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Thailand is not to be overlooked when it comes to ecommerce markets. It ranks 18th globally and is estimated to reach around $18.85 billion this year (2023).

Tapping into the thriving Thai ecommerce market, you need to handle payment processing effectively. One way to ensure that is to implement a well-integrated payment gateway.

So, this article will break down the 5 best online payment gateways powering purchases nationwide, both domestic names and international ones. 

What Is a Payment Gateway?

A payment gateway is an intermediary that connects online stores with payment processors to securely handle transactions. 

Simply put, when customers enter their payment information, like credit card numbers, on a website to make a purchase, the payment gateway validates the data, confirms sufficient funds, and handles the transfer.

Customers are then notified of whether the payment was approved or denied. If approved, it goes to merchants; if denied, the funds are returned to the customers.

That said, the key role of a payment gateway is to securely verify the financial details supplied by the customers to confirm that merchants will receive the correct payment amount, keeping both sides protected as the money changes hands.

📖 Tip: Check out our in-depth guide that explains what a payment gateway and payment service provider are.

If you’re looking for the best payment gateway for your business in Thailand, one thing worth noting is to find those that accept Thailand’s widely used online payment methods:

  • Thai banking applications
  • E-wallets. Especially TrueMoney, PromptPay (which can accept payments from all major Thai banks via QR Code), and Rabbit LINE Pay.
  • Credit and debit cards
  • Payment services like Google Pay

Let’s see the best options for payment gateways in Thailand. 

🔎 Note: All information provided below is dated 5 September 2023 and may have been updated since. Please check each payment gateway’s website for the latest information.

  Best For Notable Accepted Payment Methods  Fees
 2c2p logo Large enterprise Cards: Mastercard®, Visa, JCB, UnionPay, and Amex

Digital wallets and QR payment: Rabbit LINE Pay, Google Pay, Apple Pay, TrueMoney Wallet, Samsung Pay, GrabPay, Alipay, WeChat Pay, AIS mPay, etc.
N/A
 opn logo SMEs to large enterprise Cards: Mastercard®, Visa, JCB, and Amex

PromptPay QR Code Mobile & Internet banking: Major Thai banks

Digital wallets: Rabbit LINE Pay, Google Pay, TrueMoney Wallet, Alipay, WeChat Pay
1.65% - 3.65% Plus 7% Vat
Pay Solutions logo SMEs Cards: Mastercard®, Visa, JCB, UnionPay, and Amex

PromptPay QR Code  Mobile & Internet banking: Major Thai banks

Digital wallets: TrueMoney Wallet, Alipay, WeChat Pay
1%-5.5% Plus 7% Vat 
PayPal logo SMEs Cards: Visa, Mastercard®, Discover, or American Express card

Bank account
3.90%-4.40% Plus fixed fee
Truemoney logo Local Thai businesses PromptPay QR Code

TrueMoney Wallet
THB20 withdrawal fees from TrueMoney account to a bank account

 1. 2C2P

Screenshot of 2C2P's website

2C2P is a major payment gateway provider headquartered in Singapore, catering to large enterprise businesses throughout Southeast Asia. Apart from accepting payment, It provides value-added services like mass payout capabilities, international funds transfer, and card solutions.

While starting in the Asia market, 2C2P is extending its network to connect Southeast Asia to the Americas, Europe, and the Middle East. 

2C2P has served various industries, including airlines, insurance, marketplaces, retail, F&B, and hospitality. It is trusted by major global brands, such as Lazada, AirAsia, and Lenovo.

2C2P Key Offerings 

  • 45 currencies worldwide available 
  • Over 400,000 over-the-counter locations across Asia
  • Support pay by installments, pay via a link, pay in different currencies, split payment transactions, and more
  • Virtual and physical cards are applicable for business and customer retention purposes
  • Real-time transaction and summary reports
  • Local support from market experts 
  • Support API, mobile SDKs, and plugins
  • Robust security, including PCI DSS, PCI 3DS, and more

2C2P Accepted Payment Methods

2C2P supports over 250 payment methods, including Thailand's preferred channels, primarily 

  • Cards: Mastercard®, Visa, JCB, Unionpay, and American Express debit and credit cards
  • Digital wallets and QR payment: Rabbit LINE Pay, Google Pay, Apple Pay, TrueMoney Wallet, Samsung Pay, GrabPay, Alipay, WeChat Pay, AIS mPay
  • Buy now, pay later: PayLater by Grab and ShopBack 

2C2P Key Usage Fees

2C2P charges transaction fees as a percentage. The fee range varies depending on the payment method.

As the fee structure is not public, you may want to visit the 2C2P contact page and request a quote. To do so, provide your information, choose interested solutions, fill in your inquiry details, and submit the form.

