Omise becomes a direct acquirer for Visa and Mastercard in Thailand

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Omise has become a direct acquirer for Visa and Mastercard in Thailand, allowing it to manage card acquiring and settlement itself and bring more payment processes into its own infrastructure. The company said this status lays the groundwork for offering acquiring-as-a-service (AaaS), PayFac and payment orchestration services in the future; simplifying merchant onboarding and improving payment performance are potential downstream effects cited by the company.