AsiaPay
AsiaPay is a Hong Kong-based digital payment gateway vendor founded in 2000, operating across 17 offices in 15 Asian markets. It provides a unified multi-currency, multi-channel payment processing platform with fraud detection and tokenisation to merchants, banks, and corporate entities, earning revenue via transaction fees.
- Company typePrivate
- Founded2000
- HeadquartersNorth Point, Hong Kong SAR China
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What AsiaPay does
AsiaPay (AsiaPay Limited) is a Hong Kong-headquartered digital payment gateway and technology vendor founded in 2000 by Joseph Chan. The company operates a unified payment processing platform that enables merchants to accept credit/debit cards, bank accounts/netbanking, digital wallets, buy-now-pay-later (BNPL), over-the-counter (OTC) payments, and other digital methods through a single integration. The platform supports multi-currency, multi-lingual, multi-card, and multi-channel processing, and is bundled with fraud detection, tokenisation, and data analytics capabilities. AsiaPay also offers eCommerce platform plugins for mid-market merchants and an omnichannel payment infrastructure bridging online checkout and in-store POS environments.
AsiaPay distributes its platform through a direct B2B enterprise sales motion targeting merchants and e-businesses (primary segment), as well as banks and corporate entities (secondary segments), supported by 17 operation offices across the Asia-Pacific region covering 15 Asian markets. Revenue is generated on a transaction-fee basis. Strategic distribution partnerships include Visa (for the Click to Pay rollout in APAC e-commerce, announced August 2025) and AsiaPac (for a unified marketing-and-payment ecosystem across 15 Asian markets, announced January 2026). AsiaPay holds PCI Security Standards Council Associate Participating Organization status and is a corporate member of twelve industry associations including EMVCo, FinTech Australia, HKIM, HKABA, and SGTech. The company is privately held, has 101-250 employees, and has grown organically over 25 years without disclosed venture funding.
AsiaPay firmographics
Firmographics- Name
- AsiaPay
- Legal name
- AsiaPay Limited
- Website
- https://asiapay.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- AsiaPay is a Hong Kong-based digital payment gateway vendor founded in 2000, operating across 17 offices in 15 Asian markets. It provides a unified multi-currency, multi-channel payment processing platform with fraud detection and tokenisation to merchants, banks, and corporate entities, earning revenue via transaction fees.
- Ownership category
- akta.pro rank
AsiaPay industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE), Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG), Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods (FSAGAKAD)
Keywords
Where AsiaPay is headquartered
LocationHeadquarters
- HQ city
- North Point
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
AsiaPay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Services: Transaction-based payment processing fees for accepting digital payments including credit/debit cards, bank accounts/netbanking, digital wallets, BNPL, and over-the-counter payments through their integrated platform
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
AsiaPay product offering
Product offeringCore offering
AsiaPay operates a unified digital payment gateway platform that enables merchants, banks, and corporate entities across Asia-Pacific to accept credit/debit cards, bank accounts/netbanking, digital wallets, buy now pay later, over-the-counter payments and other digital payment methods in a single integrated system. The platform supports multi-currency, multi-lingual, multi-card, and multi-channel processing, bundled with advanced functionalities including fraud detection, tokenisation, and data analytics. Headquartered in Hong Kong with 17 operation offices across the region, AsiaPay serves thousands of businesses with local accounts and technical services.
Product overview
AsiaPay operates as a digital payment gateway vendor offering a unified platform for processing diverse payment methods including credit/debit cards, bank accounts/netbanking, digital wallets, buy now pay later, and over-the-counter payments. The core product integrates multi-currency, multi-lingual, multi-card, and multi-channel payment solutions bundled with advanced functionalities such as fraud detection, tokenisation, and data analytics. The portfolio includes the core Digital Payment Gateway Platform with its Omnichannel Payment Infrastructure for connecting online and offline commerce, supplemented by eCommerce Platform Plugins, Value-added Services and Solutions, and Payment Options and Partners integration services. Headquartered in Hong Kong, AsiaPay delivers services across 17 operation offices in Asia-Pacific.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Payment Gateway Platform
Companies that use AsiaPay
Customer profileSegments3 records
Ideal customer profiles3 records
AsiaPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
AsiaPay partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- AsiaPaccoreAsiaPac and AsiaPay signed an MOU on January 26, 2026, forming a strategic partnership to create a unified marketing-and-payment growth ecosystem covering 15 Asian markets. The collaboration integrates AsiaPac's AI SaaS marketing platforms with AsiaPay's omnichannel payment solutions, connecting online and offline commerce environments to help brands accelerate cross-border sales. Both companies are headquartered in Hong Kong.
