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.
Properties
The properties of the KTB payment method are shown in the following table:
Payment type | Bank Direct Debit | ||
| Acquirer | AlipaySG, AlipayUS | Merchant entity location | SG, AU, HK, US |
Payment flow | Redirect | Refund | ❌ |
Buyer country/region | Thailand | Partial refund | ❌ |
Processing currency | THB | Chargeback/Dispute | ❌ |
Minimum payment amount | 1 THB | Time to return the payment result | Real-time |
Maximum payment amount | 2M THB (ATM 0.5M) | ||
User experience
The following graphic shows the KrungThai Bank app authorization process:
Figure 1. Authorization process