In the fast-evolving digital economy of Asia, payment processors play a crucial role in facilitating seamless and secure financial transactions. From e-commerce giants to small businesses, the need for efficient and reliable payment solutions has never been more critical. With a diverse and rapidly growing market, Asia is home to a wide array of payment processors, each offering unique features tailored to meet the needs of businesses and consumers alike. This blog post explores the landscape of payment processors in Asia, providing insights into their functionalities, benefits, and how they cater to the dynamic demands of this vibrant region.
Let’s see a comprehensive list of payment processors available in Asia
Lemon Squeezy
Lemon Squeezy is a comprehensive payment gateway and ecommerce platform that enables businesses to easily accept payments and manage their digital sales. Key features include:
- Merchant of Record: Lemon Squeezy acts as the merchant of record, handling all payment processing, tax calculations, compliance, and fraud protection so businesses can focus on selling.
- Global Payments: Lemon Squeezy supports 95 different currencies, allowing businesses to sell their digital products globally.
- Tax Automation: The platform automatically calculates, collects, and files sales tax and VAT across all jurisdictions, removing this burden from businesses.
- Subscription Management: Lemon Squeezy provides tools for managing recurring billing, subscriptions, and license keys for digital products.
- Customer Portal: Businesses can offer customers a self-service portal to manage their payments, subscriptions, and download purchased products.
- Reporting & Analytics: The platform provides real-time insights into key business metrics like revenue, refunds, and customer behavior.
Overall, Lemon Squeezy is designed to be a comprehensive “sticky tape solution” that handles the complex backend of digital payments and ecommerce, allowing businesses to focus on creating and selling their products
Supported Countries in Asia by Lemon Squeezy:
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei
- Cambodia
- Hong Kong
- Indonesia
- Kuwaiti
- Macao SAR China
- Malaysia
- Mongolia
- Pakistan
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- United Arab Emirates
- Uzbekistan
- Vietnam
Pricing and Other Fees:
- 5% + 50¢
- There are no monthly charges for ecommerce features, and they only take a small cut of each sale so that you keep the majority of what you earn.
- Instantly accept payments globally
- Fully automated sales tax compliance
- A.I. fraud protection with payment risk intelligence
- Access to existing features + future releases each year
Supported selling asian currencies:
- AED – UAE Dirham
- AFN – Afghan Afghani
- AZN – Azerbaijani Manat
- BDT – Bangladeshi Taka
- BND – Brunei Dollar
- CNY – Chinese Yuan
- HKD – Hong Kong Dollar
- IDR – Indonesian Rupiah
- INR – Indian Rupee
- JPY – Japanese Yen
- KRW – South Korean Won
- KZT – Kazakhstani Tenge
- LAK – Lao Kip
- LKR – Sri Lankan Rupee
- MMK – Myanmar Kyat
- MNT – Mongolian Tugrik
- MOP – Macanese Pataca
- MYR – Malaysian Ringgit
- NPR – Nepalese Rupee
- PHP – Philippine Peso
- PKR – Pakistani Rupee
- SAR – Saudi Riyal
- SGD – Singapore Dollar
- THB – Thai Baht
- TJS – Tajikistani Somoni
- TWD – New Taiwan Dollar
- VND – Vietnamese Dong
2Checkout
2Checkout is a comprehensive online payment gateway that allows businesses to accept payments from customers worldwide. Key points about 2Checkout:
- It is a software and server system that transmits transaction information between customers, merchants, and banks to facilitate online payments.
- 2Checkout enables merchants to accept over 45 different payment methods across 200+ countries and territories, including credit/debit cards, digital wallets, online banking, and offline payment methods like bank transfers and cash.
- The platform supports over 100 billing currencies and offers features like recurring billing, installment payments, and fraud protection.
- 2Checkout was founded in 2000 as Avangate and has grown to become a leading global payment processing solution for online businesses.
- It provides a comprehensive set of payment processing capabilities to help merchants sell online, accept payments, and manage their business.
Supported Asian Countries by 2Checkout:
- Bangladesh
- Bhutan
- China
- Hong Kong
- India
- Indonesia
- Japan
- South Korea
- Laos
- Macao
- Malaysia
- Mongolia
- Nepal
- Pakistan
- Palau
- Philippines
- Singapore
- Sri Lanka
- Taiwan
- Thailand
- Vietnam
- Brunei
- Cambodia
Pricing and Other Fees:
2SELL
Easy and simple way to sell globally
3.5% + $0.35 per successful sale
2SUBSCRIBE
Develop & Boost your subscription business
4.5% + $0.45 per successful sale
2MONETIZE
All in one solution to sell DIGITAL GOODS globally
6.0% + $0.60 per successful sale
Supported Asian currencies:
- BDT – Bangladeshi Taka
- CNY – Chinese Yuan
- HKD – Hong Kong Dollar
- IDR – Indonesian Rupiah
- INR – Indian Rupee
- LKR – Sri Lankan Rupee
- MYR – Malaysian Ringgit
- PHP – Philippine Peso
- PKR – Pakistani Rupee
- SGD – Singapore Dollar
- THB – Thai Baht
- TWD – New Taiwan Dollar
- VND – Vietnamese Dong
AsiaPay
AsiaPay is a leading digital payment service provider in Asia that offers a comprehensive suite of payment solutions to merchants across the region. Some key points about AsiaPay:
- It supports merchants in accepting a wide range of digital payment methods including credit/debit cards, bank accounts/netbanking, digital wallets, buy now pay later, and over-the-counter payments on a single platform.
- AsiaPay provides multi-currency payment processing capabilities that allow cross-border transactions. It operates in 15 offices across the Asia Pacific region.
- The company has over 20 years of payments expertise and offers advanced, secure, and cost-effective solutions to businesses to help them grow their online sales.
- AsiaPay’s payment gateway supports popular payment options like credit cards, eBanking, QR codes, and smart POS. It also provides value-added services beyond just payment acceptance.
- With a team of over 160 professionals, AsiaPay has won over 100 business and technology awards. It processed over 40 million transactions in 2019.
- AsiaPay’s vision is to be the leading electronic payment service and technology player in Asia and beyond by embracing change and digital innovation.
Supported Asian Countries by AsiaPay:
- China
- India
- Indonesia
- Malaysia
- Philippines
- Singapore
- Taiwan
- Thailand
- Vietnam
