AltPayNet

What AltPayNet does

AltPayNet is a private digital payments solutions provider founded in 2015, headquartered legally in Hong Kong (Wan Chai) with primary operations in Makati, Philippines, and additional legal entities in the United States and Europe. The company operates a modular platform-plus-services architecture anchored by a white-label payment gateway that connects merchants and financial institutions to 50+ payment networks (Visa, Mastercard, AliPay, PayPal, China UnionPay, GCash, GrabPay, PESONet, Instapay, SEPA, JCB, Klarna, Affirm, Afterpay, Apple Pay, Google Pay, cryptocurrency rails including Bitcoin, Ethereum, Litecoin, Tether, and Ripple) across 100+ countries. Core offerings include merchant acquiring, third-party payment processing, white-label SaaS mobile and web applications, fraud and risk management, cybersecurity assessment services, mobile banking, cross-border remittance, e-invoicing (e-Snapped), and a separate AI-driven loyalty software product (PULSE).

The company monetizes through a mix of transaction processing fees, recurring software licensing/SaaS subscriptions, professional services (consulting, back-office, cybersecurity assessment), and access fees to alternative payment method networks. It is PCI DSS Level 1 certified, recognized as a DICT Cybersecurity Assessment Provider under Philippines Republic Act No. 10844, and a Principal Member Acquirer for Discover and Diners Club International, with financial licenses in the Philippines and Malaysia. Distribution is hybrid: direct enterprise field sales to banks, fintechs, and large merchants supplemented by a channel-partner network (white-label PSPs, ISOs, VARs, ISVs).

Recent strategic activity signals scaling and platform extension. In 2025 the company launched PULSE Loyalty Software and partnered with Crunchfish to introduce governed offline payment capabilities aimed at last-mile rural Philippine communities, with joint presence at Sibos 2025. In early 2026, AltPayNet adopted Ripple's expanded stablecoin payments platform to support cross-border flows across 60+ markets. Customer segments include traditional and digital banks, fintechs, e-commerce merchants, government agencies, and loyalty program operators, with a thematic focus on the Filipino diaspora, OFW remittances, and Southeast Asian cross-border payments.

Name

AltPayNet

Legal name

AltPayNet

Website

https://altpaynet.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

AltPayNet is a Hong Kong-headquartered digital payments solutions provider operating primarily in the Philippines, offering white-label payment gateways, merchant acquiring, remittance, e-invoicing, and an AI-driven loyalty platform to banks, fintechs, and merchants across 100+ countries.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Prepackaged Software (7372), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSAGABAE

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure

Financial & Insurance/Financial Technology (Fintech)/Payment Orchestration & Fintech Infrastructure (APIs, Issuing, Processing)

SECONDARYFSAGALAB

Embedded Payments (Pay-ins, Pay-outs, Wallets)

Financial & Insurance/Financial Technology (Fintech)/Embedded Finance & Banking-as-a-Service (BaaS)

SECONDARYBPAMAFAK

Cross-Border & FX Payments Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

SECONDARYBPAMAFAL

Crypto Payments & Stablecoin Settlement Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

SECONDARYFSAGAKAO

Crypto-Enabled Cross-Border Transfers & On/Off-Ramps

Financial & Insurance/Financial Technology (Fintech)/Remittance & Cross-Border Money Movement

Keywords

• White-label payment gateway
• Digital payment processing
• Cross-border remittance solutions
• Merchant acquiring services
• Payment infrastructure SaaS

Headquarters

HQ city

Wan Chai

HQ country

Hong Kong SAR China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Transaction Processing Fees: Fees charged per transaction processed through the payment gateway, including card transactions, alternative payment methods, and cross-border payments.
2. SaaS/Software Licensing: White-label software solutions including payment gateway, mobile banking, e-invoicing, property management, crowdfunding platform, and consulting/back office solutions provided as software services.
3. Third-Party Payment Processing: Access to multiple payment methods used by consumers globally, charging for processing and access to alternative payment method networks.
4. Professional Services: Consulting and implementation services for payment solutions, including back office setup and ongoing support.
5. Cybersecurity Solutions: Security services including recognized cybersecurity assessment provider services under DICT Philippines.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

