PAMMO — PAYMENT PROCESSOR PARTNERS
Version 1 — Publication-Ready Pending Final Review Last Updated: 2026-05-18 Effective Date: 15 June 2026
This disclosure identifies the third-party payment processors that AEDOWON CO., LTD and AEDOWON SINGAPORE PTE. LTD. (UEN 202612161D) (together, "Pammo") use to authorize, settle, reconcile, and pay out across the dual-entity geo-routing structure for the Pammo Service.
It supplements:
- Main T&C §0 (Contracting-Entity Allocation), §4.3 (Authorized Payment Methods), §7.5 (Chargeback SOP)
- Privacy Notice §2.3 / §4.1
- Sub-Processor List §2
1. ROLES AND RESPONSIBILITIES
Pammo itself is not a regulated payment institution. We engage licensed payment service providers ("PSPs") to handle all payment-card data, banking, and Strong Customer Authentication (SCA / 3-D Secure). Card data and bank credentials are submitted directly to the PSP and never stored on Pammo's servers.
| Function | Pammo | PSP |
|---|---|---|
| Card data capture / storage | ❌ | ✅ (PCI DSS Level 1) |
| 3-D Secure / SCA / Thai issuer OTP | ❌ | ✅ |
| Currency conversion | ❌ | ✅ (or card issuer) |
| Chargeback handling | Coordinates | ✅ (executes via card network) |
| Withholding-tax certificate issuance (TH) | ✅ (AEDOWON Thailand) | — |
| Payout to Affiliates / Creators | Initiates | ✅ (Currenxie / Wise / PayPal executes) |
2. PRIMARY PAYMENT PROCESSORS — DUAL-ENTITY ROUTING
2.1 TH Route — Omise (Opn Payments Co., Ltd.)
Provider: Opn Payments Co., Ltd. (operating "Omise"), Thailand-licensed payment service provider.
Contracting Pammo entity: AEDOWON CO., LTD
Function: TH Route checkout, card authorization (Visa, Mastercard, JCB), debit-card processing, PromptPay (QR / instant transfer), TrueMoney Wallet, mobile-banking redirect, recurring billing, subscription management, Thai tax handling (VAT 7%), Thai withholding-tax code application, chargeback coordination, 3-D Secure authentication.
Settlement currency: THB.
Coverage: Thailand-resident Users.
Regulator: Bank of Thailand (Payment Systems Act B.E. 2560 supervision).
Privacy Policy: opn.ooo/privacy-policy
PCI DSS: Card-data handling is performed by Omise (PCI DSS Level 1 certified); Pammo does not store card numbers.
2.2 International Route — Polar.sh (Polar Software, Inc.)
Provider: Polar Software, Inc. acting as Merchant of Record (MoR), with its payment infrastructure partners.
Contracting Pammo entity: AEDOWON SINGAPORE PTE. LTD. (UEN 202612161D).
Function: International Route checkout, card authorization (Visa, Mastercard, American Express, JCB where supported), subscription billing, MoR-level tax compliance (US sales tax, EU VAT MOSS / IOSS, UK VAT, Singapore GST, other-jurisdiction local tax compliance per Polar's MoR scope), receipts, billing analytics dashboard, chargeback coordination, 3-D Secure or equivalent strong customer authentication where required.
Settlement currency: USD primary; multi-currency display at checkout where Polar supports the User's local currency.
Coverage: Non-Thailand-resident Users.
Regulator (Polar): U.S. federal and state money-transmission and tax obligations applicable to Polar as MoR.
Privacy Policy: polar.sh/legal/privacy
PCI DSS: Card-data handling is outsourced to Polar and its payment infrastructure partners; Pammo does not store card numbers.
2.3 Currenxie (Currenxie Technologies Limited) — Affiliate / Creator Payouts
Provider: Currenxie Technologies Limited (Hong Kong).
Function: Multi-currency virtual accounts, FX, international settlement, banking, and outbound payouts to Affiliates / Creators in their local currency.
Coverage: Global (USD, SGD, HKD, EUR, GBP, THB via correspondent banking, and others).
Regulator: Hong Kong Customs and Excise Department (Money Service Operator licence); EU partner banks for SEPA.
