PaymentAsia

PaymentAsia: Merchant Overview Of Payment Acceptance Capabilities

PaymentAsia is a Hong Kong based payment service provider that offers merchants payment acceptance across online checkout, pay-by-link, and in-person payments via a portable POS app and terminal. Founded in 1999, PaymentAsia positions its platform for businesses ranging from SMEs to multinational corporations and states it serves over 12,000 merchants.

Payment Acceptance Channels

Online Payments For Websites

PaymentAsia’s Online Payment Solution is positioned as an online payment gateway for e-commerce. It lists support for Visa, MasterCard, UnionPay, Alipay, WeChat Pay, FPS, Octopus, and additional methods.

For implementation, PaymentAsia describes providing API documentation after activation and highlights plug-and-play options for Wix, Shopify, SHOPLINE, and WooCommerce.

Payment Links

LinkNPay is designed to collect payments through shareable links with no coding or complex setup. It includes merchant-defined links (fixed price), customer-defined links (payer enters the amount), and recurring payment links for subscriptions or instalments.

In-Person Payments, Kiosks, And ECR Integrations

PaymentAsia offers in-person acceptance via PA Pay App / POS Terminal.

For cashier and unattended flows, PaymentAsia describes an ECR integration where the cashier selects QR code or credit card, the customer scans or taps or swipes at an A930 POS terminal, and the system queries status until a final payment result is returned.

Payment Methods And Schemes

PaymentAsia highlights a mix of card networks, device wallets, and local methods:

• Cards and wallets: Visa, MasterCard, Apple Pay, Google Pay.

• UnionPay options: UnionPay Card and UnionPay QR Code / BoC Pay+.

• Local methods: Alipay, WeChat Pay, FPS, PayMe, Octopus.

For expansion use cases, PaymentAsia positions Global Alternative Payment Methods with both collections and disbursements in supported markets, and lists coverage across Asia, Africa, and Latin America. The country list shown includes Vietnam, Philippines, Indonesia, Thailand, Pakistan, South Korea, Mexico, Cambodia, South Africa, Malaysia, and Brazil.

Global Payments And Multi-Currency

PaymentAsia describes a global payment and settlement capability within its online payment solution, including currency conversion and the ability to accept multiple currencies. It also references global acquiring as part of this capability set.

Checkout, Billing, And Operational Flows

PaymentAsia supports multiple payment collection patterns:

• API checkout: payment create and query operations plus callback style transaction notifications.

• Recurring billing: tokenization and recurring payment flows for credit cards, plus recurring payment links in LinkNPay.

• Refunds: refund initiation and refund query operations.

• Settlement visibility: a settlement query endpoint to retrieve settlement details for completed and settled transactions.

PaymentAsia also references a user-friendly merchant backend for managing online payments.

PaymentAsia Pricing And Fees

PaymentAsia provides a pricing overview with representative rates by method and channel, and notes that pricing may vary by industry and other considerations, with final pricing determined by PaymentAsia.

Selected disclosed rates include:

• Visa / MasterCard: 2.9% + HK$2 per transaction (plus an additional surcharge note for overseas cards).

• Apple Pay / Google Pay: 2.9% + HK$2 (same overseas card note).

• Alipay, WeChat Pay, FPS: 1.6% online; 1.2% POS.

• PayMe and Octopus: 1.6% online; 1.5% POS.

• UnionPay Card: 2.3% online; 2.0% POS (special rates shown for eligible industries).

• POS terminal deposit: HK$1,500 per terminal.

PaymentAsia Integrations And Developer Tooling

PaymentAsia provides public API documentation that covers standard online integration, credit card direct and recurring integration, payment link integration, and offline integrations for kiosk and ECR flows.

It also lists platform guides and plugins for a range of commerce systems, including WooCommerce, Magento, OpenCart, PrestaShop, Shopify, SHOPLINE, and Wix.

Restaurant And F&B Oriented Flows

PaymentAsia presents F&B oriented capabilities that combine ordering and payment workflows, including self-ordering and kiosk use cases.

In a merchant showcase, PaymentAsia describes an in-app payment gateway for mobile ordering, multi-payment POS integration (QR code, cards, Octopus, PayMe, cash), and self-order kiosk payment integration, together with real-time, consolidated transaction reporting.

PaymentAsia Security, Compliance, And Risk Controls

PaymentAsia states it is certified with PCI DSS and ISO/IEC 27001 and frames these as standards for protecting cardholder and customer data.

It also states it equips risk control systems and transaction monitoring to minimize fraud risk, and that it follows AML regulations and KYC standards.

Reporting And Support

PaymentAsia references a merchant backend for online payments and indicates it provides merchant portal operation guides.

For support, PaymentAsia states customer service supports Chinese, English, and Mandarin, with service hours Monday to Friday, 9:30 AM to 6:30 PM (excluding public holidays), and WhatsApp access to an AI assistant (PACO) for urgent assistance.

Conclusion

PaymentAsia is an omnichannel PSP centered on online payment gateway acceptance, payment links, and in-person payments through a portable POS app and terminal. It adds global alternative payment methods with collections and disbursements capabilities in selected markets, and it provides API documentation plus platform plugins for common integrations.