Omise

Omise

Omise is next generation of Payment gateway company.It is the first awesome payment API in Thailand when you can accept payments on any platform, easy to integrate and fraud detection included.

Founded: May 2013

About Omise

They are a team of experts from around the globe working together. Their goal is to build the best online payment service and let anyone accept payments on the web and mobile.

Currently in Thailand, online stores are still striving to have a proper payment solution because applying and implementing has never been simple and smooth. All of the major PSP’s require tons of documentation to apply; minimum monthly commitments, high transaction fees and all take considerable amount of time to gain approval. Additionally, there is no good online API documentation or sandbox to test. Thus, stores drive their business by offline payment methods such as ATMs, Banks or online banking. Once shoppers have made their transactions, they have to send a proof of payment to there store via email or other social network channels. Since there is no payment notification, the store has to check the transaction manually which delays the delivery time and increases the chance of fraud. This fraud may occur by shoppers’ photo shopping their proof of payment.

Since a reliable, simple and smooth online payment system has been lacking in Thailand, Omise.co founder, Jun Hasegawa and co-founder Ezra Don Harinsut, recognized the need to bridge the gap between stores and shoppers. Therefore, the Omise team has been developing a payment solution that would be available for everyone to sign up and make online payments simple, easy, smooth and possible. Omise is ideal for both developers and non-developers. Applying for Omise only will require minimal online identification, no minimum monthly commitment and low transaction fees.

Providing the highest level of online payment security standard has always been Omise’s goal. That is why Omise has achieved PCI-DSS 3.0 compliant to meet all requirements from VISA and Master.

At Omise, they believe in providing their clients with the best in class online payment gateway product and service this industry has to offer.

TEAM
Funding
INVESTOR
STAGE
AMOUNT
DATE
Round: Series B
Round Size: US$17.5M
Date: Jul 2016
Round: Series B
Round Size: Undisclosed
Date: Oct 2015

Indonesia

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Round: Series A
Round Size: US$2.6M
Date: May 2015
Round: Seed
Round Size: US$300K
Date: Aug 2014
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