BANGKOK BANK HAS ISSUED 600,000 UNIONPAY-TPN DEBIT CARDS--CHARTSIRI SOPHONPANICH, PRESIDENT OF BANGKOK BANK WAS AWARDED THE SHANGHAI MAGNOLIA SILVER AWARD

SHANGHAI, China, Sept 15 (Bernama) -- 

 

Since this May, UnionPay International and Bangkok Bank have jointly issued 600,000 UnionPay-TPN card, which is Thailand's first local brand debit card. "Bangkok Bank has issued 14 million debit cards in all, and all of these cards are about to be converted to UnionPay standardized TPN cards." Chartsiri Sophonpanich, President of Bangkok Bank, introduced the other day. Mr. Sophonpanich has just been awarded Shanghai Magnolia Silver Award, which is to award foreigners who have made outstanding contribution to the socioeconomic development of Shanghai. This February, TPN (Thai Payment Network) which was built based on UnionPay technical standard went live. TPN was co-constructed by UnionPay International, Bangkok Bank and other local mainstream banks. Based on the system, Thailand built the debit card brand of its own, TPN, and began issuing UnionPay standardized UnionPay-TPN cards. In addition, Thailand is the first country outside mainland China that has adopted UnionPay standard as its chip card standard. These are all the milestones in realizing the interconnection between the two countries' payment industry. http://mrem.bernama.com/viewsm.php?idm=27523