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Paysbuy
Paysbuy is a payment processor and one of Thailand's three major payment service providers. Paysbuy is licensed by the Bank of Thailand to operate an e-money business and is accredited with Trustmark (DBD Verified) by the Department of Business Development, Ministry of Commerce. History Paysbuy was founded in 2004 by Aung Kyaw Moe and Suchote Cheewakoseth. In 2008, DTAC acquired the majority stake in the company. Paysbuy was the first e-wallet service in Thailand and was acquired by Omise in 2017. Products and services * Payment gateway * Stored value card * Electronic bill payment * Cash on delivery * Controlled payment number Partners CyberSource See also * PayPal * DTAC * True Money TrueMoney is a financial technology brand, providing e-payment services in Southeast Asia. In Thailand, the platform includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway and Remittance. History T ... References External links * Compani ...
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DTAC
Total Access Communication Public Company Limited, commonly known as DTAC is a GSM mobile phone company in Thailand. It is the nation's third largest GSM phone company, after AIS and True. DTAC is owned by Norwegian company Telenor both directly and indirectly, and both companies share the same logo. , DTAC had 23.2 million subscribers with a market share of subscribers at around 30 percent. As of 2019, the company has 20.642 million mobile subscriptions and 3904 employees. It is listed on the Singapore Exchange and the Stock Exchange of Thailand. In 2015 DTAC reported total assets of 110,965 million baht, with revenues of 87,753 million baht, and a net profit of 5,893 million baht. As of 11 April 2012, DTAC's parent company became BCTN Holding. DTAC has won the "Best Mobile Operator of Thailand" award for three consecutive years (2005–2007) from Asian MobileNews Awards 2007, organized by ''Asian MobileNews'' Magazine. On November 22, 2021, Telenor and Charoen Pokphand Grou ...
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True Money
TrueMoney is a financial technology brand, providing e-payment services in Southeast Asia. In Thailand, the platform includes TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway and Remittance. History TrueMoney was founded in 2003 as part of True Corporation but now reorganized under Ascend Group in 2014, a spin-off of True Corporation and a subsidiary of Charoen Pokphand Group. TrueMoney features a remittance service, and has initiated cross-border remittance from Myanmar and Cambodia, to Thailand. Products * Payment gateway * Stored value card * Electronic bill payment * Cash on delivery * Controlled payment number Regional expansion TrueMoney has offices in Thailand, Vietnam, Cambodia, Myanmar, Indonesia and the Philippines. TrueMoney has licenses to operate e-money in almost every Southeast Asian country. As the flagship venture, Thailand's TrueMoney counts Google and Alipay as partner payment platforms. See also * PayPal * Pays ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Stored Value Card
A stored-value card (SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card. Like cash, payment cards can be used anonymously as the person holding the card can use the funds. They are an electronic development of token coins and are typically used in low-value payment systems or where network access is difficult or expensive to implement, such as parking machines, public transport systems, closed payment systems in locations such as ships or within companies. Stored-value cards differ from debit cards, where money is on deposit with the issuer, and credit cards which are subject to credit limits set by the issuer and are connected to accounts at financial institutions. Another difference between stored-value cards and debit and credit cards is that debit and c ...
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Companies Based In Bangkok
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ...
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Antara (news Agency)
Antara is an Indonesian news agency organized as a statutory corporation. It is the country's national news agency, supplying news reports to many domestic media organizations. It is the only organization authorized to distribute news materials created by foreign news agencies. The news agency was founded in 1937, when the country was still a colony in the Dutch Empire, by independence activists dissatisfied with the lack of local coverage by the Dutch-owned Aneta news agency. Antara's operation was absorbed into the Dōmei Tsushin news network following invasion by the Japanese in 1942. Its staff played a key role in the broadcast of Indonesia's proclamation of independence and assumed control of the Dōmei facilities in the region at the end of the war. The agency remained under private management until it was placed under the control of the presidency in the 1960s when the government shifted its focus from decolonization to nation-building. Antara became an institution ...
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CyberSource
Cybersource is a payment service provider founded in 1994. In November 2007, Cybersource acquired the U.S. small business payment services provider Authorize.Net for $565 million. On April 22, 2010, Visa Inc. acquired Cybersource for $2 billion.{{Cite news, last=Martin, first=Andrew, url=https://www.nytimes.com/2010/04/22/business/22visa.html, title=Visa Buys Cybersource for $2 Billion, date=2010-04-21, work=The New York Times, access-date=2020-04-17, language=en-US, issn=0362-4331 See also *List of on-line payment service providers The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale) See also * Payment gateway * Payments as a se ... References Companies based in Foster City, California Visa acquisitions American companies established in 1994 Financial services companies established in 1994 1994 establishments in Califor ...
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Controlled Payment Number
A controlled payment number, disposable credit card or virtual credit card is an alias for a credit card number, with a limited number of transactions, and an expiration date between two and twelve months from the issue date. This "alias" number is indistinguishable from an ordinary credit card number, and the user's actual credit card number is never revealed to the merchant. The technology was introduced primarily as an anti-fraud measure, so that a virtual unique credit card number may be generated to settle a specific transaction, on an exact date by an authorized individual. The possibility of a fraud occurring is significantly less than a traditional physical card, which can be lost, stolen or indeed cloned. The number is generated through the use of either a Web application or a specialized client program, interacting with the card issuer's computer, and is linked to the actual credit card number. While it could usually be set up to allow multiple transactions, it could only ...
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Cash On Delivery
Cash on delivery (COD), sometimes called collect on delivery or cash on demand, is the sale of goods by mail order where payment is made on delivery rather than in advance. If the goods are not paid for, they are returned to the retailer. Originally, the term applied only to payment by cash but as other forms of payment have become more common, the word "cash" has sometimes been replaced with the word "collect" to include transactions by checks, money orders, credit cards or debit cards. Advantages and disadvantages for retailers The advantages of COD for online or mail order retailers are: *The customer does not need to own a credit card to purchase *Impulse purchases may increase as payment is not due at the time of ordering *The credibility of retailers may be increased because the consumer only has to pay when the item is delivered The disadvantages of COD for online or mail order retailers are: *Orders might be returned as buyers are less committed to the purchase than if t ...
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Electronic Bill Payment
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account. These payments are typically executed electronically as a direct deposit through a national payment system, operated by the banks or in conjunction with the government. Payment is typically initiated by the payer but can also be set up as a direct debit. In addition to the bill payment facility, most banks will also offer various features with their electronic bill payment systems. These include the ability to schedule payments in advance to be made on a specified date (convenient for installments such as mortgage and support payments), to save the biller information for reuse at a future time and various options for searching the rec ...
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Payment Gateway
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider. A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or acquiring bank. Payment gateways are a service that helps merchants initiate ecommerce, in-app, and point of sale payments for a broad variety of payment methods. The gateway is not directly involved in the money flow; typically it is a web server to which a merchant's website or POS system is connected. A payment gateway often connects several acquirin ...
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