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Authorizing Credit Card Transactions by Merchant (EDC / Mini-EDC)

​​​​​​​​​​​​​​​​​​​​​​​​​Accept payment via any method!
Boost sales opportunities!

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Key Features
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All merchants can simplify their business!

 

Accept payment made
via credit or debit card
(VISA, MasterCard, JCB, UnionPay)

 
 

Accept payment by scanning QR Code of any mobile banking application and compatible E-Wallet

 

Accept payment made with Alipay and WeChat Pay from Chinese visitors

 

Cardholders may redeem points for discounts. (EDC only)

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Accept Contactless

  • Payment amount is limited to 1,500 Baht per transaction, or subject to agreements made between card-accepting banks and credit institutions.
  • ​Participating contactless cards include Visa PayWave, MasterCard PayPass, JCB J-Speedy, UnionPay QuickPass, AMEX ExpressPay.

Monthly installment payment

Credit cardholders may make monthly installment payments with KBank while merchants immediately accept the full sale price (after KBank fee).

  • Increase sales opportunities through simplified customer purchases; payment can be made interest-free in monthly installments for a period of 3-10 months.
  • Enhanced security! Peace of mind! Merchants get the full amount of the transaction right away. ​
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Accept payment with credit cards in various currencies (Dynamic Currency Conversion – DCC) for EDC only  

“Foreign cardholders may choose to pay for goods and services in Thai Baht or any one of 36 foreign currencies.”

Benefits

Merchants
  • The service offers greater convenience in converting foreign currencies for credit cardholders.
  • Merchants receive payment in Baht per the sale prices.
Credit cardholders​
  • Cardholders may choose their desired currency.
  • Cardholders are less exposed to forex volatility
  • Cardholders are aware of the exact payment amount, which is the same as that shown in the statement.

Merchant Report Service

“Get a report with every payment amount and details available via various channels”

  1. KBank website: https://k-merchant-report.kasikornbank com You may download credit card transaction and sales summary reports on your own anytime, 24 hours a day (Merchant Report Server).
    -  Same data may be downloaded without limit within 60 days.
    -  Daily and weekly reports are available (up to 10 days can be downloaded at a time).
  2. You may request the report at the KBank branch where your account was opened on the following business day after a transaction is made. (Tax invoice is also available.)
  3. The report is automatically generated via email every day.

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Apply today! No fee!

  • No application and installation fee

  • No device guarantee fee

  • No monthly device usage fee

Special MDR fee


Promotion details and conditions​​​​​​

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Promotion details and conditions

Terms and Conditions
Services FeeApplication PeriodConditions
1. Sales Slip and EDC maintainance feeUntil to December 31, 2024Waived to December 2024
2. Entrance Fee or EDC/Mini EDC/mPOSUntil to December 31, 2024Free only 1 device per merchant
3. EDC/Mini EDC/mPOS Monthly Fee
(Maximum 450 THB Excluding VAT)
Until to December 31, 2024Waiving for the Merchant who has card spending volume 50,000 THB per device per month onward
4. Merchant Discount Rate (MDR) Until to December 31, 2024Fee rates will apply for applications during the period
4.1 Local Debit Card 0.55%
4.2 Wechat / Alipay (All Channels) 1.60%
4.3 Credit Card
  • Domestic Card: Non Premium
    (Classic, Gold) and KBank card 1.60%
  • Domestic Card: Premium
    (Platinum, Titanium, Infinite, Signature) 2.40%
  • International Card: Non Premium
    (Classic, Gold) 2.15%
  • International Card: Premium
    (Platinum, Titanium, Infinite, Signature) 2.75%
  • Thai QR Payment 0.00%
Until to June 30, 2024
5. K SHOPUntil to June 30, 2024Waived to June 30, 2024

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Fee

Payment acceptance methodNormal rate of MDR fee
Special rate of MDR fee
Debit card (issued by domestically registered financial institutions)0.55% 0.55%
Domestic Card: Other banks’ non-premium credit cards (Classic, Gold) and all types of KBank cards2.00% 1.60%
Domestic Card: Other banks’ premium credit cards (Platinum, Titanium, Infinite, Signature)2.50% 2.40%
International Card: Non-Premium (Classic, Gold)2.80% 2.15%
International Card: Premium (Platinum, Titanium, Infinite, Signature)3.00% 2.75%
Thai QR Payment0.35% 0.00%
Alipay and WeChat Pay1.60% 1.60%
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Service Details

Eligibility
  • Legally registered merchants.
  • Location, physical condition, and products/services appropriate for accepting credit/debit cards.