2C2P Pros and Cons

Pros of 2C2P

  • Numerous payment methods
  • A full suite of domestic and international payment platforms 

Cons of 2C2P

  • Suitable for large enterprises
  • Pricing is quote-based

2. Opn Payments (Formerly Omise)

Screenshot of Opn Payments' website

Opn Payments, formerly Omise, is a trusted payment gateway solution for businesses of all sizes. It provides a wide suite of payment solutions, from online payment processing and API integrations for ecommerce sites to contactless storefront payments via tags. 

Starting in Thailand, Opn Payments is now expanding to serve markets like Japan, Singapore, Malaysia, Indonesia, the Philippines, and Vietnam, with the vision to make paying fast and secure for customers across different platforms. 

It has served various industries, including marketplaces, restaurant chains, and online service platforms. Notable names include True, ICBC, and Pomelo.

Opn Payments Key Offerings 

  • User-friendly dashboard
  • Support “pay with one click” payments through social media, automatic billing, and payment links
  • Offer customizable hosted checkout page
  • API and SDK available  
  • Shopify, WooCommerce, and Magento Plugins are available 
  • Multiple security layers, including IP Geolocation Technology, Dynamic 3-D Secure, and PCI DSS certification
  • Multi-currency including THB, USD, EUR, CNY, GBP, AUD, JPY, HKD, CHF, DKK, SGD available. However, you may need to contact Opn Payments to activate the function. This service exclusively accepts foreign currency payments through Visa and Mastercard®

Opn Payments Accepted Payment Methods

Among the many choices, ones that are aligned with Thailand's preferred channels include

  • Cards: Mastercard®, Visa, JCB, and American Express debit and credit cards
  • PromptPay QR Code 
  • Mobile banking: K PLUS, SCB Easy, Krungthai NEXT, Bualuang mBanking (Bangkok Bank), KMA-Krungsri (BAY) 
  • Internet banking: SCB, Krung Thai Bank (KTB), Bualuang iBanking (Bangkok Bank), Krungsri Bank (BAY)
  • Digital wallets: Rabbit Line Pay, Google Pay, TrueMoney Wallet, Alipay, WeChat Pay
  • Citi Pay with Point

Opn Payments Key Usage Fees

Transaction Fees
Opn Payments applies a transaction fee, along with 7% VAT
Payment method Amount
(before 7% VAT is added)
Mobile banking  THB10
PromptPay, Citi Pay with Points, Alipay (Storefront) 1.65%
Credit cards, Debit cards, Google Pay, Alipay (Online), Internet banking, Rabbit LINE Pay* 3.65%
TrueMoney Wallet* 2.65%
Transfer Fees
You'll be charged a transfer fee when you move money from your Opn Payments account into linked bank accounts
Transfers of 2 million THB or less THB30
Transfers exceeding 2 million THB THB150
Other Fees
Setup fees none
Monthly fee none
Minimum usage amount none

*If you are selling digital goods, review Opn Payments fees for digital content business.

🔎 Pro Tip: You can request a fee reduction with Opn Payments. Eligibility is based on sales volume, basket size, business types, and risk level.

Opn Payments Pros and Cons

Pros of Opn Payments

  • Accept most of Thailand’s preferred payment methods
  • Suitable for businesses of different sizes 

Cons of Opn Payments

  • 3.65% card transaction fee is relatively high compared to other options in the market, which offer around 3% transaction fees

3. Pay Solutions

Screenshot of Pay Solutions' website

Pay Solutions is a Thai payment service company with over 17 years of experience in the market (formerly Thaiepay). They are focused on developing solutions to fully meet the needs of ecommerce merchants, both for online and offline sales channels.

Pay Solutions has served a variety of small to medium domestic Thai businesses.

Pay Solutions Key Offerings 

  • Dashboard and real-time report 
  • Omni-channel payment service
  • Easy payment links and SMS link
  • Sub-store service where you can manage multiple branches 
  • E-Tax service available 
  • International QR applicable 
  • Developer-friendly, compatible with WordPress, WooCommerce, Magento, OpenCart and more 
  • Shopify plugins 
  • PCI DSS certificate, SSL 128-bit

Pay Solutions Accepted Payment Methods

Various payment methods are compatible with Thailand's preferred channels, including

  • Cards: Mastercard®, Visa, JCB, Union Pay, and American Express debit and credit cards
  • PromptPay QR Code 
  • Internet and mobile banking: K PLUS, SCB, Krung Thai Bank, Bangkok Bank, Krungsri Bank (BAY), TTB
  • Digital wallets: TrueMoney Wallet, Alipay, WeChat Pay
  • Installment payment: Kasikorn Bank, SCB, Bangkok Bank, KTC, Krungsri Bank (BAY), First Choice, The 1 Card, Tesco Lotus Mony Service, CardX 

Pay Solutions Key Usage Fees

Transaction Fees
Pay Solutions applies a transaction fee, along with 7% VAT
Payment method Amount
(before 7% VAT is added)
Credit and debit cards, mobile banking, internet banking

3%

PromptPay QR Code

1%

International QR Code

3% (conditions applied)

