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25 Most Promising Banking and Software Solution Providers

AsiaPay: Aiding Financial Institutions Maximize Business Opportunities, Efficiency and Productivity

The banking and financial industry has been in the midst of a transformation for the past few years. With technology taking a front seat in the proceedings of the industry, financial institutions require cost-effectivepayment systems. Apart from this fraud monitoring demands assistance 24/7 and there is a need for skilled expertise and resources for businesses. Having identified these needs of the banking and financial industry AsiaPay, a leading provider of electronic payment solutions incepted its journey in 2000 in Asia.

The organization aimed to become a one-stop payment platform to resolve processing of any payment method on any channel, language, currency and all kind of devices. The company offers a broad portfolio of innovative products and services which are popular with their global clients who belong to industries such as retail, healthcare, financial or banking, utilities, services, aviation, telecom and public sector among others. Headquartered in Hong Kong, AsiaPay has successfully built a strong base in 12 countries namely Thailand, Philippines, Singapore, Malaysia, Mainland China, Taiwan, Vietnam, Indonesia and India within a span of just six years.

With the focus to help banks and financial institutions adapt to technology enabled operating models and processes, AsiaPay delivers services such as Payment Processing, Mobile Payment, Value-Added Solutions, Payment Security, White-label Payment Gateway and ACS Solutions and Managed Services. Payment Processing allows organizations to successfully administer their multiple payment methods from one platform. The company’s value-added solutions are designed to offer merchants with complementary capabilities such as recurring payments, installment payment, dynamic currency conversion, online registration system, electronic vouchers and card promotions…etc
The company has introduced an array of Payment Security solutions which ensures3D Secure, fraud management system, and tokenization services. While developing White-label Solutions, the company aims to assists banks and other payment service providers to be more profitable through internet payment gateway, electronic wallet, 3D-secure and online mall platforms.

AsiaPayhas evolved as a trail-blazer in the market due to itsscalable and tailored service offerings. It is one of the few providers in the Asian market as Level 1 PCI DSS Certified and acclaimed amongst its peers for bringing “unparalleled security” to client’s business processes. Joseph Chan, Founder and CEO, says, “What truly sets us apart from our competition is our strength to develop custom payment solutions such as proprietary payment apps, online registration systems and more to augment the existing business models and fulfill the ever-changing needs of businesses in today’s e-commerce and m-commerce landscape.”

AsiaPay is acclaimed amongst its peers for bringing“unparalleled security” to client's business processes

AsiaPay constantly collaborates with market leaders such as Cathay Pacific, Hong Kong Airlines, Peninsula Hotel, Conrad, Goodwood Park Hotel, Harbour Plaza, Nestle, Nike, Canon, ACE Insurance, SaSa, Charles and Keith, Yahoo, British Council, Hong Kong Red Cross, etc. Over the years, the company has achieved several prestigious awards such as “Best Company of the Year for Electronic Payment Solutions & Innovation /Regional” (2016), Red Herring Top 100 Global (2015), China I + Finance Industry Top 10 Enterprises Award (2015), Best Payment Solutions Provider Pan Asia (2015), and Best CNP Program outside the U.S. Award, (2012) among others. AsiaPay is all set to introduce a range of mobile payment solutions, payout, digital wallet platform, connecting merchants and consumers through a secure payment environment and international online marketplace which will redefine cross-border selling for retail businesses.