Krungsri and Global House introduce a new payment option "Krungsri Make a Pay" to heighten shopping experiences for retail and business customers

Tuesday 10 October 2023 11:41
Krungsri (Bank of Ayudhya PCL) elevates its partnership with Global House by increasing payment options with Krungsri Make a Pay, a cutting-edge payment solution that makes paying faster, more convenient, and more efficient, for retail and business customers.
Krungsri and Global House introduce a new payment option Krungsri Make a Pay to heighten shopping experiences for retail and business customers

Ms. Ninlawan Jeeraboon, Krungsri Head of Transaction Banking Group said "In the digital age, Krungsri recognizes the complexities of operating a business, and the need for financial transactions to be simple, convenient, and secure. To address this challenge, we are continuously developing services that cater to the diverse needs of our customer base, spanning both business and retail sectors. Leveraging cutting-edge API technology, we have made Krungsri Make a Pay, our online payment solution designed to reduce transaction costs and a reliable protection system with international standards, even more efficient to empower businesses and their customers to make real-time payments seamlessly through mobile applications and other platforms. This all-inclusive digital solution enables customers to expand and grow their businesses while being confident in the accuracy of their payment processes."

Make a Pay is an advanced online payment solution for e-commerce and merchants that offers users a seamless, convenient, and secure payment experience through the merchant's application or integrated platform with KMA krungsri app. This innovative solution helps businesses complete sales and receive payments faster as well as improving operational complexities and increases overall accounting efficiency. Recently, Krungsri introduced 'Make a Pay-Pay with KBOL' designed for businesses and SMEs, an extension of the widely adopted online payment solution catering to retail customers, 'Make a Pay-Pay with KMA'.

Mr. Witoon Suriyawanakul, CEO and founder of Siam Global House Public Company Limited, a valued Krungsri customer that embraced 'Make a Pay-Pay with KBOL', expressed that "Global House committed to leveraging digital technology to enhance our business operations and provide our customers with faster and more convenient services. We have an online shopping platform to serve both individual and commercial customers, and they understand that seamless, convenient, fast, and secure payment processes are integral to the best shopping experience. We adopted Krungsri Make a Pay to evolve our payment operations, enabling customers to easily manage payments through Krungsri Biz Online App. The customer-centric design simplifies transactions, eliminating the need for manual information fill-in, as data is automatically transferred from the system. The real-time functionality has further streamlined payment acceptance and balance checking, resulting in reduced inventory costs. Consequently, Make a Pay stands out as the payment solution that enriches the digital shopping journey."

In addition to delivering a seamless and secure payment experience with convenience and speed among business partners, 'Make a Pay-Pay with KBOL' also brings significant cost savings by streamlining inventory management and reducing accounting errors.

"Given the positive response received for 'Make a Pay-Pay with KMA' and the latest payment option, 'Make a Pay-Pay with KBOL,' we plan to launch 'Make a Pay-Pay with CashLink' as an alternative channel by this year. This strategic move aims to enhance transaction potential for our business customers, increase their competitiveness, and improve liquidity. This initiative aligns perfectly with the evolving financial landscape, setting the stage for sustainable business growth in the future," Ms. Ninlawan concluded.

Source: Bank of Ayudhya

Krungsri and Global House introduce a new payment option Krungsri Make a Pay to heighten shopping experiences for retail and business customers