Tranzify

Cards · Asia-Pacific · Available

Visa in Thailand

Visa is one of the payment methods in Thailand. Payments are made in THB; the method supports pay-in, payout, recurring, refund; settlement: T+1; chargebacks: under the scheme rules. The payments regulator in Thailand is Bank of Thailand (BOT). Providers for Visa in Thailand in the Tranzify catalogue: Opn (Omise).

Key facts

Currency
THB (Thai baht)
Operations
Pay-in · Payout · Recurring · Refund
Settlement
T+1
Chargebacks
under the scheme rules
Payments regulator
Bank of Thailand (BOT)

Providers for Visa in Thailand

ProviderProvider typeSupported operationsStatus at Tranzify
Opn (Omise)AcquirerPay-in, RefundOn request

How a payment goes through

  1. 1The payer enters the card on the hosted checkout; the number is encrypted before it leaves the page
  2. 2The vault stores a token; routing picks the acquirer by BIN, country and amount
  3. 33-D Secure when the issuer asks; the acquirer authorises
  4. 4Callback to the merchant, status in the journal for five years

Other payment methods in Thailand

TypePayment methodsshare of e-commerce payments
QR paymentsPromptPay35 %
WalletsTrueMoney—
CardsMastercard—
WalletsGoogle Pay—
WalletsPayPal—

Visa in other countries

Frequently asked questions

Which providers offer Visa in Thailand?+
In the Tranzify catalogue Visa in Thailand is offered by Opn (Omise). A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is Visa used in Thailand?+
The catalogue has no published market share for Visa in Thailand; the method is listed among the country's payment methods.
Which operations does Visa support in Thailand?+
Visa supports pay-in, payout, recurring, refund. Settlement is T+1 and chargebacks are under the scheme rules; the amounts are in THB.
Who holds the licence for Visa in Thailand?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Thailand is Bank of Thailand (BOT).

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