Omise becomes a direct Visa and Mastercard acquirer in Thailand
The payments provider said direct acquiring will support card processing and settlement for merchants on its own infrastructure.
Omise announced November 9 that it became a direct acquirer for Visa and Mastercard in Thailand.
The company said the status allows it to process card payments and settle funds on its own infrastructure, rather than relying on partner banks for those acquiring functions. Omise described the move as a foundation for future merchant services, including acquiring-as-a-service and payment orchestration.
Direct acquiring can give a payment provider greater control over merchant onboarding and processing operations, but it does not guarantee improved authorization rates or lower merchant costs. Performance also depends on issuer decisions, fraud controls, scheme rules and the provider’s own uptime and risk operations.
The announcement is specific to Thailand and does not establish that Omise has direct acquiring status in other markets. Merchants should confirm eligibility, pricing, settlement terms and the scope of supported card services before onboarding.