Pay Solutions, a comprehensive online payment system provider, collaborated with GHL Thailand, a leading regional EDC (Electronic Data Capture) provider, to bring online payment system innovation to offline payments under the concept of "IPP on EDC." This collaboration enables merchants to accept installment payments through nine credit cards from six major banks using a single swipe machine.
Pay Solutions and GHL Thailand have recognized the importance of businesses and want to create added value from existing services. By combining the strengths of the two parties, a new service was created, “Installment Payments through a Single Card Reader” (Multi-Bank Installment on EDC). This concept is another piece of the puzzle that both sides believe will “reduce” to “increase” for businesses of all sizes that want to accept credit card installment payments from all banks. Businesses no longer have to waste time applying to each bank, preparing multiple sets of documents, and going through a complicated process. They also do not have to pay high costs for each machine. Pay Solutions and GHL Thailand hope that this service will be a part of stimulating the Thai economy.
to installed at stores/counters
to apply for services with banks on your own
and investment for renting or buying EDC machines
of documents and sales reconciliation
through credit cards in a comprehensive manner.
by giving consumers flexibility in payment.
with an easy-to-manage with international security.
of the Thai economy with financial innovations.
In the era of a cashless society and the current economic situation, many consumers prefer to spend money with credit cards to help increase the flexibility of expense management. The concept of “Multi-bank Installment” was created to meet the needs of all businesses, help stimulate sales at point-of-sale, support a variety of customer payment methods, and choose “installment payments” up to 6 banks in a single credit card reader.
There are still many people who prefer to use installment plans to pay for goods. When there are payment options that cover all banks and customers can choose to offer 0% installment promotions as needed, along with other payment methods, such as full-amount swipe payments and payments via e-wallets on EDC machines, it will help boost sales faster.
It is not easy for merchants to have an EDC machine that supports installment payments from almost all banks in a single machine. Pay Solutions and GHL have therefore improved the efficiency of EDC machines with comprehensive All-in-One Solutions services to make it easier to access payment opportunities and help save costs on renting redundant EDC machines.
With the innovation that combines installment payments from multiple banks in a single machine, merchants do not have to waste time checking reports or reconciling transactions from each bank separately. On the other hand, they can view information or check orders paid through each card on a single dashboard, reducing the time for complex tasks.
The EDC machine system will automatically record data when receiving swipe payments for goods/services correctly and completely on the machine immediately, without having to log in to check on the website, and can review past records as needed.
The NexGo N86 EDC machine is modern and beautiful, with an Android operating system and a SIM card that meets EMV Security standards, the global smart card security standard.
Support business goals, both convenience and cash flow management, with a daily refund system, including holidays, with daily sales summary emails in Excel file format and a 24-hour call center.
Go to the menu and press "Installment"
Enter the amount and press "OK"
Select the bank you want to make a transaction with
Select the number of months to pay
Select the payment method: tap, insert, swipe, or enter your credit card information yourself
Enter the CVV code of your credit card and press "Confirm"
Scan the QR code to receive the OTP and press "Confirm payment"
The transaction is complete