Privacy Policy: currenxie.com/privacy
2.4 Wise (Wise Payments Limited) — Reserved / Not Active at Launch
Wise is reserved as a future international-payout provider for Affiliate / Creator payouts in corridors not handled by Currenxie. Wise is not engaged at launch. If activated, this section will be updated and the Sub-Processor change notice in Pammo-Sub-Processor-List-V1 applies (≥ 30 days' prior notice and right of objection).
Provider (if activated): Wise Payments Limited (United Kingdom) and Wise Group affiliates.
Regulator (if activated): UK Financial Conduct Authority (FCA); Monetary Authority of Singapore (MAS), where applicable.
Privacy Policy: wise.com/privacy-policy
2.5 PayPal (Singapore) — Affiliate / Creator Payout Option
Provider: PayPal (Singapore) Pte. Ltd.
Function: Affiliate / Creator payout where the counterparty has elected PayPal as their preferred rail.
Regulator: Monetary Authority of Singapore (MAS) under the Payment Services Act.
Privacy Policy: paypal.com/sg/legalhub/privacy-full
2.6 Card Networks (Indirect)
When you pay by credit or debit card, your card data and transaction are also processed by:
- Visa Inc. — visa.com/legal/privacy-policy
- Mastercard Incorporated — mastercard.com/global/en/vision/corp-responsibility/commitment-to-privacy.html
- JCB Co., Ltd. (TH / JP) — global.jcb/en/privacy/
- American Express Company (where used on the International Route) — americanexpress.com/privacy
Card-network processing is governed by the network's own privacy policy and your card issuer's terms.
3. WHAT THESE PROCESSORS RECEIVE
Each PSP receives only the data necessary to perform its function:
| PSP / Partner | Data Received |
|---|---|
| Omise (TH Route checkout) | Card data (tokenized), PromptPay binding, TrueMoney wallet identifier, mobile-banking redirect, billing identity, billing address, amount, currency (THB), 3-D Secure or OTP authentication result, transaction descriptor, chargeback status, Thai withholding-tax codes |
| Polar.sh (International Route MoR) | Card data (handled by Polar's hosted checkout), billing identity, billing address, amount, currency, tax-location data, 3-D Secure or equivalent authentication result, transaction descriptor, chargeback status |
| Currenxie | Beneficiary banking / payout details, payout amount, currency, country, sender (Pammo SG) identifier, transfer narrative |
| Wise (if / when activated) | Beneficiary banking / mobile-wallet details, payout amount, currency, country, sender (Pammo SG) identifier |
| PayPal | Beneficiary PayPal account / email, payout amount, currency, sender identifier |
| Card Networks | Card number, amount, merchant / MoR identifier, country, transaction timestamp |
Pammo itself receives only tokenized references, transaction IDs, invoice / receipt records, payout records, and chargeback status needed to operate the Service — not the underlying card number.
4. 3-D SECURE / SCA STRONG AUTHENTICATION
3-D Secure (3DS), Strong Customer Authentication (SCA), or Thai issuer OTP is used where supported or required by the hosted checkout / card issuer per Main T&C §4.3. This authenticates the User to the card issuer or payment provider (typically via OTP, app push, or biometric) before the transaction is authorized.
3DS is the first line of chargeback defense. Chargebacks raised after successful 3DS authentication have weak liability-shift posture for the cardholder — see Main T&C §7.5.
5. CHARGEBACK DISPUTE PROCESS
Per Main T&C §7.5:
- Step 1 — Contact us first. Email billing@pammo.co with the issue. We respond within 7 calendar days. Initiating a chargeback before contacting us is a material breach of the Terms.
- Resolution offers: Pammo may offer in-app credits, plan switch, or extension of the Subscription Cycle. No cash refund outside of the §7.2 Yearly 7-day / 10% Quota window and the §7.6 mistaken-or-duplicate-charge window.
- If chargeback proceeds: Pammo submits a dispute response to the PSP with usage logs, 3DS authentication proof, and Terms-acceptance timestamp within the PSP's dispute window (typically 7–14 days).
- Account suspension: Immediate, pending resolution.
- If chargeback fails (Pammo wins): Account restored.
- If chargeback succeeds (User wins): Permanent ban of account and associated accounts; recovery of chargeback amount + fees + administrative costs through any lawful means (subject to Main T&C §7.5(d) credit-bureau referral safeguards).