TrueMoney, Alipay 

2%

PayPal

5.5%

Transfer Fees
You'll be charged a transfer fee when you move money from your Opn Payments account into linked bank accounts
Amount not exceeding 2,000,000 THB/time 

THB12-20

Other Fees
Refund fees for any payment made over 7 days

THB300

Pay Solutions Pros and Cons

Pros of Pay Solutions

  • Accept most of Thailand’s preferred payment methods
  • Vast installment payment options

Cons of Pay Solutions

  • Accept most of Thailand’s preferred payment methods
  • Vast installment payment options

4. PayPal

Screenshot of PayPal's website

Trusted in over 200 countries, PayPal's worldwide name recognition, reliability, and customer preference place it among the top global payment gateway brands. 

PayPal was relaunched in Thailand in 2021 to comply with the Thai government's new regulations and now operates as PayPal (Thailand). A key update mandates that Personal accounts must be registered with the user's Thai National ID cards.

For businesses, PayPal still supports online transactions worldwide, whether sending or receiving. You can accept payments, send invoice links through email, and enjoy world-class safety. 

To receive payments for your business in Thailand via PayPal, you can sign up for a business account and learn how to add PayPal payments to your website.

🔎 Tip: Estimate your PayPal fees easily using our PayPal Fee Calculator.

PayPal Key Offerings 

  • Reach customers worldwide  
  • Accept payments in 25 different currencies
  • Earn points
  • Offer subscription services
  • Benefit from buyer protection, seller protection, data encryption, and fraud prevention

PayPal Accepted Payment Methods

  • Bank account
  • Visa, Mastercard®, Discover, or American Express card

PayPal Usage Fees

Fee Type Amount
Commercial transactions within Thailand (TH) 3.90% + fixed fee based on currency
Commercial transactions outside Thailand (TH) 4.40% +  fixed fee based on currency
Payout 2% (conditions applied) 
Monthly Fee none
Signup Fee none
Cancellation Fee none

💡Tip: Considering PayPal? Learn how you can withdraw sales from PayPal.

PayPal Pros and Cons

Pros of PayPal Thailand

  • Connect with a global customer base
  • For Small-to-Medium businesses

Cons of PayPal Thailand

  • Higher fees when compared to other alternatives in Thailand
  • Applying for a PayPal Thailand business account requires a Thai business registration document, proof of business address, and a legal representative’s ID, and proof of address.

5. TrueMoney

Screenshot of TrueMoney's website

While TrueMoney is best known for its “TrueMoney Wallet” e-wallet, its "TrueMoney for Business" or “True Smart Merchant” solution offering integrated merchant services to boost business potential is not to be missed.

With  "TrueMoney for Business," you can tap into their vast customer network of over 27 million users, accept payment via TrueMoney Wallet, issue coupons, offer loyalty points, boost conversions through ads, and send payouts to employees through “TrueMoney Payouts” to reduce cash handling costs. 

TrueMoney Key Offerings 

  • Offer “ShopReward+,” a ready-made membership system (CRM), to customers. This includes vouchers, royalty points, etc.
  • Enjoy TrueMoney Ads & Solutions, which enables efficient brand promotion through targeted ads
  • Send payouts to employees with a real-time notification via SMS

TrueMoney  Accepted Payment Methods

  • PromptPay QR Code
  • TrueMoney Wallet. Customers can top up their wallets through all major Thai banks, including Kasikorn Bank, SCB, Krung Thai Bank, Bangkok Bank, Krungsri Bank (BAY), TTB, and GSB

TrueMoney Usage Fees

Fee Type Amount
Merchant Top-up  Only through Boonterm, True Mini, and Easy top-up kiosk
Payment handling fees (For True Smart Merchant only) none
Withdrawal fees from TrueMoney to another bank account THB20
Registration fee none

TrueMoney Pros and Cons

Pros of TrueMoney

  • Come with comprehensive marketing solutions
  • Relatively low, flat fees
  • Large customer base in Thailand

Cons of TrueMoney

  • Exclusive for TrueMoney platform
  • May not be suitable for cross-border business

Final Thoughts

And that wraps up our featured selections! 

In general, look for payment solutions that accept major Thai banks, e-wallets, and universal options like major credit cards, Google Pay, etc.

The key factors are your business size, specific requirements, and the service provider’s pricing that’s acceptable for your margins. 

We hope this list of the best payment gateways in Thailand has helped you find the right payment gateway for your business. 

FAQs

What are the best payment gateways in Thailand?

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The best payment gateways in Thailand are 2C2P, Opn Payments, Pay Solutions, PayPal, and TrueMoney. 

These options were selected because they support many commonly used payment methods in Thailand and are widely used by merchants.  

What payment gateways in Thailand have the lowest fees?

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Is PayPal available in Thailand?

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What is the alternative to PayPal in Thailand?

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What payment methods are most common in Thailand?

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