Company Database - AsiaPay

Your Trusted ePayment Partner

AsiaPay is a premier digital payment solution and technology vendor and payment service provider. Our company strives to bring advanced, secure, integrated, and cost-effective electronic payment processing solutions and services to banks, corporates, and e-businesses in the worldwide market, covering international credit cards, debit cards, e-wallets, prepaid cards, cash-counters, BNPL, and others.

Core solution

Providing integrated multi-channel digital payment acceptance and technology to corporates and banks across Asia (over 200 bank and alternative payment partners) enhancing sales conversion, service to customers, productivity, and security and risk controls, with an experienced local account and technical support in 16 markets in Asia.

Target market

Hotels, airlines, travel and transportation, marketplace, retail, insurance, media and entertainment, professional services, education, NGOs, and others

Contact details

Carl Kong, Associate Director, Business Development

Geographical presence

Global. Operations in: Hong Kong, Australia, China, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam

Year founded



Joseph Chan Wing Cheung

License type

  • Singapore - MPI License

  • Thailand - Regulated Payment Service Business

  • Malaysia - Compliance with Section 5(3) of the Payment System Act 2003

  • The Philippines - Operator of Payment System (OPA)

  • Indonesia - Application in progress

Member of industry association and/or initiatives

EMVCo, Plug and Play, various fintech associations across countries in Asia

Company's motto

The leading DIGITAL PAYMENT SERVICE & TECHNOLOGY player in Asia-Pacific and beyond

Service Provider Type

Payment Gateway


Cryptocurrency payments solution


Channels - Context


Yes. Online and mobile-responsive web. Mobile app SDK support.

POS/In store


Omni channel


Payments capabilities

Hosted pages


Whitelabel solution 

White-labeled IPG and ACS solution (banks)

Recurring billing


Payment methods supported

Credit cards, debit cards, prepaid cards, online banking, e-wallets, SMS/IVR, bank transfers in over 11 countries, as well as a selection of local voucher/cash-ondelivery payment methods, ATM payments, cash over-the-counter, and smartPOS 

Settlement currencies


Instant settlement 

Yes. Choice of daily T+1 settlement from the acquirer


Yes. Support card schemes’ VTS/MDES and In-house customised module



Payments orchestration


Reconciliation and reporting 


B2B payments 


ERP integration 

Provide interface/plug-in for popular ERP platforms

E-invoicing (automated) 

Yes. eStatement advice provided to merchant online




Consolidated data and reporting dashboard

Provides near real-time online analysis of payments from sales summary, transaction amount to customer’s shopping habits (e.g. payment methods, payment channel, geographical location, etc).

Fraud & Risk Management Capabilities

Chargeback management


Fraud ratio PSD2/SCA

Less than 0.01%

Fraud and Risk Management Partners

In-house R&D fraud detection and alert system. Also works with G2 and Austreme

Financial and Compliance Capabilities

FX -  number of currencies available 


Multi currencies Virtual IBAN

Subject to acquirer support

Current account/settlement account



Partner with lending partner

Instant settlement 



Main clients/references

For merchants, Accor Hotels, The Peninsula, Intercontinental, Cathay Pacific, Manulife, Prudential, MTR, IKEA, British Council, Microsoft, Lenovo, McDonald's, KFC, Orbis, WWF, and many more. For banks, HSBC, Bangkok Bank, KTC, KTB…etc 


  • Most Innovative Payment Solutions Provider – Southeast Asia 2021 by PAN Finance, 2021

  • Market Leadership in Payment Gateway Award 2019/2020 by Hong Kong Institute of Marketing

  • 2021/ FinTech Awards 2019-2020 in Corporate Payments Initiative by etnet (HK)

  • The High-Growth Companies of Asia Pacific 2020 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 as it seeks further market expansions and builds stronger partnerships with its integrated payment features and solutions. The company will continue to uphold its 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 toward its future technological generation. 


Transaction volume 

More information upon request

Transaction value 

More information upon request