KrungThai Bank
KrungThai Bank (KTB) is a state-controlled listed bank and the second largest bank in Thailand. KTB is also the preferred bank for most government agencies.
KTB has more than 15 million Thai users. Currently, the bank supports three different ways for users to pay: online banking, mobile banking app, and bank transfer via offline ATMs.
Properties
The properties of the BBL payment method are shown in the following table:
Payment type | Bank Direct Debit | ||
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Thailand | Auto Debit | ✔️ |
Funds deduction | Real-time | Refund | ❌ |
Processing currency | THB | Partial refund | ❌ |
Minimum payment amount | 1 THB | Chargeback | ❌ |
Maximum payment amount | 2M THB (ATM 0.5M) | ||
User experience
The following graphic shows the KrungThai Bank app authorization process:
Figure 1. Authorization process