AltPayNet is a Global Digital Payments Solutions Provider that builds and licenses white-label payment infrastructure, including a flagship Payment Gateway, Merchant Solutions and Card Scheme Acquiring services, SaaS mobile and web applications, and complementary offerings in cybersecurity, fraud and risk management, mobile banking, remittance, e-invoicing (e-Snapped), property management, crowdfunding, and consulting/back office. The platform connects clients to 50+ payment networks and banks across 100+ countries, supporting cards, wallets, bank transfers, BNPL, and cryptocurrency, and is sold to banks, fintechs, payment service providers, ISOs/VARs/ISVs, merchants, and government agencies.

Product overview

AltPayNet is a Global Digital Payments Solutions Provider offering a modular platform-plus-services architecture. The core offering consists of a White-Label Payment Gateway (the flagship product) that provides connectivity to a wide collection of payment services globally, supplemented by Merchant Solutions (third-party payment processing and acquiring), and a SaaS delivery model for white-label mobile and web applications. These core modules are complemented by add-on products including Cybersecurity Solutions, Fraud and Risk Management, Mobile Banking Solutions, Remittance Solutions, E-Invoicing (branded as e-Snapped), Card Scheme Acquirer services, Property Management, Crowdfunding Platform, and Consulting/Back Office services. A distinct sub-brand, PULSE Loyalty Software, provides AI-driven loyalty rewards and personalization for digital-first banks and e-commerce platforms in the Philippines. The portfolio is anchored in white-label delivery, enabling banks, fintechs, merchants, and enterprises to rebrand and deploy AltPayNet's technology under their own brand. AltPayNet holds financial licenses in the Philippines and Malaysia, and its platform processes cross-border payments including via Ripple stablecoin infrastructure and Crunchfish offline payment solutions.

Differentiator

Problem solved

Functional benefit

Brands

• PULSE Loyalty Software: Loyalty rewards platform for digital-first banks and e-commerce platforms in the Philippines, offering vouchers, cashbacks, rewards, and AI-driven loyalty personalization.
• e-Snapped

Products and services

• White-Label Payment Gateway

Quantifiable outcome

• First week e-invoicing launch generated huge transaction volume for five-star hotel in Makati
• +1 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration42 records

AI capability1 record

Feature8 records

Partnerships

14 partnerships are on record, tiered core.

