TrueMoney - Pay & Earn Coins

True Money Co. Ltd.

About this app

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.

Ratings and reviews

After recent update, the app is no longer accessible. Please fix! I always do financial transactions on their service, but after updating the app to be the recent version because it no longer allows to do anything at all if without this new update for security comes with Butter Bear theme. The app keeps stopping. Now I'm no longer be able to access my fund on True money wallet. And customer service also hasn't been available all day long.

In my opinion a completely pointless application. Locals scan QR codes and pay directly from their bank. And foreigners cannot load the balance from a foreign bank or card. And don't even bother to load the balance with cash. Because the application allows you to do that but doesn't allow you to spend it without proving that you work in Thailand. So you only lose money. I don't understand who the target group is.

App is a patchwork kludge: slow unreliable and unintuitive. Support frequently required and they give inaccurate information. Foreigners are not allowed bank transfer so it's a dead end for cash. Forced to close my account to retrieve cash from my wallet. Thais are scammers.

What’s new

TrueMoney app just got better! Update now to enjoy the latest improvements.