6. CURRENCY AND FX
6.1 Default display currency. Pammo prices are denominated in THB in the Pricing Schedule (consistent with Pammo's Thailand-first market). International Route Users see a USD or local-currency equivalent at checkout computed from THB by Polar at the prevailing rate published by Polar at the time of charge; the rate is locked for the Billing Cycle.
6.2 Currency conversion. Where the card issuer or PSP converts, the rate is determined by the card issuer or PSP and may include a markup. Pammo does not control the conversion rate.
6.3 THB Payout FX Lock (Affiliate / Creator). For payouts denominated in THB to Thailand-resident Affiliates / Creators paid from the Pammo SG entity (cross-route payouts), the USD → THB rate is locked at the Bank of Thailand mid-rate published on the last business day of the calendar month preceding the payout (per Pammo-Pricing-Schedule-V1 §11.2). Where the Affiliate / Creator is paid from the Pammo TH entity (same-entity Bank transfer), THB-native settlement is used.
6.4 Payout statement disclosure. Each payout statement discloses: original USD or THB Commission amount, payout currency, rate used, conversion date, converted THB amount (where applicable), withholding amount (if any), payout method, and released-vs-held accrual balance.
7. TAX WITHHOLDING
7.1 Thailand Affiliates / Creators (TH Route entity payouts). AEDOWON CO., LTD may withhold Thai withholding tax (typically 3% on service income) on payments to Thai-resident counterparties per the Thai Revenue Code. Annual withholding certificate (Phor Ngor Dor 50 / 50 ทวิ) is issued by AEDOWON CO., LTD
7.2 Singapore Affiliates / Creators (SG-entity payouts). AEDOWON SINGAPORE PTE. LTD. may withhold income tax on payouts per Singapore IRAS guidance.
7.3 Non-SG / Non-TH-resident Affiliates / Creators. Must complete IRS Form W-9 (US persons) or W-8BEN / W-8BEN-E (non-US individuals / entities) and applicable CRS / FATCA self-certification before payout. See Pammo-Affiliate-Program-Terms-V1 §8.5(b) and Pammo-Creator-Program-Terms-V1 §7.6(b).
7.4 Cross-route consistency. Where an Affiliate / Creator earns commission attributable to both routes (e.g., a Thai-resident Creator referring an International-Route User), Pammo applies the WHT regime of the payee's residence jurisdiction (TH WHT for TH-resident payees, etc.), with the payment funded by the relevant entity per the operator-allocation in Pammo-Program-Rules-V1 §3.9 and §5.
8. PCI DSS COMPLIANCE
Pammo's payment-data handling is structured to minimize PCI DSS scope:
- Card data never reaches Pammo servers. All card-data capture happens on Omise's hosted checkout (TH Route) or Polar's hosted checkout and its payment infrastructure partners (International Route).
- Tokenization. Pammo stores only provider-issued payment-method tokens, transaction IDs, invoice IDs, and reconciliation references (non-PCI-scope identifiers).
- Provider PCI controls. Omise and Polar (and their payment infrastructure partners) are responsible for PCI DSS controls for hosted checkout and card-data handling. Currenxie / Wise / PayPal are used only for payout rails and do not require Pammo to store card numbers.
Pammo itself operates at SAQ A (lowest PCI DSS scope) where applicable, because card data is fully outsourced to the PSP via redirect / iframe / token APIs.
9. STRONG CUSTOMER AUTHENTICATION (SCA) AND PSD2
For payments processed through European cards or European-licensed PSPs, Strong Customer Authentication (SCA) per EU PSD2 is performed by the PSP. Pammo does not bypass SCA. For Thai-issued cards, the Bank-of-Thailand-mandated OTP / liveness flow is performed by Omise.
10. CHANGES TO PAYMENT PROCESSORS
Per Sub-Processor List change policy: at least 30 days' prior notice before engaging any new material payment processor or replacing one in a different jurisdiction. Notice via email + this page update + in-app banner. Right of objection per Pammo-Data-Processing-Addendum-V1 §7.
11. CONTACT
- Billing / Payment Inquiries: billing@pammo.co
- Chargeback Disputes: billing@pammo.co
- Affiliate / Creator Payouts: affiliate@pammo.co / creators@pammo.co
END OF PAMMO PAYMENT PROCESSOR PARTNERS — V1 (PUBLICATION-READY PENDING FINAL REVIEW) Last Updated: 2026-05-18