  • Business does not engage in any illegal or immoral activity.

  • Merchant has no record of credit card fraud and has never been terminated as a card-accepting merchant by KBank or any other financial institution.

  • KBank must be able to contact Merchant directly including by telephone.

​Required documentation

Individual

  • For Thai nationals Copy of valid national ID card* (front side only) or copy of government*/state enterprise official card* together with a copy of house registration of authorized signatory and main contact person
  • For foreigners Copy of passport* and copy of visa / work permit* of authorized signatory and main contact person together with copy of commercial registration certificate
  • Store / Individual operating business Copy of commercial registration certificate* (issued not more than 3 months prior to submission)
  • In case of authorization Power of Attorney and copy of national ID card* (front side only) (for Thai national) or copy of valid passport* and copy of valid visa/work permit* (in case of foreigners) of grantor and grantee

Registered business

  • Copy of certificate of registration* or copy of certificate of incorporation* (issued not more than 3 months prior to submission
  • Copy of valid national ID card* (front side only) or copy of valid government*/state enterprise official card* together with copy of house registration of authorized signatory (only the undersigned) and main contact person
  • In case of authorization Power of Attorney and copy of national ID card* (front only) (for Thai national) or copy of valid passport* and copy of valid visa / work permit* (in case of foreigners) of grantor and grantee
Additional document

Application for EDC (SIM Card)

  • Application for mobile phone service AIS / DTAC
  • Taxpayer ID/PhoPho. 20 (for VAT-registered store)

In case of merchant's business is subject under special condition determine by KBANK additional documents


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Juristic Person (Company/Partnership)

  • Application for K-Merchant / Change in K-Merchant Details  Download here
  • Signed copy of national ID card of authorized signatory (ies) in wet ink

  • Copy of Registration Certificate and objectives issued not more than three months prior to the submission, signed in wet ink by authorized signatory (ies) as specified in the Registration Certificate, with seal affixed (if any)

For merchant using SIM Card EDC, please also submit the following documents are required.
  • Application for the use of mobile phone service
  • Tax ID number / Phor Phor. 20 form for VAT registered companies
For specific business, additional documents are required.

Juristic Person (Association / Foundation per the Notice of Ministry of Finance)additional documents are required.)

  • Application for K-Merchant / Change in K-Merchant Details   Download here
  • Signed copy of national ID card of all members of the Board of Directors of Association / Foundation in wet ink
  • Copy of Registration Certificate of Association / Foundation issued not more than three months prior to the submission, signed in wet ink by all members of the Board of Directors of Association / Foundation as specified in the Registration Certification
  • Minutes of the meeting
For merchant using SIM Card EDC, please also submit the following documents are required.
  • Application for the use of mobile phone service
  • Tax ID number / Phor Phor. 20 form for VAT registered companies
For specific business, additional documents are required.



 


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How to apply

Click to download application form

Send the application form
and support documents to
the branch nearest you

After your documents are
verified as complete and accurate,
the approval result will be sent
via SMS, and the EDC will be
installed within 16 business days.

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by registered mail

 
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Which payment method is suited to your shop?

Click for detail

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FAQ

Can merchants who are not registered apply for this service?

Yes, they can.​
If the customer has swiped the card but then wants to cancel the transaction, can this be done immediately?
Cancellation of the application can be done immediately before the summary is created.
If there is no home phone available, can EDC be used?
The service can be used, as the bank has an EDC that works via SIM card.
How is Merchant Discount Rate (MDR) fee calculated?
For full payment
Product price: 10,000 Baht
MDR fee 3.00% = 300 Baht
VAT 7% of MDR fee= 21.00 Baht
Amount to be credited to the merchant’s account= Product price - (MDR + VAT)
 = 10,000 - (300 + 21)
 = 9,67​9 Baht
  
For Smart Pay The merchant pays installment fee.
Product price of 6,000 Baht is under a 6-month installment plan.
1. Merchant’s expenses
MDR fee is 1.50% per transaction.
MDR fee 1.50% = 90.00 Baht
VAT 7% of MDR fee= 6.30 Baht
Monthly installment fee (0.80% x 6)= 288.00 Baht
VAT 7% of monthly installment fee= 20.16 Baht
Total fees= 404.46 Baht
Amount to be credited to merchant’s account= Product price - (MDR + Installment fee + VAT)
 = 6,000 - (90 + 6.30 + 288 +20.16)
 = 5,595.54 Baht
2. Cardholder’s expenses
Pay 1,000 Baht for goods and services for 6 months with no interest charged.
  
