Paysbuy is a

payment processor A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken dow ...

and one of Thailand's three major

payment service provider A payment service provider (PSP) is a third-party company that assists businesses to accept electronic payments, such as credit cards and debit cards payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and thos ...

s. Paysbuy is licensed by the

Bank of Thailand The Bank of Thailand (BOT) ( Abrv: ธปท.; th, ธนาคารแห่งประเทศไทย, ) is the central bank of Thailand. History The Bank of Thailand (BOT) was first set up as the Thai National Banking Bureau. The Bank ...

to operate an e-money business and is accredited with Trustmark (DBD Verified) by the Department of Business Development,

Ministry of Commerce A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce. Notable examples are: List *Algeria: Ministry of Industry and M ...

History

Paysbuy was founded in 2004 by Aung Kyaw Moe and Suchote Cheewakoseth. In 2008,

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 direc ...

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 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 ...

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 ...

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 vendo ...

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. Origin ...

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 ...

Partners

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 ...

References

External links

* Companies based in Bangkok Online payments Financial services companies of Thailand {{Asia-company-stub

History

Products and services

Partners

See also

References

External links