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Xsolla expands game payment solutions in Asia

Thursday 18 July 2024 11:06 CET | News

Video game commerce company Xsolla has expanded its payment solutions in Asia by adding Maya, PayNow, WeChat Pay HK, JazzCash, and Easypaisa.

 

Video game commerce company Xsolla has expanded its payment solutions in Asia by adding Maya, PayNow, WeChat Pay HK, JazzCash, and Easypaisa.

Xsolla announces the further expansion of its payment solution across Southeast Asia, East Asia, and Pacific markets. The entry into markets unlocks new territories and optimises existing payment channels for a region representing 46% of global game revenues.

Integrating popular local payment methods

Xsolla extends its payment solution by integrating Maya, PayNow, WeChat Pay HK, JazzCash, and Easypaisa for video game developers and gamers in the Philippines, Singapore, Hong Kong, and Pakistan. Now, game developers can reach over 76 million gamers across these markets and increase conversion rates through localised payment interfaces and local processing.

Maya is a fast-growing digital bank in the Philippines and a consumer finance app on the Google Play Store and Apple Store. PayNow in Singapore is a real-time payment channel that offers universal accessibility through its broad network of banks, stringent security measures, and enhanced payment connectivity for more than 5 million users. JazzCash and Easypaisa are Pakistan-based digital apps, serving more than 18 million and 15 million users annually, respectively. WeChat Pay HK is a mobile payment channel used by more than 1 million online and offline merchants in Hong Kong and beyond. It offers its services to 5 million residents.

Enabling growth for game developers

For game publishers, large or small, looking forward to international growth—particularly within Southeast Asia, East Asia, and Pacific regions—Xsolla’s move offers them an important resource: access not only to advanced technology and local payment solutions but also to deep market insights which come from working closely with local industry experts.

Officials from Xsolla said they are unlocking access to five new payment channels across four booming Southeast Asia, East Asia, and Pacific markets, providing game developers with the tools to reach more gamers, improve conversion rates, and increase revenue. These markets are growing faster than the global average, with an annual growth rate of 9.47% compared to the global rate of 8.76%. 

With 54% of global players in the APAC region, these predominantly younger gamers benefit from a high mobile penetration rate: 80.5% in Pakistan and over 140% in the other three countries, far above the global average of 69% in 2023. By offering local payment methods like Maya, PayNow, WeChat Pay HK, JazzCash, and Easypaisa, Xsolla is making it easier for developers to monetise their games in one of the world's fastest-growing gaming regions.

The Xsolla Payments solution offers a global reach with over 700 payment methods through a highly customisable multi-platform checkout, delivering a more comprehensive selection than most payment solutions in the industry. This expansion aims to help developers monetise and distribute their games globally while building a credible local presence in Asia.


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Keywords: mobile payments, digital wallet, local payment method, expansion, online payments
Categories: Payments & Commerce
Companies: Xsolla
Countries: Asia
This article is part of category

Payments & Commerce

Xsolla

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