TrueMoney - Pay & Earn Coins 5.65.0

TrueMoney is recognized as a leading payment application in Thailand, effectively catering to users across various mobile networks. This comprehensive app facilitates secure cashless transactions for a range of daily needs, including mobile top-ups, bill payments, and both online and offline purchases.

Instant Mobile Top-Up
Users can easily top up their TrueMove H and Dtac prepaid numbers anytime and anywhere, offering unparalleled convenience.

Digital Lending Simplified
TrueMoney provides easy access to secure legal loans with prompt approval under the oversight of the Bank of Thailand. Collaborating with two financial institution partners, TrueMoney offers the following products:

• Ascend Nano (a subsidiary of TrueMoney's parent company)
  • Personal Loan (Pay Next Extra)
    • Type: Revolving credit
    • Credit Limit: Up to 5x of monthly income
    • Interest Rate: 0% - 25% APR
    • Repayment Period: Maximum of 48 months
  • Digital Personal Loan (Pay Next)
    • Type: Revolving credit
    • Credit Limit: Up to 20,000 THB
    • Interest Rate: 0% - 25% APR
    • Repayment Period: Maximum of 5 months
• Kiatnakin Phatra Bank
  • Personal Loan (KKP Cash Now)
    • Type: 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 Cost and Installment Calculation
The account summary for an Ascend Nano personal loan is as follows:

• Account Statement Date: The 15th of each month
• Payment Due Date: The 1st of each month

A hypothetical scenario illustrates a customer receiving a loan amount of 10,000 THB. On March 12, the customer withdrew 2,500 THB in cash via their TrueMoney Wallet account and chose a repayment plan comprising five installments at an annual interest rate of 24%.

The following outlines the interest calculations for the first three installments:

• First Installment (March 12 to April 1):
  - Monthly Installment Amount: 530.40 THB
  - Interest Calculation: 2,500 x 24% x (20/365) = 32.88 THB
  - Principal Paid: 530.40 - 32.88 = 497.52 THB
  - Remaining Principal: 2,500 - 497.52 = 2,002.48 THB
• Second Installment (April 2 to May 1):
  - Monthly Installment Amount: 530.40 THB
  - Interest Calculation: 2,002.48 x 24% x (30/365) = 39.50 THB
  - Principal Paid: 530.40 - 39.50 = 490.90 THB
  - Remaining Principal: 2,002.48 - 490.90 = 1,511.58 THB
• Third Installment (May 2 to June 1):
  - Monthly Installment Amount: 530.40 THB
  - Interest Calculation: 1,511.58 x 24% x (31/365) = 30.81 THB
  - Principal Paid: 530.40 - 30.81 = 499.59 THB
  - Remaining Principal: 1,511.58 - 499.59 = 1,011.99 THB

Additional Fees for Cash Disbursement:
- Cash disbursement fees range from 30 -300 THB based on withdrawal amounts.

Security Measures at TrueMoney
The application prioritizes user security with comprehensive encryption standards and real-time monitoring to ensure data protection through advanced technological safeguards.

Easily Send & Receive Money
The platform allows for instantaneous and fee-free money transfers between TrueMoney accounts, alongside features such as gift envelopes and payment links for added convenience.

Cashless Shopping at Various Locations
TrueMoney facilitates cashless transactions at major retailers like 7-Eleven and Lotus's in Thailand and abroad, eliminating the need for currency exchange in over forty international destinations.

Diverse Purchase Options
The wallet allows users to connect with platforms like the Play Store to purchase apps and games without incurring additional fees.

If you have any inquiries or require assistance, TrueMoney offers a dedicated call center available at any time (Tel: 1240) along with live chat functionality within the app.