What PesoPay does

PesoPay is the Philippine-market brand of AsiaPay Payment Technology Corporation, operating as a comprehensive online payment gateway that enables merchants to accept credit cards (Visa, Mastercard, American Express, JCB), debit/ATM cards (BancNet), e-wallets (GCash, GrabPay, ShopeePay), over-the-counter cash payments (BDO, RCBC, Bayad Center, Cebuana Lhuillier), and China payments (AliPay, WeChatPay, UnionPay via Asia United Bank). The platform also offers BNPL via TendoPay, tokenization (MemberPay), recurring payments, custom payment pages, e-vouchers, and hospitality-specific booking engines. The company holds PCI DSS Level 1 certification and is an EMVCo technical associate since 2018, with certifications from major card networks for issuing and acquiring.

The product architecture is modular, with a core gateway supplemented by over a dozen add-on modules (Paybooth self-serve, PayPOS retail POS, AppPay mobile contactless, Hands In, mPayAsia mPOS, Refund Protect, credit card promotions). Distribution occurs through direct enterprise sales, the Paybooth self-serve platform for SMBs, and an extensive integration partner ecosystem of 35+ platforms spanning e-commerce (Shopify, Odoo, EasyStore), hospitality (SiteMinder, STAAH, Cloudbeds, GHS), travel (Amadeus, Sabre), and ticketing (njuko, TicketSocket). The company serves both SMEs and large enterprises across at least 11 verticals including retail, hospitality, events, utilities, food & beverage, media, BPO, real estate, travel, and financial services.

Revenue is generated primarily through transaction commissions (percentage take rate), supplemented by annual set-up and account maintenance fees, chargeback handling fees, and rolling reserves on debit card transactions (10-40% of monthly volume held ~60 days). The company is a subsidiary of the AsiaPay Group, which operates 10+ offices across Asia and other regional brands including PayDollar and BimoPay. Headcount is 11-50 employees, with offices in Makati (headquarters) and Cebu City. No funding rounds, acquisitions, or institutional investors are disclosed in available sources.

Name

PesoPay

Legal name

AsiaPay Payment Technology Corporation

Website

https://pesopay.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

PesoPay is a Philippine-based online payment gateway enabling SMEs and large enterprises to accept credit cards, debit cards, e-wallets, OTC cash, BNPL, and China payments through a single integration, distributed via 35+ platform partners across retail, hospitality, travel, and other verticals.

Ownership category

akta.pro rank

Product category

Online Payment Gateway

NAICS

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

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industry

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

Keywords

• Online payment gateway
• Payment processing services
• Merchant payment solutions
• Credit card processing
• Digital payment platform

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Commission: Fees charged as a percentage of each payment processed through the gateway. Commission rates are competitive with no hidden charges.
2. Annual/Monthly Service Fees: Annual set-up charges and annual fees for maintaining merchant accounts. These are billed separately from transaction commissions.
3. Chargeback Handling Fees: Fees applied when chargebacks occur. Merchants are billed separately for these charges.
4. Rolling Reserve: For debit card payments, a rolling reserve (10-40% of monthly transactions) may be imposed as a percentage to prepare for contingent refund requests, released after approximately 60 days.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

PesoPay is the Philippines' leading online payment gateway, providing merchants with a unified platform to accept credit cards, debit/ATM cards, e-wallets (GCash, GrabPay, ShopeePay), over-the-counter cash payments, and China payments (AliPay, WeChatPay, UnionPay). The platform serves both SMEs and large enterprises, offering supporting modules including tokenization, recurring payments, hotel booking engines, eVouchers, and POS solutions as part of the AsiaPay Group infrastructure.

Product overview

PesoPay is a comprehensive digital payment platform offering a unified payment gateway ecosystem for businesses of all sizes in the Philippines. The core platform (PesoPay Online Payment Gateway) serves as the central infrastructure enabling merchants to accept multiple payment methods. Supporting this core are numerous specialized modules including Credit Card Processing, ATM/Debit Card Payments, E-Wallet Payments (GCash, GrabPay, ShopeePay), Cash/Over-The-Counter Payments (PayCash), China Payments (AliPay, WeChatPay, UnionPay), Tokenization (MemberPay), Recurring Payment, Hotel Booking Engine, Online Registration System, Event Management System, Custom Payment Page, Electronic Voucher (eVoucher), Credit Card Promotion, Retail Payment (PayPOS), AppPay, Refund Protect, and Hands In. The platform also offers mPayAsia for mobile POS operations. PesoPay is a product of AsiaPay Payment Technology Corp., part of the broader AsiaPay Group serving multiple Asian markets.

