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
Data safety
Safety starts with understanding how developers
collect and share your data. Data privacy and security practices may vary based
on your use, region, and age. The developer provided this information and may
update it over time.
Whats New
TrueMoney app just got better! Update now to enjoy the latest improvements.
