Aleta Planet

Aleta Planet: A regulated, Asia-savvy payments partner for global merchants

Headquartered in Singapore and licensed there as a Major Payment Institution, Aleta Planet provides a mix of merchant acquiring, online payment acceptance, multi-currency business accounts, global payouts, and card issuing options designed for cross-border commerce. Its strengths include deep connectivity to Asian payment networks, robust compliance, and products that help platforms and merchants expand internationally with confidence.

Snapshot: what Aleta Planet does for merchants

• Online payment acceptance for cards and local wallets, with particular reach into UnionPay and acceptance options that can support Discover and Diners Club for e-commerce in Singapore

• Global business accounts and wallets to receive transfers, hold multiple currencies, and collect in local currencies across dozens of markets

• Global payouts with banking relationships and compliance handled behind the scenes, helping you pay partners and suppliers efficiently

• Card programs ranging from consumer-facing AP-1 digital cards that ride the UnionPay network to bespoke co-brand corporate cards that can launch quickly.

• Platform and marketplace payments with messaging aimed at embedding end-to-end capabilities directly into your product.

Why Merchants Consider Aleta Planet

Strong Asian network coverage and acceptance options

Aleta Planet is closely integrated with UnionPay, positioning it well for merchants targeting Chinese consumers and travelers. The company has public announcements as a UnionPay International principal member through partnerships such as remittances with AXS, and it has enabled Singapore e-commerce merchants to accept payments on the Discover Global Network, which includes Discover and Diners Club. These capabilities help merchants localize checkout for Asian buyers while keeping operations centralized.

Regulated and security-focused by design

Aleta Planet operates under Singapore’s Payments Services Act as a Major Payment Institution, which comes with requirements for safeguarding customer funds and meeting stricter compliance thresholds. The company highlights adherence to international security standards such as PCI DSS and emphasizes data and fund protection across its materials. For merchants, that combination of license status and security posture reduces vendor risk during due diligence.

End-to-end money movement for digital businesses

Beyond acceptance, merchants often need to collect, hold, convert, and pay out funds globally. Aleta Planet’s Global Business Account marketing points to receiving telegraphic transfers with a dedicated account number, accepting online payments that include major cards and popular Asian wallets, and funding or collecting in local currencies across 39 countries. For payout needs, Aleta Planet stresses that it has already handled bank negotiations and regulatory work to streamline settlement.

Products and Capabilities Merchants Will Care About

Online payment acceptance

Aleta Planet presents its acquiring as an online-first service. Current pages reference availability in Singapore and settlement in SGD, so international merchants planning to route transactions from other countries should validate exact coverage, currencies, and onboarding criteria with the provider. If Singapore is your primary market or a key regional hub, the stack can support acceptance that includes Visa, Mastercard, UnionPay, PayNow, WeChat Pay, and Alipay.

Where this helps: Singapore-based e-commerce, regional brands serving Chinese customers, and businesses that want to add UnionPay or local wallet options to improve conversion at checkout.

Global Business Account and multi-currency wallets

The Global Business Account offering is pitched to let you receive funds with a dedicated business account number, hold and manage multiple currencies, and issue payment links to collect from customers. It also highlights the ability to fund and collect in local currencies across 39 countries, which is useful for reducing FX friction in recurring supplier or marketplace payouts.

Where this helps: Marketplaces that separate buyer and seller balances, exporters billing in local currencies, and SaaS platforms seeking embedded finance features for their merchants.

Global payouts

If your operation is paying suppliers, creators, riders, or partners in many regions, Aleta Planet’s payout proposition centers on speed and regulatory readiness. The company says it partners with reputable global banks and has handled upfront compliance processes so merchants do not need to stitch together their own correspondent rails.

Where this helps: Cross-border B2B payouts, marketplace disbursements, and automated vendor payments.

Closed loop banking

Aleta Planet also promotes a closed-loop model that moves funds within its ecosystem. For some flows, this can reduce interbank fees and FX steps, which may lower costs and settlement times when counterparties are on the same network.

Where this helps: Networks of suppliers or franchisees that you onboard onto the same payment environment.

Cards and issuing

• AP-1 digital card and wallet: Aleta Planet’s AP-1 lets users pay on the UnionPay QR network and, per the service FAQ, supports SGD and USD today. That reach can be relevant for cross-border consumer experiences that touch China, including visitor use cases.

• Co-brand and corporate cards (NEXUS): For businesses, Aleta Planet markets a co-brand program with both physical and virtual cards and time-to-launch as fast as about two weeks. This suits loyalty programs and controlled spend use cases.

Platform and marketplace integrations

Aleta Planet speaks directly to platforms that want to embed payments. Messaging centers on integrating end-to-end functionality into your marketplace or SaaS product, leveraging their network to globalize acceptance and payouts without building everything yourself. If you are evaluating embedded payments, this is a provider to vet for Asia coverage.

Compliance, licensing, and security posture

• Regulated status: Aleta Planet Pte. Ltd. appears in the Monetary Authority of Singapore’s Financial Institutions Directory as a Major Payment Institution. Some materials also reference related licensed entities. When you undergo procurement or compliance reviews, you can verify license details in MAS’s public directory.

• Security standards: Public pages reference adherence to PCI DSS and a broader security program around data protection and safeguarding of funds with reputable global institutions. If you operate in card-present or card-not-present environments, the PCI DSS note is relevant for your own assessment and SAQ scoping.

• KYC, AML, and screenings: The company’s product pages mention identity verification, sanctions screening, and MATCH list checks that can support compliant onboarding and monitoring. Ask for specifics on screening coverage, orchestration partners, and review cadences during due diligence.

Fit assessment: who benefits most from Aleta Planet

• Merchants selling to Asian customers who want UnionPay and popular wallet options at checkout to boost authorization and conversion.

• Singapore-based or Singapore-onboarded businesses looking for a regulated payments partner with acquiring, accounts, and payouts under one roof.

• Marketplaces and platforms seeking to embed onboarding, acceptance, wallet balances, and disbursements without building full banking relationships in every target country.

• Programs that need fast card issuance or co-brand solutions for loyalty or controlled spend use cases.

Conclusion

Aleta Planet is a regulated Singapore payments provider that combines online acquiring, global accounts, payouts, and card issuing with notable strengths across UnionPay and Asian wallets. If your growth plan includes Singapore or broader Asia, or you want to localize acceptance for Chinese customers while keeping robust compliance and security controls, Aleta Planet deserves a close look. As with any provider, align on market coverage, supported methods, settlement currencies, integration specifics, and a transparent fee schedule before you commit.