Differentiator

Problem solved

Functional benefit

Brands

• Paybooth: A product/service offering under PesoPay for merchant payment processing
• PayPOS
• AppPay
• Hands In

Products and services

• Credit Card Processing Service enabling merchants to accept credit card payments from online shoppers nationwide, supporting Visa, MasterCard, American Express, and JCB.
• ATM Card Payments Service enabling merchants to accept debit card payments through BancNet and other ATM networks.
• E-Wallet Payments Service enabling merchants to accept digital wallet payments including Globe GCash, GrabPay, and ShopeePay.
• Cash Payments (Over-The-Counter) PayCash service enabling customers to make cash payments at over-the-counter locations including BDO, RCBC, Bayad Center, Cebuana Lhuillier, and ecpay partners.
• China Payments Service enabling merchants to accept payments from Chinese consumers via AliPay, WeChatPay, and UnionPay through Asia United Bank.
• Recurring Payment Service enabling scheduled/recurring payments for merchants, particularly useful for subscription-based businesses, membership fees, and installment payments.
• MemberPay Tokenization Tokenization solution that securely stores and reuses payment credentials for repeat transactions without storing actual card numbers, reducing PCI compliance scope and improving checkout experience.
• Hotel Booking Engine Integrated booking engine solution for hotels enabling guests to make reservations and payments directly through the hotel's website.
• Online Registration System System enabling online registration and payment collection for events, courses, membership applications, and other registration-based transactions.
• Event Management System System enabling event organizers to manage event registrations and collect payments online.
• Custom Payment Page Customizable payment page allowing merchants to tailor the checkout experience to match their brand identity.
• Electronic Voucher (eVoucher) Online voucher marketing solution enabling merchants to create and distribute electronic gift vouchers with support for static or dynamic codes, fixed or percentage-based discounts, definable expiry dates, and minimum transaction amounts.
• Credit Card Promotion Service enabling merchants to offer promotional financing options including installment payments and special cardholder discounts.
• PayPOS Retail Payment Point-of-sale payment solution for retail businesses enabling acceptance of various payment methods in physical store locations.
• AppPay Mobile Payment Mobile-based payment solution for retail businesses enabling payment acceptance through mobile devices.
• Refund Protect Service helping merchants manage and protect against fraudulent refund requests and excessive chargebacks.
• mPayAsia Mobile POS Mobile Point-of-Sale (mPOS) system providing merchants with a mobile credit card processing platform using smartphones via credit card readers. Supports EMV and PCI-DSS compliant card readers, sale or authorize transaction modes, void and capture processing, and API interface support. Compatible with iOS and Android devices.
• Paybooth Self-Serve Platform Paybooth is an all-in-one self-serve payment solution enabling smaller merchants to sign up and start accepting payments online and in-person without sales assistance.

Quantifiable outcome

• Payment processing typically takes only a few seconds
• +3 more outcomes

Named customers7 records

Segments12 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration29 records

AI capability1 record

Feature13 records

Partnerships

13 partnerships are on record, tiered core.