- VisacoreVisa has entered strategic partnerships with payment processors including AsiaPay to expand its Click to Pay product across the Asia-Pacific e-commerce market. The Asia-Pacific e-commerce market is projected to reach $4.4 trillion in 2025 and $7.25 trillion by 2030.
- AdyenmajorAdyen is part of Visa's strategic partnerships to expand Click to Pay product across the Asia-Pacific e-commerce market alongside AsiaPay and other payment processors.
- WorldpaymajorWorldpay is part of Visa's strategic partnerships to expand Click to Pay product across the Asia-Pacific e-commerce market alongside AsiaPay and other payment processors.
- 2C2PmajorSingapore-based fintech 2C2P is part of Visa's strategic partnerships to expand Click to Pay product across the Asia-Pacific e-commerce market.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
AsiaPay competitors and assessment
Company assessmentDirect peers
- 2C2P: Singapore-headquartered payment processor explicitly named alongside AsiaPay as a Visa Click to Pay APAC partner. Operates a multi-currency, multi-method gateway across Southeast Asia, directly comparable in product and geography.
- Checkout.com: Global payment processor focused on enterprise merchants and APM enablement across multiple geographies including APAC. Directly comparable omnichannel gateway value proposition targeting large digital merchants.
- Nuvei: Global payment technology company focused on omnichannel acquiring and APM enablement across APAC, Europe, and the Americas. Closely comparable in cross-border e-commerce gateway offering and target merchant segments.
Broad incumbents
- Adyen: Global unified payments incumbent named in the same Visa Click to Pay APAC partnership as AsiaPay. Competes head-to-head for large enterprise merchants in APAC with broader geographic coverage and stronger balance sheet.
- Worldpay: Global merchant acquirer and processor also partnered with Visa for Click to Pay in APAC. Comparable in offering omnichannel, multi-currency acquiring, but at much larger scale and broader geographic reach.
- Stripe: Global internet-economy payment platform with strong APAC merchant footprint. Competes with AsiaPay for online merchants and developer-led integrations, with broader payment-method coverage and developer tooling.
- Global Payments: Large multinational payment processor and merchant acquirer with APAC presence. Competes in the same omnichannel merchant acquiring space as AsiaPay, though with a much wider product portfolio and broader geographic coverage.
- PayPal: Global digital payments giant serving consumers and merchants with online checkout, APMs, and cross-border capabilities. Competes for the same mid-market and enterprise e-commerce merchants in APAC.
- FIS (Worldpay owner): Large financial technology provider owning Worldpay with deep merchant acquiring and processing capabilities. Competes broadly with AsiaPay across enterprise and mid-market acquiring in APAC.
Regional players
- eGHL: Malaysia-based regional payment processor serving Southeast Asian merchants with multi-currency online acquiring. Comparable regional PSP focused on local payment rails in markets where AsiaPay also operates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
AsiaPay social profiles
Digital presenceAsiaPay compliance and trust
Trust signalCompliance1 record
AsiaPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
AsiaPay leadership team
Management profileNumber of profiles
Profiles1 record
AsiaPay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AsiaPay M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AsiaPay
What does AsiaPay do?
AsiaPay operates a unified digital payment gateway platform that enables merchants, banks, and corporate entities across Asia-Pacific to accept credit/debit cards, bank accounts/netbanking, digital wallets, buy now pay later, over-the-counter payments and other digital payment methods in a single integrated system. The platform supports multi-currency, multi-lingual, multi-card, and multi-channel processing, bundled with advanced functionalities including fraud detection, tokenisation, and data analytics. Headquartered in Hong Kong with 17 operation offices across the region, AsiaPay serves thousands of businesses with local accounts and technical services.
Is AsiaPay a public or private company?
AsiaPay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AsiaPay founded?
AsiaPay was founded in 2000. It employs 101 to 250 people.
Where is AsiaPay based?
AsiaPay is headquartered in North Point, Hong Kong SAR China, in the Asia region.
How does AsiaPay make money?
One revenue line is on record: payment Processing Services.
Who are AsiaPay's main competitors?
Direct peers on record are 2C2P, Checkout.com and Nuvei. Broad incumbents are Adyen, Worldpay, Stripe, Global Payments, PayPal and FIS (Worldpay owner). eGHL is listed as a regional player.
Does AsiaPay have an API?
No public API is recorded for AsiaPay.
What industry is AsiaPay in?
AsiaPay's product category is Payment Processing. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAMABAA, Integrated Payment Processors (PSP/Acquirer). Its NAICS code is 52232 and its SIC code is 6199.