EpayFlow is a semi-inclusive e-commerce system. The system is combined with merchants’ websites and our e-commerce system. Merchants only have websites and details of products or services. We will provide merchants our e-commerce system.
To specify more,
merchants will provide only websites and product or services details and EpayFlow will provide system regarding e-commerce which covers all areas from shopping carts and customers’ data to the listing and summarization of orders and payments.
Outstanding Features
EpayFlow is a semi-inclusive system. EpayFlow provided 2 styles for merchants. Shopping Cart Style prepares merchants the systems from shopping cart and customer database to the recording and summarizing of payments. Merchants do not have to lose their time developing these systems themselves. Invoice Style allows merchants to create invoices to customers directly. Customers can make direct payments through e-mail. This is especially practical for the online sale system of ebay.com
We provide online Administrative System for merchants to check orders and summarize their total income all the times.
Customers can make online payments by using 3 credit card types, VISA, MasterCard and American Express.
We also accept money transfer through the banks and ATM to our company’s bank accounts which we have 9 service banks
System Working
System working of EpayFlow will be connected with both merchants’ websites and THAIEPAY system through “Order Now” button which is a main connection point between merchants and THAIEPAY. Merchants must prepare all product pictures and details to be displayed on websites. We, then, conclude 5 steps of how EpayFlow works as detailed below.
When customers want to order products or services from merchants, they only click “Order Now” button. After that the system will process to EpayFlow system.
The information such as product details and prices of chosen products will be sent to EpayFlow system and will be displayed on THAIEPAY webpage. Merchants do not need to create this page because EpayFlow system provides you already.
Customers can continue shopping other products on websites until they feel satisfied.
EpayFlow system will collect all customers’ details, shipping addresses, throughout summarize orders and prices for customers to confirm before making final payments.
After customers confirmed their orders, the system will allow them to fill their credit card details through THAIEPAY system. After that the system will verify the credit card details whether they are approved.
Fee and Service Charge
EpayFlow Service Charge is a little bit expensive than EpayLink. This is because EpayFlow provides tools and systems for merchants to be more convenient. Our Service Charges are not complicated. They are divided into 2 parts.
Operating System Service charge: EpayFlow system 495 baht/month and
Transaction Fee: Fee 4% for Visa, MasterCard and fee 4.75% for American Express. For example, a customer uses Visa to pay for one product, price 100 baht. THAIEPAY will deduct 4% out of 100 baht. It means we exactly deduct 4 baht from 100 Baht. Therefore, merchant will receive 96 baht.
Income Remittance
THAIEPAY system will summarize merchants’ income in each month and remit the income after deducting fee into merchants’ bank accounts on the 10th of the following month.
For example, in January, a merchant has monthly income 10,000 baht. THAIEPAY will deduct 4% out of 10,000 baht. It means we exactly deduct 400 baht from 10,000 Baht. Therefore, merchant will receive 9,600 baht on 10th February.
However, THAIEPAY has released additional regulations regarding income remittance. That is to say, merchants can request THAIEPAY to make income remittance for merchants earlier, semi-monthly or weekly.
Merchant who has been using THAIERPAY service for greater than 6 months
Merchant who has no record of fraudulent customers and charge back issue
Merchant who has monthly income over 100,000 baht/month can receive income every 15 days (Semi-Monthly). Merchant who has monthly income over 500,000 baht/month can receive income every week (Weekly)