Smart Pay Cardholder pays installment fee.
Price of product is 6,000 Baht under a 6-month installment plan.
1. Merchant’s expenses
MDR fee is 1.50% per transaction.
MDR fee 1.50% = 90.00 Baht
VAT 7% of MDR= 6.30 Baht
Total fees= 96.30 Baht
Amount to be credited to the merchant’s account= Product price - (MDR + VAT)
 = 6,000 - (90 + 6.30)
 = 5,903.70 Baht
2. Cardholder’s expenses
Pay 1,000 Baht for goods and services with monthly installment fee of 0.80 percent for 6 months.
Principal= 6,000 Baht
Monthly installment fee (0.80% x 6)= 288 Baht
Total payment = Product price + Installment fee
 = 6,288 Baht
KBank will collect 1,048 Baht from the cardholder each month, for a period of 6 months.
Where can I get a sales report/tax invoice?
You can obtain a sales report/tax invoice at the account holding branch.
Can I change from K-Plus Shop (mPOS) or EDC that I currently use, to Mini-EDC?
Yes. You may request to change the service via the K-BIZ Contact Center, 02-8888822, 24 hours a day.
What are the advantages of Mini-EDC compared to K-Plus Shop (mPOS)?
  • Mini-EDC requires neither an application nor other peripheral equipment.
  • User does not have to memorize Username or Password when conducting transactions.
  • Mini-EDC has functions similar to those of SIM Card EDC, but is smaller and portable.

Where can I return any type of card accepting equipment?
You must send it back via registered postal mail to Payment Service Fulfillment Department (PA), 7th floor, KASIKORNBANK PCL,
Chaeng Watthana Main Branch, Muang Thong Thani Building, No. 47/7 Mu 3, Ban Mai Sub-district, Pak Kret District, Nonthaburi 11120.
Will I get the deposited device guarantee fee back?
Yes. If the device requires a guarantee fee, you’ll get the fee back upon returning the equipment. However, no guarantee fee is required at the moment.
When will the amount be credited to the merchant’s account after the merchant clicks “Settlement”?
Device / ChannelSettlementPayment tools
Card (by swiping / inserting / tapping card) Card via QR code or barcodeFunds transfer / Funds transfer via QR code or barcode under Thai QR Standarde-walletK Point
Domestic and foreign credit card / foreign debit card (VISA / MASTERCARD / JCB, closed-loop card)UnionPay credit / debit card, TPN debit card, Xpress Cash card, domestic debit card (VISA / MASTERCARD)Credit / debit card (VISA / MASTERCARD) UnionPay / TPN Credit / Debit Card Xpress Cash cardKBank, other commercial banksVia QR code or barcode under Thai QR StandardAlipay, Tenpay (WeChat Pay) and other e-wallets via QR code or barcode not under Thai QR Standard
EDCCut-off time11:30 p.m.10:00 p.m.9:00 p.m.11:00 p.m.11:00 p.m.11:00 p.m.11:30 p.m.
Account credit4:00 a.m. onward on the following day4:00 p.m. onward on the following day4:00 a.m. onward on the following day11:00 p.m. onward11:00 p.m. onward2:00 p.m. onward on the following business day upon approval by e-wallet service provider4:00 a.m. onward on the following day
Click for more information

Remarks

  1. “QR Code or Barcode” refers to “Payment Code” in the Agreement for K-Merchant.
  2. “Closed-loop card” refers to electronic cards issued or jointly issued by KBank, not being a member of the Card Scheme Provider.
  3. KBank will credit into the Merchant’s deposit account the amount less fee, VAT and withholding tax (if any). No deposit interest shall be calculated on the amount for goods/services which has not been credited to the Merchant’s account.


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Service Details

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