Terms of THAIEPAY Service
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The following Terms and Conditions obviously announced on both our website page and control panel system are effective for every merchant once their registrations completed. Merchant should acknowledge and follow.
Actually, Payment Gateway System is provided to receive payments by credit cards from buyers through internet network. Likewise, THAIEPAY system is a service for receiving payments by credit cards used in purchase products or services through the internet.
Our merchant must be a person, website owner, or company who sells products and/or offers services on the internet and requires using our service for receiving payments from buyers who pay by credit cards.
Our system, THAIEPAY, provides online payment system, control panel system, payment summarization system, buyer’s information, security systems and more. Merchant can be assured that our system is safe and convenient for you and your buyers.
Please review the following terms and conditions and submit your agreement below by clicking “I Agree” in case that you agree with the terms and conditions of THAIEPAY
- Qualifications of Merchants
- Must have a functioning website
- No involvement in criminal or anti-social activities
- No drugs and medicine Drugs, medicines, and supplementary food
- Cosmetics
- Gambling
- Pornography
- Alcohol drinks
- Cigarettes, and addictive substances
- Online games
- Replica and pirated products
- No Merchant Aggregator which links THAIEPAY service to other sub merchants or
non-registered websites
- Must be a company registered in Thailand only (In case of applying under company name)
- Must have an office located in Thailand (In case of applying under company name)
- Must deliver products from Thailand only
The products and/or services of the Merchant shall neither be prohibited by law nor contrary to moral standards. If THAIEPAY discovers later that the Merchant has used our system to receive payments for products and/or services prohibited by law and/or contrary to moral standards, THAIEPAY reserves all rights to withhold all payments and immediately cancel all services.
- Acceptance of Terms and Conditions
2.1 Service Charge
- Fee for each transaction at the rate of 4.00% that uses VISA and MasterCard, including delivery fee (if any).
- Fee for each transaction at the rate of 4.75% that uses American Express, including delivery fee (if any).
- Service charge EPAYLINK 295 baht per month and EPAYFLOW 495 baht per month.
2.2 Income Remittance
THAIEPAY will summarize all income of merchant’s products or services each month and remit the income after deducting the service charge into merchant’s bank account as indicated when registered on the 10th of the following month. In case that the 10th day of the month falls on a day which THAIEPAY or banks generally are not open for business, the income will be remitted into the merchant’s bank account on the next business day.
2.3 Exchange Rate
In case that the price of products or services are listed in foreign currencies, merchant acknowledges and agrees that the income which THAIEPAY will remit into the merchant’s account will be calculated by using the daily Buying Rate, exchange rate of “Kasikorn Bank”, on the date that payment was made.
2.4 “Hold Status” Issue
Merchant agrees to check orders and buyer's information carefully and regularly and not to make any shipments within 48 hours in order to protect merchant from any damages. In case that THAIEPAY has verified and found the unusual and suspicious order or large amount of payment, the status of that order can be changed from COMPLETE to HOLD within 48 hours. If Hold status occurs, merchant accepts to follow THAIEPAY’s suggestions.
2.5 "Charge Back" Issue
Merchant agrees to accept all refusals of payments (Charge Back) if bank or Credit Card Company later found suspicious, irregular, dishonest or fraudulent payments. Merchant consents to be deducted the amount from merchant’s income or transfer the amount back to THAIEPAY. That is to say, merchant shall be responsible for all expenses and damages.
THAIEPAY reserves all rights to change the above Terms and Conditions as appropriate with or without notice to merchant on each occasion.
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