AsiaPay, a leading payment service and technology provider in Asia since 2000, offers all-in-one award-winning and integrated digital payment services to merchants in APAC. Covering 100 payment methods in APAC: credit/debit Cards, eBanking, digital wallets, BNPL, over-the-counter, cryptocurrency; multi-channel, currency, language payment interface support; advanced digital payment technologies.
Core solution
Provide integrated multi-channel digital payment acceptance and technology to corporates and banks across Asia over 200 bank and alternate payment partners, enhancing sales conversion, service to customers, productivity, and security and risk controls, with experienced local account and technical support in 11 markets in Asia.
Target market
Hotel, airlines, travel and transportation, marketplace, retail, insurance, media and entertainment, professional services, and others.
Marketplaces
PSPs
Fintech
Banks
Crypto
Contact details
Carl Kong & Associate Director, Business Development
Geographical presence
Global, APAC
Year founded
2000
Investors
Joseph Chan Wing Cheung
Licence type
Applications in progress for new licenses in Asian countries
Member of industry association and/or initiatives
EMVCo, Plug and Play, various fintech associations across countries in Asia
Company's motto
To be the leading DIGITAL PAYMENT SERVICE & TECHNOLOGY player in Asia-Pacific and beyond
Payment Gateway
Yes
Main area of focus
Fintech and Future payment / Digital payment
Online
Yes. Online and mobile-responsive web. Mobile app SDK support
POS/In store
Hosted pages
White-label solution
White-labeled IPG and ACS solution (banks)
Recurring payments
Payment methods supported
Supported: credit cards, debit cards, pre-paid cards, online banking, e-wallets, mobile/ SMS, IVR, alternative payment methods, offline bank transfers in over 16 countries, a selection of local voucher/cash-on-delivery payment methods, ATM payments, and cash over the counter, smart POS.
Settlement currencies
Support up to 144 currencies (EUR/GBP/USD/RMB/JPY/THB/AUD/NZD/TWD/INR/HKD)
Instant settlement
Yes. Choice of daily T+1 settlement from acquirer
Tokenization
Yes. Support card schemes' VTS/MDES and In-house customised module
Payout/disbursements
Payments orchestration
Cryptocurrency payments solution
Reconciliation and reporting
B2B payments
ERP integration Provides interface/plug-in for popular ERP platforms
E-invoicing (automated) Yes. eStatement advice provided to merchant online
Factoring Yes
Chargeback management
Fraud ratio
PSD2/SCA less than 0.01%
Fraud and risk management partners
In-house R&D Fraud detection and alert system. Work with also G2 and Austreme
FX - number of currencies available
144+
Multi currencies virtual IBAN
Subject to acquirer support
Current account/settlement account
Embedded Finance/lending to SMEs or merchants
Embedded Finance/BNPL for consumers
Main clients/references
ACCOR Hotels, SHANGRI-LA, THE PENINSULA, CATHAY PACIFIC, Manulife, MTR, IKEA, BRITISH COUNCIL, DHL, BMW, McDonald's, Lenovo, Orbis, and more
Awards
Best Payment Solution Provider Asia Pacific 2022 by Global Banking & Finance Review Magazine
Fintech awards 2022 Outstanding all-rounded digital payment platform by ET NET
Professional Payment Platform Service in the Professional Financial Institutions Service Award 2022 by HK Commercial Newspapers
Most Innovative Payment Solutions Provider – Southeast Asia 2021 by PAN Finance
Market Leadership in Payment Gateway Award 2019/2020 by Hong Kong Institute of Marketing
FinTech Awards 2019-2021 in Corporate Payments Initiative by ET NET (HK)
The High-Growth Companies of Asia Pacific 2021 by Finance Times
The Best Retail Innovation – Industry Recognition Award by HK Retail Technology Industry Association
Stars of China 2020 Innovation in Payments by Global Finance, 2020
On the list of Visa Global Registry of Service Providers 2020
The Best Payment Solutions Provider Asia Pacific 2020 By Global Banking & Finance Review (APAC)
Future developments
AsiaPay continuously grows by further market expansions and build stronger partnerships with its integrated payment features and solutions. The company will continue to uphold its company’s reputation as the premier payment gateway suited for all types of businesses internationally. It will continue to bring regional, advanced, comprehensive, integrated, and secure services to the market.
Transaction volume
More information available upon request
Transaction value