About us

The Key Element to Success

We’re a fast-growing payments company aiming to simplify your payment needs and helping fast-growing enterprises like tech giants, online marketplaces and global retailers accept payments securely. As a fully regulated payment provider, we can participate in any business activities and practices that comply with the law and regulation. As our business continues to grow, we are developing and releasing more products and services to improve our range of offerings.

Bank cards

Internet payments

Bill payments

Branch counters

Mobile payments

Direct Debit

Payment kiosks

History

Element Payment Solutions started in 2018 as a small startup providing financial services in the Thailand market. The next three years of rapid development of the financial technology industry in the world and in Southeast Asia, in particular, the company’s turnover has increased many times. In 2019 our payment system was certified by the industry standard PCI DSS 3.2.1, in 2020 it was licensed by the Bank of Thailand in accordance with the new requirements of the regulator. In 2024, we proudly achieved the PCI DSS 4.0 certification.

Today the company has offices in several countries with a young and highly motivated team that is constantly increasing. Our team sets and achieves ambitious goals with confidence. As a result of our team’s work is integration with many banks in Southeast Asia: Thailand, Laos, Vietnam, Myanmar, Malaysia, and the Philippines.

Our talented staff are developing the number of own products that are provided to the market both under our own brands and under the "white label" - branded later by our partners.

years we have been actively participating in the development of the fintech market in Thailand

countries in Southeast Asia our company is registered and continues to further expand its geographical presence

payment methods available in our solution

Roadmap

2024

April

Member of Thai Fintech Association

2024

January

PCI DSS 4.0 certification

2023

May

Company registration in Pakistan

2023

March

Company registration in Indonesia

2021

January

Access to the Vietnamese market

2020

November

Launch in B2B payments market

2020

January

Obtaining Bank of Thailand licenses

2019

November

Company registration in Malaysia

2019

September

PCI DSS 3.2.1 certification for cards

2019

May

Company registration in Laos

2019

March

Entering the Philippine market

2019

February

First contract with government agencies

2019

January

Business growth: sustainable profits and full ROI

2018

March

Launch of Element Payment Solutions in Thailand

Team

Ray Ahmad

Managing director

Eduard Adamyan

Managing partner

Nikolay Yelsukov

Technical director

Geography

  • working now
Geography

Thailand

14
Banks
56
Payment methods

Element Payment Solutions (Thailand) Co., Ltd.

17 Rama IX 60 (Soi 8 Seri 7),
Phatthanakan Sub-district Suan Luang District
Bangkok 10250
Thailand

+662-073-7189

sales@elementpay.io

Laos

Element Payment Solutions Lao Co.,Ltd
Crowne Plaza Building, 20
Samsenthai Road Nongduang
Nua village, Sikhottabong
District, Vientiane., Laos PDR

sales@elementpay.io

Malaysia

Element Payment Solutions Sdn.Bhd.
Level 7, Unit 1 Menara
MBMR,No.1, Jalan Syed
Putra, Kuala Lumpur

sales@elementpay.io

Pakistan

Element Payment Solutions (Pvt) Ltd.
Office 301, 3rd Floor
25-C Main Kh-e-Nishat
Phase 6 DHA, Karachi,
Pakistan

sales@elementpay.io

Cambodia

Centric B18,
Corner building,
Phnom Penh, Cambodia

sales@elementpay.io

Myanmar

Weizzer Street,
No. 45/46,9 Mile,
Mayangone Township,
Yangon Region, Myanmar

sales@elementpay.io

Indonesia

Panin Tower Senayan City
Lt. 15, Jalan Asia Afrika Lot 19,
Jakarta, Indonesia

sales@elementpay.io

  • Thailand

    14
    Banks
    56
    Payment methods

    Element Payment Solutions (Thailand) Co., Ltd.

    17 Rama IX 60 (Soi 8 Seri 7),
    Phatthanakan Sub-district Suan Luang District
    Bangkok 10250
    Thailand

    +662-073-7189

    sales@elementpay.io

  • Laos

    Element Payment Solutions Lao Co.,Ltd
    Crowne Plaza Building, 20
    Samsenthai Road Nongduang
    Nua village, Sikhottabong
    District, Vientiane., Laos PDR

    sales@elementpay.io

  • Malaysia

    Element Payment Solutions Sdn.Bhd.
    Level 7, Unit 1 Menara
    MBMR,No.1, Jalan Syed
    Putra, Kuala Lumpur

    sales@elementpay.io

  • Pakistan

    Element Payment Solutions (Pvt) Ltd.
    Office 301, 3rd Floor
    25-C Main Kh-e-Nishat
    Phase 6 DHA, Karachi,
    Pakistan

    sales@elementpay.io

  • Myanmar

    Weizzer Street,
    No. 45/46,9 Mile,
    Mayangone Township,
    Yangon Region, Myanmar

    sales@elementpay.io

  • Cambodia

    Centric B18,
    Corner building,
    Phnom Penh, Cambodia

    sales@elementpay.io

  • Indonesia

    Panin Tower Senayan City Lt. 15,
    Jalan Asia Afrika Lot 19,
    Jakarta, Indonesia

    sales@elementpay.io