• ShopifycoreTechnology or IntegrationIntegration with Shopify enables merchants to accept payments through PesoPay within the Shopify platform. Shopify powers over 800,000 businesses globally and offers drag-and-drop store building, themes, and apps.
• OdoocoreTechnology or IntegrationOdoo open-source ERP integration allows businesses to streamline payment processes using PesoPay. Odoo has over 10 million users and creates 2,000+ new databases daily.
• EasyStorecoreTechnology or IntegrationSoutheast Asia's leading hosted e-commerce platform integration. EasyStore has been recording double-digit monthly growth and serves more than 30,000 businesses. New merchants can get 3 months of EasyStore Plus free when selecting PesoPay.
• SiteMindercoreTechnology or IntegrationIntegration with SiteMinder's hotel channel management and booking engine platform. SiteMinder is a leading hospitality platform enabling hotels to manage online distribution and bookings.
• STAAHcoreTechnology or IntegrationHotel channel manager and booking engine provider integration. STAAH offers ConvertDirect Booking Engine and Instant Channel Manager, connecting hotels to over 100 OTAs. Over 3,000 hospitality properties use STAAH worldwide since 2008.
• ArcadiercoreTechnology or IntegrationMarketplace-as-a-Service (MaaS) company that lets businesses create online marketplaces. Arcadier empowers 2,500+ online marketplaces globally. PesoPay enables sellers to accept payments directly from their storefront pages.
• AmadeuscoreTechnology or IntegrationGlobal travel ecosystem integration. Amadeus helps businesses connect to the global travel ecosystem, manage operations more effectively, and serve travelers better.
• SabrecoreTechnology or IntegrationIntegration with Sabre's travel technology platform for processing travel-related payments.
• CloudbedscoreTechnology or IntegrationAll-in-one hospitality software platform providing Property Management System, Channel Manager, and Booking Engine. Helps streamline operations and maximize revenue for hospitality businesses.
• GHS (Global Hospitality Solutions)coreTechnology or IntegrationHospitality CRM, loyalty marketing, and booking engine solutions. GHS empowers hotels to drive profitability through loyalty programs. Products include iRewards (CRM/loyalty), Gin Tonic (booking engine with loyalty), and WhyQueue (social commerce).
• DirectWithHotelscoreTechnology or IntegrationDigital marketing and booking technology for accommodation providers. Since 2005, DirectWithHotels has worked with thousands of hotel partners in over 50 countries. Offers booking engine with tactical online marketing.
• MyMenucoreTechnology or IntegrationDigital menu platform for restaurants that streamlines ordering and payment. MyMenu integration enables faster and safer payments for restaurant operations.
• simpleBookingcoreTechnology or IntegrationOnline booking engine integration for hotels across Asia. simpleBooking is part of AsiaPay's hospitality ecosystem, providing automated and secure upfront payment processing for hotel bookings.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Stripe: Global online payment processor with growing Southeast Asia presence, including the Philippines via partner banks. Competes with PesoPay for cross-border Philippine merchants and platform integrations (Shopify, etc.) as a broader, well-capitalized incumbent.
• Adyen: Global enterprise-grade unified payments platform supporting cards, alternative methods, and platform integrations worldwide. Competes with PesoPay for large enterprise and platform merchants expanding across borders and seeking global payment consolidation.

Direct peers

• Xendit: Southeast Asia-focused payment gateway operating across Indonesia, Philippines, and neighboring markets with developer-friendly APIs for cards, e-wallets, virtual accounts, and pay-later. Comparable to PesoPay on multi-method payment processing for SMEs in the same region.
• 2C2P: Regional payment processor across SEA focused on cards, alternative payments, and enterprise merchant acquiring. Comparable to PesoPay in targeting enterprise and platform merchants across hospitality, travel, and retail with multi-rail payment processing.
• PayMongo: Philippine-headquartered online payment gateway offering cards, e-wallets, and online checkout APIs to Philippine SMEs and enterprises. Most direct comp to PesoPay by geography, customer base (PH merchants), and product surface.
• PayDollar: AsiaPay Group's sibling gateway brand operating across Hong Kong and broader Asia with the same EMVCo, PCI-DSS Level 1, and 3DS-certified payment platform as PesoPay. Direct peer because they share technology, banking relationships, and parent group infrastructure.
• Opn Payments (formerly Omise): Omise-rebranded payment service provider across Thailand, Japan, and SEA offering online acquiring, BNPL, and platform integrations. Comparable to PesoPay on gateway-as-a-service positioning, platform partner integrations, and regional merchant acquiring.
• Dragonpay: Long-established Philippine online and over-the-counter payment processor covering banks, e-wallets, and cash channels for Philippine merchants. Directly competes with PesoPay on bank/e-wallet/OTC coverage and SME/enterprise acquisition.

Emerging players

• GCash (Mynt / Globe Fintech): Philippines' dominant e-wallet and super-app expanding into merchant acquiring, online checkout, and payment processing. A key emerging competitor to PesoPay on online pay-ins and QR acceptance for Philippine merchants.
• Maya Bank (PayMaya): Philippines' other super-app combining e-wallet and digital banking, increasingly offering merchant payment acceptance solutions. Comparable to PesoPay for Philippine online/retail merchants being targeted by full-stack wallet-plus-acceptance providers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/pesopay
• YouTubeyoutube.com/pesopay
• Facebookfacebook.com/apphteam
• LinkedInlinkedin.com/company/asiapay-limited
• Pinterestpinterest.com/pesopay

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 PesoPay