TrueMoney - Pay & Earn Coins

TrueMoney is Thailand’s leading payment application for all mobile network users. The all-in-one app lets you securely make cashless payments for all your everyday needs, including mobile top-ups, bill payments, online and offline purchases, and much more!

== Instant mobile top-up ==
Top-up your TrueMove H and Dtac prepaid numbers easily anytime and anywhere.

== Digital Lending made Easy ==
Secure legal loans effortlessly with rapid approval under the supervision of Bank of Thailand.

True Money work with 2 financial institution partners to offer 3 products:

Ascend Nano, part of TrueMoney's parent company
1. Personal Loan (name: Pay Next Extra)
Type of loan: Revolving credit
Credit limit: Up to 5x of monthly income
Interest rate: 0% - 25% APR
Repayment period: up to maximum of 48 months

2. Digital Personal Loan (name: Pay Next)
Type of loan: Revolving credit
Credit limit: Up to 20,000 THB
Interest rate: 0% - 25% APR
Repayment period: up to maximum of 5 months

Kiatnakin Phatra Bank
1. Personal Loan (name: KKP Cash Now)
Type of loan: Term loan
Credit limit: Up to 5x of monthly income
Interest rate: 8.99% - 25% APR
Repayment period: minimum 24 months to maximum of 60 months

--- Example of Loan total cost and installment calculation ---

Account Summary and due dates for personal loan of Ascend Nano -
Account Statement Date: The 15th of each month
Payment Due Date: The 1st of each month

Sample Scenario - The customer received a loan amount of 10,000 THB and conducted transactions. On March 12, the customer withdrew a loan amount of 2,500 THB in cash via a transfer to their TrueMoney Wallet account and selected a repayment plan of 5 installments with an interest rate of 24% per annum.

Interest Calculation (First Installment Only) from March 12 to April 1:- The monthly installment amount is 530.40 THB.
- Interest paid calculation = 2,500 x 24% x (20/365) = 32.88 THB
- Principal paid calculation = 530.40 - 32.88 = 497.52 THB
- Remaining principal amount = 2,500 - 497.52 = 2,002.48 THB

Interest Calculation (Second Installment Only) from April 2 to May 1:
- The monthly installment amount is 530.40 THB.
- Interest paid calculation = 2,002.48 x 24% x (30/365) = 39.50 THB.
- Principal paid calculation = 530.40 - 39.50 = 490.90 THB.
- Remaining principal = 2,002.48 - 490.90 = 1,511.58 THB

Interest Calculation (Third Installment Only) from May 2 to Jun 1:
- The monthly installment amount is 530.40 THB.
- Interest paid calculation = 1,511.58 x 24% x (31/365) = 30.81 THB.
- Principal paid calculation = 530.40 - 30.81 = 499.59 THB.
- Remaining principal = 1,511.58 - 499.59 = 1,011.99 THB.

Other fees for cash disbursement:
- Cash disbursement fees (TMN charge): 30- 300 THB based on cash disbursement amount

Example of disbursement fee:
- Cash disbursement amount <= 3,000 THB: Cash disbursement fees = 30 THB per transaction
- Cash disbursement amount 3,100-6,000 THB: Cash disbursement fees = 60 THB per transaction

== TrueMoney Secure ==
Pay with confidence knowing that your information is fully encrypted, secured and protected thru multiple layers of advanced security, including 24/7 real-time monitoring, face-verified technology and world-class data encryption standards

== Send & receive money with ease ==
Securely and instantly transfer money without fees between TrueMoney and enjoy convenient features such as gift envelopes, and link to pay

== Shop at 7-Eleven and other stores in Thailand and abroad without cash ==
Pay hassle-free at 7-Eleven, 7Delivery, Lotus's, and thousands of other merchants without cash
Pay in abroad at over 40 destinations. No need to exchange cash. Just open TrueMoney to pay.

== Buy games, apps, stickers, music ==
Connect your TrueMoney Wallet to the Play Store and buy apps, music, as well as buy items for all your favorite games with no fees

For any enquiries, please contact: 24/7 call-center (Tel: 1240) and in-app live chat.