Omise Becomes Direct Acquirer for Visa and Mastercard in Thailand

Becoming a direct acquirer means Omise can now handle card payment processing and settlement for merchants directly, rather than relying on external intermediaries. Omise reports that this increased control over the payment stack could, over time, streamline merchant onboarding, reduce the number of parties involved in transactions, improve payment performance, and offer clearer transaction visibility for businesses.

Omise anticipates this new capability will support future enhancements in critical operational areas such as payment authorisation, reconciliation, reporting, and fraud management. The company's Chief Operating Officer, Sutthiporn Mekhaaphirak, noted that strengthening these capabilities allows Omise to continue investing in technologies that assist merchants in navigating an increasingly digital economy.

The direct acquirer status also reportedly establishes a foundation for future offerings, including acquiring-as-a-service (AaaS) and payment facilitation (PayFac), where Omise could process payments for smaller merchants under its own acquiring relationship. Omise also identified payment orchestration, coordinating multiple payment providers through a single layer, as a potential future offering. These advanced capabilities are intended for platforms, marketplaces, financial institutions, and enterprise businesses.