• RipplecoreTechnology or Integration · 3 March 2026AltPayNet adopted Ripple's expanded Ripple Payments platform for cross-border payment flows. The partnership enables AltPayNet to offer end-to-end stablecoin and fiat money movement across more than 60 markets, integrating Ripple's managed custody, virtual accounts, and advanced liquidity management capabilities.
• CrunchfishcoreStrategic or Co-development Partner · 30 January 2026Strategic partnership to develop and showcase governed offline payment solutions for the Philippines. Companies co-produced a demo video illustrating secure offline payments on mobile devices during connectivity outages, with later verification and settlement upon restoration. CEO Don Vacal participated alongside Crunchfish at Sibos 2025 and Next Generation Payments 2026.
• PaydibscoreTechnology or IntegrationPartnership to build cross-border payment infrastructure connecting Filipinos across Southeast Asia. Collaboration focuses on secure, seamless payment solutions for the Filipino diaspora with compliant and efficient cross-border transaction capabilities.
• VisacoreTechnology or IntegrationPayment network partnership enabling Visa and Visa Debit card acceptance. Coverage spans 100+ countries globally including major markets in Europe, Asia, Americas, Middle East, and Africa.
• MastercardcoreTechnology or IntegrationPayment network partnership enabling Mastercard and MasterCard Debit card acceptance. Coverage spans 100+ countries globally including major markets in Europe, Asia, Americas, Middle East, and Africa.
• AliPaycoreTechnology or IntegrationPartnership enabling AliPay and AliPay International acceptance. AliPay coverage spans over 100 countries including key markets in Asia, Europe, and Americas. Enables Chinese consumer payment access for merchants.
• PayPalcoreTechnology or IntegrationPayment network partnership enabling PayPal acceptance. Coverage spans 100+ countries globally including major markets in Europe, Asia, Americas, Middle East, and Africa.
• China UnionPaycoreTechnology or IntegrationPartnership with China UnionPay enabling card acceptance across 100+ countries globally. Financial licenses held in Philippines and Malaysia support regional operations.
• Discover Financial ServicescoreTechnology or IntegrationPrincipal member acquirer status for Discover and Diners Club International cards. Certified acquiring status enables worldwide acceptance of Discover, Diners Club International, and affiliate network cards for clients.
• GCashcoreTechnology or IntegrationPartnership enabling GCash mobile payment method acceptance, serving the Philippine market and Filipino consumers using the popular e-wallet.
• GrabPaycoreTechnology or IntegrationPartnership enabling GrabPay acceptance across Southeast Asia including Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand, and Vietnam.
• PesonetcoreTechnology or IntegrationPartnership with PESONet enabling instant fund transfers within the Philippines. Coverage in Philippines (PH) supporting local interbank fund transfers.
• InstapaycoreTechnology or IntegrationPartnership enabling Instapay QR and Instapay fund transfer services for Philippine market, supporting real-time payment capabilities.
• SEPAcoreTechnology or IntegrationPartnership enabling SEPA (Single Euro Payments Area) bank transfers and SEPA Direct Debit. Coverage spans SEPA member countries including Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, and United Kingdom.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Rapyd: Fintech-as-a-service platform offering global payment orchestration, acquiring, and embedded finance APIs. Overlaps with AltPayNet's white-label and cross-border ambitions but targets a different (more digital-native) buyer persona.

Broad incumbents

• Nuvei: Global payment technology provider with acquiring, gateway, fraud, and alternative payment method orchestration. Comparable at the white-label orchestration layer though operating at significantly larger scale and across more geographies.
• Stripe: Dominant global payment platform with developer-first APIs, transparent pricing, and broad acquiring capabilities. Replicates AltPayNet's white-label-like embedded payments use case at massive scale.
• Checkout.com: Global payment processor offering unified gateway, acquiring, and fraud tools to enterprise merchants and platforms. Competes for the same enterprise fintech/bank clients AltPayNet targets, but with developer-first APIs and global reach.

Direct peers

• DragonPay: Philippine alternative payment method aggregator covering online banking, OTC, and e-wallets for merchants. Comparable to AltPayNet's third-party payment processing and Philippine e-commerce focus.
• AsiaPay (PayDollar): Hong Kong-headquartered white-label payment gateway and processor serving Asia-Pacific merchants across cards, e-wallets, and online banking. Direct competitor to AltPayNet in offering multi-currency gateway and acquiring services to regional banks and merchants.
• 2C2P: Southeast Asia-focused payment processor offering gateway, acquiring, and alternative payment method aggregation across the region including the Philippines. Overlaps with AltPayNet's bank/fintech and merchant segments.
• Paydibs: Cross-border payments partner of AltPayNet for the Filipino diaspora across Southeast Asia. Operates in the same niche of remittance and multi-currency payment routing.

Others

• Crunchfish: Strategic technology partner to AltPayNet providing offline payment technology. Comparable as a payments-adjacent infrastructure provider and co-marketing ally rather than direct competitor.

Regional players

• GHL Systems: Southeast Asian payment acquirer and terminal provider with Philippines and Malaysia presence. Comparable in regional acquiring/merchant services orientation though focused more on physical POS than AltPayNet's online/white-label stack.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/altpaynet
• Facebookfacebook.com/AltPayNet
• LinkedInlinkedin.com/company/altpaynet-limited
• Instagraminstagram.com/altpaynet

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AltPayNet