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Paysbuy

From Wikipedia, the free encyclopedia
Paysbuy
Company typePrivate
IndustryElectronic payment processing
Founded2004
HeadquartersBangkok, Thailand
Key people
Aung Kyaw Moe, Suchote Cheewakoseth
Revenue2 billion Thai Baht (2013)
OwnerBank of Thailand
DTAC
Number of employees
11-50
Websitepaysbuy.com

Paysbuy is a payment processor and one of Thailand's three major payment service providers.[1][2] It is a subsidiary of DTAC.[3][4]

Paysbuy is licensed by the Bank of Thailand to operate an e-money business and is accredited with Trustmark (DBD Verified) by the Department of Business Development, Ministry of Commerce.

History

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Paysbuy was founded in 2004 by Aung Kyaw Moe and Suchote Cheewakoseth.[5]

In 2008, DTAC acquired the majority stake in the company. Paysbuy was the first e-wallet service in Thailand[6] and was acquired by Omise in 2017.[7][8]

See also

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References

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  1. ^ "DTAC taps non-bank customers". Bangkok Post.
  2. ^ "Paysbuy projects 35% revenue gain". Bangkok Post. 2014-02-28. Retrieved 2015-06-25.
  3. ^ "Paysbuy gets smart with payment app". Bangkok Post.
  4. ^ "A cashless society". Bangkok Post.
  5. ^ "Tech in Asia - Connecting Asia's startup ecosystem".
  6. ^ "Paysbuy plans to launch 4 new payment services". Tech in Asia. Retrieved 2015-06-25.
  7. ^ "Omise acquires online payment business Paysbuy from Thai operator Dtac". TechCrunch. 6 July 2017. Retrieved 2018-03-13.
  8. ^ "PromptPay to spur cut in trading fee". Bangkok Post.
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