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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/Dispute

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:

image

Figure 1. Payment process with GSB