Krungsri Payment Gateway

Increase your business opportunities and expand your sales channel around the world with Krungsri Payment Gateway service for 24/7 online stores

Service

Grow your e-commerce business with confidence by using Krungsri Payment Gateway service with our world-class cash collection technology, equipped with the anti-fraud and global data network to ensure security, efficiency and user-friendliness.

1. Global Payment System

World-class Payment Gateway service with PCI-DSS standards
Service available for 13 currencies i.e. USD, EUR, GBP, JPY, SGD, HKD, AUD, CHF, CNY, DKK, NOK, SEK and THB
Collect payment of products/services on merchant’s online store through Visa, MasterCard, and JCB credit cards issued by all financial institutions around the world for 24 hours a day
Service available for registered card (Verified by Visa (VbV), MasterCard SecureCode)

2. Fraud Management

Compare fraudulent transactions against the largest credit card database
Immediate report on any detected frauds
Compare payment details against Visa database
Fraud Blocking: Merchants can choose not to reject transactions from countries with high risk of credit card frauds
ID Morphing Detection

3. Reliability

24-hour payment collection with 99.9% up time
Three servers located in 3 continents around the world can substitute one another if necessary.
Merchants are provided with User ID & password for system log-in to verify each collected payment. Settlement is made immediately on the next working day.
Merchants can design payment collection page to match their business and website theme.

4. Payment Tokenization

Provide fast and easy online shopping experience
The system records customer’s data for undisrupted shopping without the need to repeat information filling.
Advanced data protection technology to prevent data theft

Membership entrance fee : THB 5,000/ Merchant ID
Membership annual fee : THB 25,000/ Merchant ID (except in case the total sales volume settlement exceeds THB 1,000,000/Year)
3-5% fee per each purchase amount
Merchant is required to place minimum guarantee deposit in the Krungsri account tied to the service (minimum THB 200,000). The minimum guarantee is determined based on various factors, including type of business, products, price and operating period (The minimum amount will be determined as Krungsri deems appropriate.)

Merchants hold Krungsri savings or current account.
Merchants are juristic person whose registration period is not less than 1 year. They are required to have VAT registration and share capital not less than THB 2 million.
Merchants offer products/services which are neither illegal nor unethical. Examples of illegal and unethical businesses are as follows:
- Sales of all types of drugs, cigarette, tobacco and all types of additive substances
- Sales of corrupted products, pornographic media and matchmaking business
- Time-sharing business/cyber-mall business
- Sales of weapons/gambling
Business is credible and has workplace located in Thailand.
Shareholders have good financial records
In case customers reject to make payments, merchants consent that Krungsri debits the said payment from the merchant’s account. In this regard, Krungsri will inform merchants of the matter prior to debiting.
Merchants are required to place a guaranteed deposit with Krungsri, the amount of which will be returned to merchants after related agreement is terminated at not less than 6 months.

Copy of ID card of business owner/authorized signatory (20 years of age and higher). For foreigners, a copy of valid passport and work permit
Copy of company affidavit or limited partnership affidavit and Article of Association, provided that the registration period is of not less than 1 year (the date of the copy is not exceeding 6 months)
Certification of Company Seal (Bor Or Jor 3)
Copy of certificate of VAT ID registration (Por Por 20)
Copy of e-commercial registration certificate
Map and photos of workplace** only in case the documents are requested by the Fraud Management Department
A copy of the homepage of the merchant’s website (site main page) and website URL
SSL Certificate
PCI DSS Certificate (only for Global merchant, PF merchant and merchant use API connection)
For business involving copyright, present the copyright licensee documents
THB 30 duty stamp (for juristic person who would like to assign the Bank as intermediary remitting the withholding tax.)
For specific business, additional documents are required to submit such as the following documents
- For travel agent, provide a copy of travel agency license issued by the Tourism Authority of Thailand (TAT).
- Hospitals/clinics are required to submit the following documents
  - Copy of medical license
  - Copy of health care operation license
  - Copy of health care facility license
- Schools are required to submit a copy of school license issued by the Ministry of Education
- Insurance agents are required to submit the following documents
  - Copy of insurance agent license
  - Copy of insurance premium collection agent certification issued by insurance company