K-Payment Gateway  (  )

Overview

 

    K-Payment Gateway is a payment service for processing credit card transactions that accept VISA Cards, MasterCard Cards and JCB Cards issued by banks worldwide.  Participating online merchants can receive real time approval of credit card online transactions 24 hours a day in 10 different currencies. Moreover, the Dynamic Currency Conversion (DCC) Service will automatically convert the payment amount in Baht into the card holder’s home currency, allowing the cardholder choose between paying in Baht or in the home currency.
    Setting up your web site for use with K-Payment Gateway is made easy through a function to create HTML Code for connecting to K-Payment Gateway.  Through the Merchant Reporting Application, participating merchants can conveniently view details of all transactions at any time using a variety of functions such as Transaction List, Search Transaction, Settlement and Void.  Merchants can also contact KBank officer through this application.  Payments for goods and services through the system can be deposited to merchant’s bank account as early as the next business day, depending on contractual agreement. There are three settlement methods available - Manual, Semi-Automatic and Automatic Settlement.
    K-Payment Gateway provides data security for both merchants and their customers via 128-bit SSL encryption system, a secure network firewall, and industry-standard security architecture.  “Verified by VISA” system and “MasterCard Secure Code” system ensure the highest protection for merchants in accepting orders from customers.

Transactions via K-Payment Gateway

 

1. A Fraud Warning Traffic Light (green/yellow/red) provides a clear warning notice for potentially fraudulent transactions. This enables online merchants to make a decision on order acceptance with confidence. 
2. Transaction Lists and Search Transactions results can be downloaded as text files for further processing on merchant’s computer. 
3. Full or Partial settlements can be selected.
4. Transactions can be selectively cancelled. 
5. Various Reports are available: Settlement Summary Report, Transaction Details Report, MCC (Multi Currency) Report, DCC (Dynamic Currency Conversion) Report
6. The Merchant Reporting Application user manuals and installation document can be downloaded. 
7. HTML Codes are provided for the convenience of first-time K-Payment Gateway users.
8. Merchants can select the desired type credit cards and country of origin of credit card issuer.
9. Payment screens can be customized for different languages.

 

Service Hours:

    24 hours 7 days a week 

 

Support Languages

    Thai and English 

 

Passwords

    Merchant will receive a user id and a password for first-time login to the Merchant Reporting Application and will be requested to enter a new password immediately.

 

Computer specifications for K-Payment Gateway

• Merchants’ servers
  K-Payment Gateway can accommodate various server operating systems such as UNIX, Linux, Windows, and others.  For data connections, HTML will be used for transmitting data between the Bank’s and merchants’ servers, thus making it easy to implement.
  If merchants intend to use real-time information for credit card transactions, at least 40-bit SSL encryption with a certificate from a ‘Trusted Certification Authority’ (e.g. Verisign, Entrust) must be installed.
• Customers’ computers
  Customers can use any computer that can access the Internet using a browser program such as Internet Explorer version 5.0 or higher, Netscape Navigator, or Mozilla Firefox.

 

Qualifications of applicants:

• Registered in Thailand as a company or business partnership for at least three years with good credit history and a registered capital of at least two million Baht
• Sell products/services that are legal and moral, and not categorized under these businesses: prescription drugs and medicaments; cigarettes and tobacco products; gambling activities; firearms, ammunitions and explosives; pornographic products and services.
• Have own web site with registered in the name of the company, the business partnership, or the business owner who is an authorized signatory.
• KBank reserves the right to approve applications for credit card accepting merchants in accordance with our credit policy.
 

Documents required

Group of Persons

1. Commercial registration document.
2. Copy of House Registration and National ID Card of the authorized signatory (for foreign national, valid passport and work permit are required).
3. Account statements for the past three months.
4. One photograph of the front of the business establishment and another taken inside the establishment, and a map of the location of the establishment.
5. For a rented office, a rental contract with validity of at least six months is required.
6. Proof of Internet domain name registration in the name of the Group of Persons or the authorized signatory.
7. Sample of product/service information web page and payment/check-out web page.
8. Proof of installation of SSL Certificate, if applicable. 

Partnership

1. Certificate of registration issued within one month.
2. Copy of VAT Certificate (Por Por 20)
3. Audited statement of income and balance sheets for the past two years
4. Copy of house registration and national ID card of the authorized signatory (for foreign national, valid passport and work permit are required).
5. Bank account statements for the past three months.
6. One photograph of the front of the business establishment and another taken inside the establishment, and a map of the location of the establishment.
7. For a rented office, a rental contract with validity of at least six months is required.
8. Proof of Internet domain name registration in the name of the business partnership or an authorized signatory.
9. Sample of product/service information web page and payment/check-out web page.
10. Proof of installation of SSL Certificate, if applicable.

Company Limited

1. Certificate of registration issued within one month.
2. Copy of Memorandum of Association and Articles of Association.
3. Copy of VAT Certificate (Por Por 20).
4. Minutes of company’s board meeting identifying two resolutions:
   - to become a credit card accepting merchant with KBank
   - to open a current or savings account for accepting the payments (If applicant already has account with the Bank, please provide account number.)
5. Audited statement of income and balance sheets for the past two years.
6. Copy of house registration and national ID card of the authorized signatories (for foreign national, valid passport and work permit are required).
7. Account statements for the past three months.
8. One photograph of the front of the business establishment and another taken inside the establishment, and a map of the location of the establishment.
9. For a rented office, a rental contract with validity of at least six months is required.
10. Proof of Internet domain name registration in the name of the company or the business owner who is an authorized signatory.
11. Sample of product/service information web page and payment/check-out web page.
12. Proof of installation of SSL Certificate, if applicable.

Application Process

1. Fill out the K-Payment Gateway Service application form, which are available at KBank branches nationwide.
2. Submit the application form at any KBank branch along with the required  documents.
   Remarks: Copies of the required documents must be clearly legible and certified as authentic copies with the same authorized signature(s) as specified in the application form.
 

Approval Turnaround Time and Delivery of User ID

    Approval of merchant account takes approximately two weeks after all required documents are received.  Upon application pre-approval, the Bank will send out an offering letter, which will need to be signed by the authorized signatory and returned to the Bank.  The Bank will then make an appointment for you to visit the branch office to make a guarantee deposit.  After the final approval, the Bank will send username and password by postal mail to the business establishment.

 

Service Process

    The merchant can access the After the Merchant Reporting Application using the username and the password to download system documentation and obtain the HTML Code for use on the payment web page of the merchant’s web site.

 

Service Fees

    Transaction fee or merchant discount rate, which will be specified in the offering letter, varies with the business volume, business type, and card type processed through K-Payment Gateway System.

 

Forms and Manuals

• Applicant Qualifications