connections. It is empowering payment, fintech’s, telecom and governmental institutions with trustworthy product & solutions.
dzcard is a fully integrated company and offer an entire range of products, cards, packaging, personalisation, digital solutions and encrypted authentication.
The company has more than 1,000 collaborators, operations in 3 continents. With 2 factories and 5 scheme certified personalisation centres, dzcard is delivering its solutions to clients all around the globe.
dzcard media contact:
+66 2 705 1939
About KASIKORNBANK (KBank)
KBank is a Thailand-based commercial bank conducting businesses through a network of branches covering all parts of Thailand and certain cities overseas. Kbank provides commercial banking services including personal and commercial banking, international trade, as well as investment banking services, to its customers throughout Thailand. KBank operates an extensive branch network nationwide. Currently, KBank has 886 branches and 10,973 self-service channels in Thailand. In addition, the KBank international network now includes 16 establishments in 8 countries, with operations and services centralized at the Head Office.
For more information, visit www.kasikornbank.com
About LINE Corporation
Based in Japan, LINE Corporation is dedicated to the mission of “Closing the Distance,” bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more. In Thailand, LINE introduced its messenger service in 2012, and quickly grew into the country’s leading social media platform.
For more information, visit https://linecorp.com/en/
About KASIKORN LINE company
KASIKORN LINE is a joint venture between KASIKORN Vision Company Limited, a subsidiary of KASIKORNBANK, and LINE Financial Asia, a subsidiary of LINE Corporation. The company focuses on the offering of new innovative business models and experiences to create financial solutions that are more engaging, social, secure and easy to use.
For more information, visit www.linebk.com