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WeChat / Alipay Payment Service
 

ICBC (Thai)'s WeChat / Alipay key features

  • User’s friendly with less process and smart tool.
  • Support stable/speedy internet communication, such as  Wi-fi, SIM etc.
  • Accept all types of credit /debit cards that issued by Banks in China.
  • Not necessary to exchange from Chinese ¥ to Thai Baht ฿.
  • Support by paper or digital sales slip as evidence.
  • Benefits to merchants

  • Multiple precise advertise channels and promotions, increase sales volume to merchant.
  • More payment channel, more purchasing power.
  • To get Thai Baht as same as product or service pricing.
  • Low risk of cash handling.
  • To attract Chinese tourists for spending via WeChat / Alipay Application.
  • Free of charge for installation, rental fee and deposit fee.
  • Highlighted Features

  • Automatically settlement at the end of day is a convenience system, no need to manual settlement.
  • The money after deduct service rate and VAT will be transferred in next day ,no matter the next day is weekend or public holidays.
  • Merchant daily report by email or platform downloading.
  • Merchant’s Qualifications

  • Legally business and registered merchant.
  • No any fraud record.
  • Minimum sales volume at THB200,000/month.
  • Can apply in both Juristic person and individual.
  • Sublease purpose is not permitted.
  • Conditions

  • Merchants have to open saving or current deposit account with ICBC(Thai).
  • If there are no any transaction within 6 consecutive months via ICBC(Thai)’s terminal, the Bank reserves the right to terminate the service to merchant.
  • Promoted sign for ICBC(Thai) WeChat / Alipay is prohibited to use in other objectives.
  • Document required for Juristic Person

            √ Copy of Affidavit issued not longer than 6 months
            √ Copy of ID of the authorized persons or Copy of Passport and Work Permit in case of foreigner authorized
               persons
            √ Letter of proxy for withholding tax with signature of authorized person and witness
            √ Copy of VAT certification (Por Por 20)
            √ Copy of ICBC(Thai) bank account
            √ Copy of last 4 months of bank statement of cash flow (any banks)
            √ Copy of Lease Contract (case of rental) (if have)
            √ Picture of merchant's outlet and map

    Document required for Individual

            √ Copy of Commercial registration issued no longer than 6 months or Special Business License
               (ex.Thai Traditional Medicine / Permission of Tourism Business for Thailand / Medical License)
            √ Copy of ID of the authorized persons or Copy of Passport and Work Permit in case of foreigner authorized
               persons
            √ Copy of VAT certification (Por Por 20)
            √ Copy of ICBC(Thai) bank account
            √ Copy of last 4 months of bank statement of cash flow (any banks)
            √ Copy of Lease Contract (case of rental) (if have)
            √ Picture of merchant's location and map

    Merchants are under special conditions:

  • The merchant is located in Special Market (Special Market consists of the retail shop more than 30 shops in one area)
  • Each retail shop’s owner shall have the contract with Landlord in officially.
  • Each retail shop’s owner shall have individual who is Thai Nationality and International.
  • Document required for merchants under special conditions:

            √ Copy of ID of the authorized persons or Copy of Passport and Work Permit in case of foreigner authorized
               persons
            √ Copy of ICBC(Thai) bank account
            √ Copy of last 4 months of bank statement of cash flow (any banks)
            √ Copy of Lease Contract (case of rental) (if have)
            √ Picture of merchant's location and map

    How to apply

  • ICBC(Thai)’s branches
  • More information

  • ICBC (Thai) call center 02-629-5588

  • (2020-07-02)
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