Krung Thai Bank Teams With InterGold for Automated Gold Trading Payments
Krung Thai Bank has partnered with InterGold Gold Trade to launch an automated gold trading payment system via the Krungthai NEXT app, allowing customers to buy gold bars through automatic account debits without manual transfers.
InterGold Gold Trade has partnered with Krung Thai Bank to develop a digital payment solution using API Direct Debit, linking automatic deposit account debits through the Krungthai NEXT app.
Theeraphath Chudavarakul, managing director of InterGold Gold Trade, revealed that the company is expanding payment channels through Krung Thai Bank's automated direct debit system to offer maximum convenience for digital-age investors, allowing them to save and buy gold bars online more easily and quickly without worrying about manual transfers.
The service is designed to support modern investment trends emphasizing simplicity, consistent dollar-cost averaging (DCA), and advanced security, marking an important step in driving Thailand toward accessible smart investment practices.
Anchalee Charasyotwutchchai, assistant managing director of Krung Thai Bank, stated that the partnership demonstrates the bank's readiness to deploy API Direct Debit services to enhance payments for gold trading and savings, enabling transactions around the clock.
Customers can register and authorize account debits through the Krungthai NEXT application, after which the system will automatically debit from their Krung Thai account, reducing transaction steps, improving payment flexibility, and supporting real-time investment.
The partnership also reinforces the bank's role in advancing digital payment infrastructure, enhancing the user experience for online transactions and investments, and supporting the growth of digital businesses with tailored financial solutions aligned with the bank's vision of "60 Years of Krung Thai: Every Step for a Million Futures."