ubergnome Posted May 13, 2004 Share Posted May 13, 2004 We're looking for a bank with good merchant support, online banking and an online payment gateway for selling our product online. Anyone have good experiences with any Thai banks? Thanks! Link to comment Share on other sites More sharing options...
Khun Larry Posted May 13, 2004 Share Posted May 13, 2004 Anyone have good experiences with any Thai banks? No one I know has had good experience with Thai Banks. I had a good time listening to the stories about people having bad experiences with Thai Banks, if that helps Link to comment Share on other sites More sharing options...
ubergnome Posted May 13, 2004 Author Share Posted May 13, 2004 Ha, ha. Yeah, that's about what I expected to hear. Well, I'll keep searching for options. If anyone has suggestions... feel free. Thanks, Larry. Link to comment Share on other sites More sharing options...
Bobcat Posted May 13, 2004 Share Posted May 13, 2004 http://www.worldpay.com/asiapac_sg/index.php These people are very professional. Link to comment Share on other sites More sharing options...
BlissfullyIgnorant Posted May 13, 2004 Share Posted May 13, 2004 If you're looking for a Thai bank with online merchant facilites, most of them have such sevices BUT: 1) You'll need a registered thai company with at least 2M baht registered capital 2) The company will need a minimum of 1 year trading history in Thailand. If you qualify under these conditions, contact the Bangkok bank or SCB - both offer online merchant facilities. If you don't, you'll have to do your CC processing via a 3rd party clearing house like www.2co.com, www.paypal.com, www.stormpay.com, www.ccnow.com, www.cybersource.com, www.firstdata.com, www.ibill.com etc etc.. Link to comment Share on other sites More sharing options...
george Posted May 13, 2004 Share Posted May 13, 2004 Or check with http://www.asiadebit.com located in Singapore with sales office in Phuket. Link to comment Share on other sites More sharing options...
ubergnome Posted May 13, 2004 Author Share Posted May 13, 2004 If you don't, you'll have to do your CC processing via a 3rd party clearing house like www.2co.com, www.paypal.com, www.stormpay.com, www.ccnow.com, www.cybersource.com, www.firstdata.com, www.ibill.com etc etc.. etc etc... yeah there are zillions to choose from. If anyone has experience with any of these and can make a personal recomendation, I'd like to hear it. A slick website could be a front for a con-job. I know Pay Pal would be my worst case scenario as I've personally had terrible experiences with their service not only in Thailand but also in the US. The thing is just a bloody pain in the ass to use. Have heard good things about MultiCard. Anyone experienced with any of the others? Thanks, all. Link to comment Share on other sites More sharing options...
aqua4 Posted May 15, 2004 Share Posted May 15, 2004 www.2co.com = Good www.paypal.com = Gods curse to the earth www.stormpay.com = poor service www.ccnow.com expensive www.ibill.com CCNow and IBill are the only ones that will process cards for the porn industry - so it depends on your website and the amount of charge backs you get. Link to comment Share on other sites More sharing options...
ubergnome Posted May 15, 2004 Author Share Posted May 15, 2004 I have looked at Worldpay, which looks solid but expensive. I've been looking for Mulitcard, but can't seem to find it. Someone told me they have good service and features. Anyone know where to find them? Geo, am in contact with asiadebit now. Thanks for the tip Link to comment Share on other sites More sharing options...
asinah Posted May 15, 2004 Share Posted May 15, 2004 If you have a real business and company I would suggest you to use SCB - That's the only one we used within Thailand and they did a good job. Contact the EVP Dr. Amarit at SCB or Khun Wanpen (could be wrong spelled) and they should get you started. Make sure you put a few hundred thousand Baht in the account and you should have no problems. A friend of my processed over a million Dollar per month with SCB and never had a problem with them and I just talked recently to him. Link to comment Share on other sites More sharing options...
asinah Posted May 15, 2004 Share Posted May 15, 2004 Or check with http://www.asiadebit.com located in Singapore with sales office in Phuket. george, i too heard about asiadebit.com but the infos I received weren't that great. They traded b4 under the name Payzip in Singapore but I know that the system seems to be working. What made me stuck a little bit is that they use a couple of fax numbers in the States and UK but no phone number. (Sounds like a fax forwarding service. A company that offers merchant account facilities and publishes a fax number in the Uk should also publish a phone number I guess) We are member with the Singapore Chamber so will dig around on Monday morning who owns the operation in Singapore Link to comment Share on other sites More sharing options...
