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Top 10 Payment Solution Companies in APAC – 2020
Fintech innovation, digital-savvy millennials, micropayments, mobile or e-wallets, instant payments, artificial intelligence (AI) and contactless payments are burgeoning in the APAC region. Today’s consumers use the smartphone for a myriad of tasks, and indeed, many are using it as their primary internet device. That usage extends to finance as well, and there are more finance-related transactions on the mobile in Asia than other parts of the world.
Consumers are now supporting the concept of “voice commerce” where they can order and pay using a few simple commands. AI technology enables consumers to quickly shop and pay for items without even having to surf through their device.
Using biometrics to authenticate payments ensures a more seamless experience for merchants and customers. The use of iris scanning, fingerprints, voice or facial recognition will free customers from the need to have a wallet or a smartphone when making transactions. Instead of relying on a single method to verify identity, multi-factor authentication that includes biometrics is the next big trend to watch in 2020 and beyond.
In the APAC region, blockchain tech... Continue Reading
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Our subscribers nominate the companies with whom they have collaborated and gotten results. If you think there is a company that deserves to be on our upcoming prestigious annual list of Top 10 Payment Solution Companies in APAC – 2020 , please write to us about them and the reasons you think they need to be on the list
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Founded in 1998, Equinix is where companies come together to realize new opportunities and accelerate their business, IT, and cloud strategies. Equinix connects the world’s leading businesses to their customers, employees, and partners inside the most interconnected data centers. Equinix operates the only global interconnection platform, sparking new opportunities that are only possible when companies come together. The company helps indirectly and privately interconnect to the most important clouds, services, and networks and activate edge services on-demand to scale for success. On Platform Equinix, the client can reach everywhere, interconnect everyone, and integrate everything they need to create the best future
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Founded in 1999 and based in Hong Kong, Payment Asia is an e-payment technology and e-business management company that emphasizes in offering uncomplicated, secure, and prompt payment processing network to domestic and global businesses alike. A payment service provider, the company specializes in an electronic payment solution. They are experts in providing reliable and productivity of payment solutions for merchants. They offer advanced technologies that include tools for instant gateway integration, secured connection with banks world-wide, risk management system with PCI compliance, flexible Payment Management, and Analytics component
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PaySett Corporation is a global company comprised of global payment industry trained individuals focused on developing secure and reliable large scale payment systems at a national level. Their payment system design expertise is acquired from direct experience with the implementation of National Payment Systems in many regions of the world and implementation of their Core Payment processing systems in many of the largest banks in the world. PaySett currently has clients in 13 countries, including eight national Electronic Payment clearinghouses. PaySett consults at a National level with each state to design a national Electronic Payment Clearing environment while also providing software solutions to the country for Switching Software, Banking Software, Corporate Software, and Consumer Software (PayNow®). PaySett, as a company dedicates all its resources specifically to Change the Way Money Moves®
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Tree Pay is an Online Payment Solution Provider that specializes in bringing the world's most advanced payment technologies to Thailand. Tree Pay was founded through a joint venture among CAT Telecom, SK Telecom, and NHN KCP. Tree Pay provides a world-class payment platform and payment related value-added services with the expertise and know-how from SK Telecom and NHN KCP in Korea. CAT Telecom, as a Thai government enterprise, focuses on converting Thailand into the digital economy and implementing Thailand 4.0. To deliver 'Best in Class' electronic payment services, utilizing high-security payment technology architecture for the maximization of our member merchants' benefit in managing and growing their business
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Wirecard (GER: WDI) is one of the world’s fastest-growing digital platforms in the area of financial commerce. We provide both business customers and consumers with a constantly expanding ecosystem of real-time value-added services built around innovative digital payments by using an integrated B2B2C approach. This ecosystem concentrates on the areas of payment & risk, retail & transaction banking, loyalty & couponing, data analytics & conversion rate enhancement across all sales channels (online, mobile, ePOS). Wirecard operates regulated financial institutions in several key markets and holds issuing and acquiring licenses from all significant payment and card networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX and TecDAX, ISIN DE0007472060)
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The company connects today’s reality with tomorrow’s potential with solutions, expertise, and experiences delivered through an unmatched view of world payments and an excellent understanding of acceptance and issuing. It’s wrapped with protection to help their clients take more payments with less risk. It comes with responsiveness built on a heritage of service excellence connecting their clients to the future of commerce fast, solving problems quickly with resources that they expect from the leader—advancing the ways the world pays. That’s the experience and expertise of Worldpay
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Airwallex
Airwallex is building global financial infrastructure to help internet companies grow in every corner of the world. Airwallex can offer end-to-end solutions for businesses to move money programmatically on a worldwide scale. With Airwallex, customers can create international bank accounts instantly, access interbank exchange rates, and send money through local and international clearing networks to more than 130 countries. Airwallex aspires to become the operating system of global banking to offer their customers a truly global financial platform to serve their growing business needs. The company was founded in 2015 and specializes in Foreign Exchange, Remittance, Digital Wallet, API, International Payment, and Fintech.
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Braintree
A leader in mobile payments because the company believes payments technology can drive innovation and revenue. They provide the commerce tools merchants need to minimize security concerns, expand globally, and enable new commerce experiences. As a PayPal service, Braintree uniquely allows merchants to accept PayPal in Venmo, credit and debit cards, and more in a single integration. Braintree enables merchants in more than 45 countries worldwide to accept and process payments in more than 130 currencies. As a PayPal service, their innovative payments technology, scalable solutions, and legendary white-glove support are backed by one of the world’s largest and most trusted fintech brands
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Oceanpayment
Oceanpayment, a global payment service provider, strives to offer safe, convenient, professional, and simple payment solutions to merchants conducting cross-border business. Headquarters in Hong Kong, Oceanpayment comprises a group of experts who have years of working experience and an in-depth understanding of the payment industry. Operating globally, they have set up Technology & Operation Centers or Business Entity in Shenzhen, Australia, America, Europe, and Singapore. Oceanpayment builds stable connections among acquirers, payment service providers, and merchants by delivering a variety of value-added payment-centric services and solutions. Oceanpayment shares insights and helps customers prosper.
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Swiftpass
Founded in 2013, SwiftPass is a leading FinTech company dedicated to providing mobile payment solutions. In 2017, SwiftPass merged with Huafon Microfibre and became the first public listed company in the mobile payment industry. The products they offer include the mobile marketing solutions, aggregated QR payment, e-wallet system, e-card and various mobile payment solutions such as ordering at restaurants, online shopping, cross-border remittance, self-checkout, parking, transportation, and medical care. SwiftPass provides professional consulting and analysis services, advanced system solutions, comprehensive marketing strategies, reliable system operation, and maintenance services.
