Government Savings Bank
The Government Savings Bank (GSB) is a legal person and a state-owned enterprise. It is a government-guaranteed financial institution under the supervision of the Ministry of Finance of Thailand.
GSB has more than 5 million Thai users. Currently, the bank supports the bank transfer payment method for users to pay.
Properties
The properties of the GSB payment method are shown in the following table:
Payment type | Bank transfer | ||
Acquirer | AlipaySG, AlipayUS | Acquiring region | SG, AU, HK, US |
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 screenshots show the user experience of paying with GSB in the bank transfer scenario:
Figure 1. Payment process with GSB