ubergnome Posted May 17, 2004 Author Share Posted May 17, 2004 Re 3rd party gateways, I found mulitcards here: http://multicards.com/ in case anyone is interested in looking into them. I've heard of one merchant who preferred them over 2CO. If anyone has any experience with multicards, let me know. u Link to comment Share on other sites More sharing options...
saga Posted May 24, 2004 Share Posted May 24, 2004 etc etc... yeah there are zillions to choose from. If anyone has experience with any of these and can make a personal recomendation, I'd like to hear it. A slick website could be a front for a con-job. I know Pay Pal would be my worst case scenario as I've personally had terrible experiences with their service not only in Thailand but also in the US. The thing is just a bloody pain in the ass to use. Have heard good things about MultiCard. Anyone experienced with any of the others?Thanks, all. ikobo is another one. I have good experience with it. It charges lower than other processors. Its coverage is in more than 170 countries and 220 regions. Link to comment Share on other sites More sharing options...
zigzag Posted May 24, 2004 Share Posted May 24, 2004 What were you planning to sell online? is it a digital (ie downloadable file, infomation, software) or a tangible product which requires delivery/export? Paul Link to comment Share on other sites More sharing options...
Darknight Posted May 24, 2004 Share Posted May 24, 2004 """etc etc... yeah there are zillions to choose from. If anyone has experience with any of these and can make a personal recomendation, I'd like to hear it. A slick website could be a front for a con-job. I know Pay Pal would be my worst case scenario as I've personally had terrible experiences with their service not only in Thailand but also in the US. The thing is just a bloody pain in the ass to use. Have heard good things about MultiCard. Anyone experienced with any of the others? Thanks, all. """" only one best value for money, the biggest and trustworty. 2checkout.com i use it myself. no problems yet after one year. Link to comment Share on other sites More sharing options...
Phil Conners Posted May 24, 2004 Share Posted May 24, 2004 Amazing how many people with online merchant experience live in Thailand huh Link to comment Share on other sites More sharing options...
gaZ Posted May 24, 2004 Share Posted May 24, 2004 Anybody with any experience of thaiepay.com? Do they only accept Thai citizens - their English pages only says ID card - nothing about passports. Also do they accept non-Thailand based merchants (I know you need a Thai bank account to receive the money). I live in Taiwan so it is a quick hop over for me. Link to comment Share on other sites More sharing options...
cutethaigirl Posted May 24, 2004 Share Posted May 24, 2004 Think Thai banks will have prohibitive rules unless you have VERY VERY good standing with them. www.2checkout.com is fine. Set up in minutes and NOT fussy. Hold back a % and can telegraph the money to Thai accounts. Finding the code at the Thai bank will try your patience:-) paypal will not entertain addresses in Thailand. If the product to be sold is digital www.clickbank.com is popular. iKobo or ??? was getting some sharp comments at this forum!! It can be done for sure. CT Worldpay will scare you with the fees and rules for Thai addresses. i Link to comment Share on other sites More sharing options...
camerata Posted May 26, 2004 Share Posted May 26, 2004 Worldpay will scare you with the fees and rules for Thai addresses. What are the rules? My favorite site for cheap DVDs with free global delivery is www.cd-wow.com in the UK. They use Worldpay and I've had no problems with delivery to Thailand. Would the policy about Thai addresses depend on the vendor? Link to comment Share on other sites More sharing options...
andariel Posted April 22, 2005 Share Posted April 22, 2005 Is anyone else using ikobo? I mean I use it to receive money from the company I'm working for... they're in the US and I've never had problems with it. I mean the money has always arrived and all. I'm asking this because they also seem to have an offer for merchant accounts and I was thinking maybe I'd give a try for a little project of mine. Link to comment Share on other sites More sharing options...
thohts Posted April 22, 2005 Share Posted April 22, 2005 Is anyone else using ikobo? I mean I use it to receive money from the company I'm working for... they're in the US and I've never had problems with it. I mean the money has always arrived and all. I'm asking this because they also seem to have an offer for merchant accounts and I was thinking maybe I'd give a try for a little project of mine. <{POST_SNAPBACK}> I believe ikobo is a Nigerian company with an offshore bank based in the Caribbean. As I understand it, they no longer accept new merchant accounts but I could be mistaken. Link to comment Share on other sites More sharing options...
