# K PLUS (Kasikornbank)

> Source: https://docs.barcoder.ai/docs/wallets/k-plus
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [K PLUS — official](https://www.kasikornbank.com/en/personal/digital-banking/kplus/)

## Overview

**K PLUS** is **Thailand's #1 mobile banking platform**, operated by **Kasikornbank (KBank)** <sup>[1][1], [2][2], [Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup>. **2025 forecast: 23.9 million users + 30% Thai market share** — up from 16M baseline reported in 2018 Asian Banker coverage.

**Distinctive K PLUS dominance**: **more than 1 in 3 online transactions in Thailand take place on K PLUS** <sup>[3][3]</sup>. **2025 international expansion**: bank seeks expansion in **China + Vietnam + Indonesia**; **K+ Go Inter** feature enables **scan-and-pay across 47 countries** — Thai-tourists-abroad gateway.

**Thai macro context**: K PLUS sits atop Thailand's strong national-payments-rail stack ([PromptPay QR](https://docs.barcoder.ai/docs/standards/promptpay-qr) + [Thai QR](https://docs.barcoder.ai/docs/standards/thai-qr)) — making it the most dominant single-bank app in Thai digital banking.

## History

**2017 — K PLUS launches** <sup>[2][2]</sup> by KBank as flagship mobile banking platform.

**2018 — 16 million users** <sup>[4][4]</sup>.

**2024 forecast — 22.9M users**; **2025 forecast — 23.9M users (+1M)** with **30% Thai market share** <sup>[3][3]</sup>.

**2025 — K+ Go Inter expansion to 47 countries** <sup>[5][5]</sup>: Thai-tourists-abroad scan-and-pay.

## Ownership & operator

**Operating entity**: **Kasikornbank Public Company Limited (KBank)** — Thailand's #2 bank (SET: KBANK).

**Parent group**: **Kasikornbank Group**.

**Regulator**: **BoT (Bank of Thailand)** via KBank banking license.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | K PLUS mobile app (iOS + Android) + KBank cards + KBank ATMs + merchant QR |
| **Identifiers** | Phone + QR + card number + PromptPay ID |
| **TH national rails** | **[Thai QR](https://docs.barcoder.ai/docs/standards/thai-qr)** + **[PromptPay QR](https://docs.barcoder.ai/docs/standards/promptpay-qr)** (BoT instant payments) |
| **Cross-border (K+ Go Inter)** | 47 countries scan-and-pay (Thai tourists abroad) |
| **Strategic expansion (2025+)** | China + Vietnam + Indonesia |
| **License** | Bank (KBank-operated) |

## Users & growth

**2025 baseline** <sup>[3][3]</sup>:
- **Users forecast**: 23.9 million (+1M from 22.9M in 2024)
- **Market share**: 30% of Thai mobile-banking
- **Online-tx share**: >1 in 3 Thai online transactions on K PLUS
- **K+ Go Inter**: 47-country scan-and-pay coverage

**2018 baseline** <sup>[4][4]</sup>: 16 million users.

## Use cases

Thai retail banking + savings + cards + loans; P2P transfers via PromptPay; merchant QR payments via Thai QR; cross-border tourist scan-and-pay (K+ Go Inter 47 countries); bill payments + utilities + e-commerce checkout.

## Implementations & partners

**Operator**: **Kasikornbank (KBank)** — Thailand's #2 bank.

**Major Thai mobile-banking competitors**:
- **SCB EASY** (Siam Commercial Bank)
- **Bualuang mBanking** (Bangkok Bank)
- **TTB Touch** (TMBThanachart)
- **Krungsri Mobile App** (Bank of Ayudhya)
- **[TrueMoney](https://docs.barcoder.ai/docs/wallets/truemoney)** (CP Group + Ascend Money) — wallet, not mobile-banking app

**Regulator**: **BoT**.

## Fun facts

- **2017 launch by KBank** as flagship mobile-banking platform.
- **>1 in 3 Thai online transactions on K PLUS** — extraordinary dominance.
- **2025 forecast: 23.9M users + 30% market share**.
- **K+ Go Inter** — 47-country scan-and-pay for Thai tourists abroad.
- **2025 international expansion strategy**: China + Vietnam + Indonesia.
- **2018 launch baseline**: 16M users → 23.9M (2025) = +49% growth.

## Comparison

| Feature | K PLUS | SCB EASY (TH rival) | [TrueMoney](https://docs.barcoder.ai/docs/wallets/truemoney) (TH wallet) | [Bangkok Bank](https://docs.barcoder.ai/docs/wallets/bangkok-bank) / [PromptPay QR](https://docs.barcoder.ai/docs/standards/promptpay-qr) (TH analogous rails) | [MAE (Maybank E-Wallet)](https://docs.barcoder.ai/docs/wallets/mae-maybank) (MY analogous largest-bank app) |
|---|---|---|---|---|---|
| Operator | **Kasikornbank (KBank; TH #2 bank)** | Siam Commercial Bank (SCB) | TrueMoney (CP Group + Ascend Money) | Bangkok Bank / BoT | Maybank (MY largest bank) |
| Type | **TH #1 mobile-banking platform** | TH #2 mobile-banking | TH wallet + SEA cross-border | TH national instant payments | MY bank-integrated e-wallet + mobile banking |
| Country | Thailand | Thailand | 6 SE Asian | Thailand | Malaysia |
| Users | **23.9M (2025 forecast) + 30% TH market share** | Major TH | 27M+ TH | National rail | 10.7M MAU + 48% MY market share |
| Distinctive | **>1 in 3 TH online txn on K PLUS; K+ Go Inter 47 countries; 2025 CN/VN/ID expansion** | SCB-Big-Four anchor | SEA cross-border + CP Group ecosystem | BoT national rail | RM4T+ Maybank digital tx since 2020 |

## Status

**Active, Thailand's #1 mobile-banking platform** <sup>[3][3]</sup>:
- **K PLUS (Kasikornbank)** since 2017.
- **2025 forecast: 23.9M users + 30% TH market share**.
- **>1 in 3 TH online transactions on K PLUS**.
- **K+ Go Inter 47-country scan-and-pay**.
- **2025 international expansion**: China + Vietnam + Indonesia.
- **BoT-regulated**.

## Sources

[1]: https://www.kasikornbank.com/en/personal/digital-banking/kplus/Pages/index.aspx "K PLUS — official"
[2]: https://knowledge.antom.com/understanding-k-plus-payment-in-thailand "K PLUS payment understanding — Antom"
[3]: https://www.brandbuffet.in.th/2024/12/kasikornbank-expects-k-plus-users-to-reach-23-9-million-in-2025/ "K PLUS 23.9M 2025 forecast — Brand Buffet"
[4]: https://www.theasianbanker.com/press-releases/kasikornbanks-k-plus-records-16-million-mobile-banking-users "K PLUS 16M users 2018 — Asian Banker"
[5]: https://en.moneyandbanking.co.th/2025/166782/ "K+ Go Inter 47 countries — Money & Banking"
[th-cro]: https://docs.barcoder.ai/docs/payments/TH

- [1] [K PLUS — official][1]
- [2] [K PLUS payment understanding — Antom][2]
- [3] [K PLUS 23.9M 2025 forecast — Brand Buffet][3]
- [4] [K PLUS 16M users 2018 — Asian Banker][4]
- [5] [K+ Go Inter 47 countries — Money & Banking][5]
- <sup>[Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup> In-corpus: `reports/countries/TH-thailand.md`

## Source

Biography extracted from [k-plus.md](https://docs.barcoder.ai/source/wallets/k-plus). See `matrix.md` for standards-support matrix if present.