Choosing an online Shopify payment gateway in Thailand is one of the most crucial decisions you’ll need to make while creating your branding and website. A right payment gateway could completely transform your company, despite the fact that it may appear like a minor choice. On the contrary, a bad gateway can lead to a poor checkout procedure on your website, costing your new company potential sales. Here, we take a look at the top 10 payment gateways in Thailand, a nation better recognized for its tourism and natural beauty.
One of the biggest Asian payment gateways accessible in Thailand, 2C2P (Cash & Card Payment Processor) was established in 2003 and assists companies in accepting and transferring payments from millions of clients in a secure way. Working with international financial institutions, tech giants, retail companies, e-commerce merchants, and m-commerce merchants, 2C2P is a global payments platform that offers alternative (non-credit card) and traditional online payment solutions for merchants. Aside from Thailand, the company works in Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, and Cambodia. It also offers full payment solutions for major corporate businesses in Thailand.
In emerging markets, 80% of residents lack credit cards. Codapay is an alternative payment gateway that enables companies in Southeast Asia, especially Thailand, to receive payments from clients who do not have credit cards. The business accepts more than 100 different payment options, including card payments, bank transfers, direct carrier billing, cash at retail, vouchers, and e-wallets.
For eCommerce merchants in ASEAN, iPay88 is a top provider of payment gateways and top online payment collection solutions. The 2006-founded business with headquarters in Kuala Lumpur, Malaysia, gives Singaporean, Indonesian, Philippine, and Thai retailers a variety of online payment choices.
E-wallets will overtake cards as the most widely used form of payment worldwide. E-wallet payments totaled $295 billion in 2012. By 2021, they anticipate it to reach $2,000 billion. A new digital wallet called Line Pay makes making payments quick and safe. By adding their credit cards to the company’s database, it enables its clients to make payments both online and in-person. Users of Line can send money to other Line users. In Japan, Taiwan, Thailand, and Indonesia as of November 2017, Line had a total of 40 million registered payment users.
True Money is an electronic cash and payment service. You can securely make cashless and cardless payments for all of your daily needs, including mobile top-ups, bill payments, online and offline purchases, and much more, thanks to the platform that includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway, and Remittance. The company was founded in 2005 with the Bank of Thailand’s approval to run an e-cash card business.
Siam Pay, a subsidiary of Asia Pay, operates in Thailand. It offers enterprises and institutions business-to-consumer (B2C) services, such as “SiamPay eCommerce,” to facilitate online credit card payments. Along with other services, Siam Pay provides merchant aggregation, risk management software, and mobile payment. The parent firm of SiamPay, Asia Pays, was established in 2000 and asserts to cover 12 Asian nations.
Omise is a PCI-certified payment gateway with an accessible REST API that enables integration with a wide range of languages and frameworks and an easy-to-use administration dashboard. Their payment solution is easy to set up and operates without a hitch on a variety of devices. Credit/debit cards, installment payments, online banking, PromptPay, TrueMoney wallet, PayNow, Alipay, WeChat Pay, bill payments, Pay with Points, Pay-easy, and convenience shop payments are some of the payment options that Omise allows.
Money Space’s SSL (Security Socket Layer)-enabled Payment Gateway offers convenience, speed, and security. It is certified by the Bank of Thailand in order to increase the security of data transfer. Money Space promises to give the service with the lowest price rates while still being simple, secure, and worldwide. high flexibility, as well.
Pay Solutions is a Thailand-based provider of eCommerce platforms that offers services such as online credit card payment systems, online stores, and shopping centers. Businesses may now accept Visa, MasterCard, and American Express payments on their websites. Interest on monthly payments is 0.80%. There are no costs to start using this payment gateway. However, the merchant fee (MDR) for each transaction is 3.60%. In addition, the transaction costs are between 12 and 15 THB.
2Checkout, which was founded in 2000, enables Thai companies to safely offer goods and services online. To assist businesses in thriving in the current global marketplace, the organization offers a payment solution that combines cutting-edge technology with professional support. There is no fees to charge per month or per year when you using 2Checkout. However, per successful sale, the price is set at 3.5% plus $0.35.
These are some of the most reliable and safe Shopify payment gateway in Thailand. With the aid of payment integration services of Shopify in Thailand, you may decide to integrate one of these payment gateways on your company website to streamline the payment process. If you need help from dedicated web developers to build a complete ecommerce website on Shopify with the best payment gateway for you, Scuti is here to help.