Heng Posted April 22, 2005 Share Posted April 22, 2005 Authorize.net / Card Service International. Link to comment Share on other sites More sharing options...
thaitanic Posted June 16, 2005 Share Posted June 16, 2005 SCB wasted incredible amounts of my time and allowed me to open all sorts of stuff before finally telling me that I need to show 100,000 baht turnover per month through my account with them for 6 months before considering my application. Catch 22 because I can't do the business without the merchant account. Duh. The Patong branch of Kasikorn Bank, who I've had 3 accounts with for 3 years, told me I would probably have to hold a balance of 200,000 baht in an account as security. What a great country for doing business! Link to comment Share on other sites More sharing options...
pktkid Posted June 18, 2005 Share Posted June 18, 2005 I have looked at Worldpay, which looks solid but expensive. I've been looking for Mulitcard, but can't seem to find it. Someone told me they have good service and features. Anyone know where to find them? Geo, am in contact with asiadebit now. Thanks for the tip <{POST_SNAPBACK}> Ubergnome, I have also just sent them an e mail through there site. Let me know how you get on so we can share. Link to comment Share on other sites More sharing options...
~G~ Posted June 18, 2005 Share Posted June 18, 2005 only one best value for money, the biggest and trustworty.2checkout.com i use it myself. no problems yet after one year. <{POST_SNAPBACK}> From 2checkout.com: There is a one time only set up fee of $49.00. After that, you only pay for sales. If you, sell nothing, you pay nothing. 2CO collects a 5.5% commission on each transaction plus a $0.45 charge per sale. 5.5% each transaction + $0.45.... Isn't it a bit expensive? Link to comment Share on other sites More sharing options...
pktkid Posted June 18, 2005 Share Posted June 18, 2005 only one best value for money, the biggest and trustworty.2checkout.com i use it myself. no problems yet after one year. <{POST_SNAPBACK}> From 2checkout.com: There is a one time only set up fee of $49.00. After that, you only pay for sales. If you, sell nothing, you pay nothing. 2CO collects a 5.5% commission on each transaction plus a $0.45 charge per sale.5.5% each transaction + $0.45.... Isn't it a bit expensive? <{POST_SNAPBACK}> Asiadebit/payzip also 5.5%, not cheap ! There must be cheaper out there ? Link to comment Share on other sites More sharing options...
kreon Posted June 19, 2005 Share Posted June 19, 2005 only one best value for money, the biggest and trustworty.2checkout.com i use it myself. no problems yet after one year. <{POST_SNAPBACK}> From 2checkout.com: There is a one time only set up fee of $49.00. After that, you only pay for sales. If you, sell nothing, you pay nothing. 2CO collects a 5.5% commission on each transaction plus a $0.45 charge per sale.5.5% each transaction + $0.45.... Isn't it a bit expensive? <{POST_SNAPBACK}> Asiadebit/payzip also 5.5%, not cheap ! There must be cheaper out there ? <{POST_SNAPBACK}> you may look it at another way, by keeping funds offshore, it'll be cheaper than paying tax Link to comment Share on other sites More sharing options...
Soboringtochooseaname Posted May 7, 2011 Share Posted May 7, 2011 Still no improvement with Thai banks ? Link to comment Share on other sites More sharing options...
aurelius Posted May 8, 2011 Share Posted May 8, 2011 I attended a seminar hosted by Microsoft (Thailand) week before. They have a full-function online store application that they are offering license-free (but there will be hosting fees due to an ISP somewhere), which has been pre-wired into Bangkok Bank's payment gateway. I believe there are also options to select which would give access to Paypal and some other widely used payment channels. BKK Bank was part of the presentation as well, and they were offering a reduced deposit collateral (50k) and a reasonably low merchant rate as well (about 3% if I recall correctly). The MS application was called NopCommerce - its apparently part of their CSR to help thai SMEs. So, if what you are selling needs a "store front" this might be a quick way to get up and running. Suggest that you google (or BING ) the NopCommerce thing or check MS or BBL's website. PM if you need more info Link to comment Share on other sites More sharing options...
Soboringtochooseaname Posted May 9, 2011 Share Posted May 9, 2011 A kind of shop CMS ? Not for me thank you, but interesting to know. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now