Payment service provider ECOMMPAY has upgraded its Gate2Asia payments solution to help more businesses scale rapidly in the Asia-Pacific (APAC) region.
ECOMMPAY launched its Gate2Asia solution in 2020 to unify local payment options into one platform for online businesses entering the Asian markets.
The upgrade brings new solutions at a local level in the Asian markets of Indonesia, Japan, Malaysia, Singapore, South Korea, Vietnam, The Philippines, China, Hong Kong and Thailand.
With Gate2Asia, business can also issue mass payouts to cards and other payment methods. Merchants can offer Asian consumers multiple payment options including e-wallets, online banking, bank transfers and QR codes.
The Gate2Asia solution also offers anti-fraud systems with chargebacks close to zero. Plus the ability to detect and prevent 97 per cent of fraud without impacting conversion levels.
ECOMMPAY says it is important for businesses to continue to adapt to rising consumer trends.
Olga Karablina, head of product development at ECOMMPAY, said: “We are always looking to provide merchants with the ability to make and receive online payments globally. We are therefore pleased that this upgrade will allow our merchants and clients to reach even more corners of the Asian markets, further expanding their reach and entering markets with untapped possibilities and room for growth, while being catered to at a local level with expert knowledge on the individual jurisdictions.”
ECOMMPAY is currently celebrating its 10 year anniversary. The fintech company has grown exponentially from less than one million transactions per year in 2012 to two million transactions. As well as Asia, it also offers local payment methods in the UK and Europe.