What are the Benefits of Partnering with Payment Asia?

Payment Asia has garnered a solid reputation since its establishment in 1999. Its dynamic features and customer service has earned them several partners over the years. It has made online transactions easy and secure for all kinds of payments. Here are some of the benefits in store, when you partner with them.

Less time and effort

Online payments are an ideal choice as it makes the transaction process easier. However, some online payment service providers include several steps which make the process long and complicated. However, Payment Asia’s Kenneth confirms that they specialize in creating payment processes that will save you time and effort. Most transactions are completed through simple clicks, making it an effortless procedure. Your customers will not have to worry about cash payments or even PIN numbers, as the company offers contactless payment solutions. Further, you will be able to accept payments through mini-cards and metallic cards.

Fraud management solutions

Payment Asia uses one of the most dynamic AI technologies to provide innovative fraud management solutions for your business. If transactions are unauthorized or if the IP address is unrecognized, it can be easily detected. In such cases, the transaction is blocked, and your funds are secured from falling into fraudulent hands. Fraud management is also undertaken by introducing CAPTCHA on your business page. This system is used to prevent your website from incurring losses through malicious attempts. It simply requires the identification of small and capital letters and numbers. The technology also ensures that you receive the payment before the transaction is completed. This reduces the risk of cheque bounces and fake transactions in the purchase. Having a reliable fraud management system will increase the credibility of the business and fuel its growth.

Dynamic marketing strategies

Using affiliate networks can enhance your sales. Payment Asia provides business owners with an affiliated networking program. It creates a rewards system where every referral gets instantly rewarded. This will not only boost your sales but will help establish a trustworthy network in the market, through which you can attract more customers. Further, rewards will help to build the reputation of your company while helping you cut lucrative deals with your affiliate partners. Having a reliable payment gateway will ensure the credibility of your business to your partners and your customers.

Global market opportunities

Payment Asia understands that your business may be facing still competition in your niche. Their solutions will help your business grow in local as well as global markets. Easy transaction processes and reduced exchange rates will significantly contribute to the growth of your business. Through its payment gateway, you will be able to accept payments from cards, e-wallets, phone transfers, and even cryptocurrency. Further, payments can be made at any hour of the day and will be confirmed instantly. With easy and multiple payment options, your business will earn loyal customers in the global market.

Friendly customer service

With Payment Asia you are assured of reliable and friendly 24/7 customer service. Their team of professionals is available to address any problems or queries. Thus, if there’s a glitch or if you have questions about exchange rates, you can always get in touch with customer support. The team has been appreciated for being attentive and prompt. Payment Asia’s Kenneth confirms that all their service representatives undergo training to handle and settle problems as quickly as possible. Therefore, if you want your business to gain trust and grow, it’s time to partner with Payment Asia. They will form the perfect partnership to take your business to the next level.

Comprehensive and Cost-Effective E-payment Services from Payment Asia

A vast majority of consumers worldwide are moving towards e-payment channels these days due to the convenience it offers. It is essential therefore for a business owner to offer such e-payment alternatives to their customers in order to stay ahead of their competition and gain market edge. But customers can be wary when it comes to making online payments. A business should ensure that the payment gateway channels they offer are secure and flexible as well as quick and efficient.

 Third-Party Service Provider

Companies like Payment Asia have extensive experience when it comes to developing and providing advanced e-payment solutions to their clients. Established in Hong Kong in 1999, Payment Asia has offered innovative technological solutions to a wide range of clients from small and medium local businesses to large multinational enterprises spanning Asia.

It is beneficial for a business to choose the services of a third-party provider like Payment Asia as it saves them the time, money and effort of developing custom systems for themselves. Rather, they can focus on their core business while depending on Payment Asia who have established themselves as a trustworthy provider to meet the payment needs and growing demand of their customers.

Types of Packages

As mentioned by Payment Asia’s Kenneth, the company offers a standard and a premium package to their clients. Depending on the size of your business, you can choose the package that fits your need and budget. Small and medium size businesses typically prefer the standard package which consists of a single source system as well as comprehensive scalable solutions for any future business requirements. The payment gateway supports multi-currency payments and also provides real time reports and fraud protection. All this comes at a very affordable cost while providing easy and secure online payment options to the customers. They also include some value-added services like e-marketing campaigns to give visibility to businesses and increase online traffic to their client’s website and aids in cross-selling.

The premium package is designed for businesses that have a large turnover and global reach. It has all the features that the standard package offers with excellent customer and technical support services for a glitch-free experience. The multi-lingual and multi-currency options are a great advantage for doing business on a global scale. The company offers latest payment methods which include debit and credit cards and other alternate payment channels with a flexible settlement period. All these features provide customers with maximum convenience for their payments and ensure that they are satisfied with the service. The advanced fraud detection and prevention systems integrated into the solutions provide complete protection to the users for all transactions made by them.

Application process

The application process at PaymentAsia is simple and completely hassle-free. The company has a checklist for merchants of all required documents to be provided while applying for a merchant account. If all documents are in place, the procedure to set-up takes just a few days and a business can expect to start using the system within seven working days.

If you want a customized, comprehensive and cost-effective e-payment solution to boot your business transactions, connect with the team at Payment Asia to understand what they have to offer and how they can help you. The team has a good grasp and understanding of all types of business requirements from the number of clients that they have worked with can develop a custom e-payment solution for you that will be an innovative tool for the growth of your business. With this e-payment service provider, you can accept payments from customers at any time and from anywhere around the globe.

Efficient Management of Your E-commerce and E-payments

Payment Asia offers the most innovative and secure technology for mobile and online payment solutions to global and domestic online businesses. It is also a leading e-Payment technology and e-commerce management company. Established in 1999 and based in Hong Kong, Payment Asia has been committed to offering innovative e-payment solutions using the latest online payment technology to serve local small and medium enterprises (SMEs) to Multi-national Corporations (MNCs) across Asia.

Comprehensive Professional Services

 

Payment Asia provides its esteemed clientele with comprehensive business solutions that include cost-effective online payment processing through debit cards, credit cards, e-wallets, and more. They have systematically worked at enhancing the use of digital marketing, e-logistics businesses, e-commerce consulting, and artificial intelligence to suit the business requirements of their clients. To meet individual customer needs, their services have been customized and developed using advanced technology in order to provide omnichannel payment solutions. Until now, Payment Asia has served thousands of foreign and domestic merchants with concerted efforts and support from a highly experienced team of consultants.

 

Mobile Payment Solutions

 

While online purchases have become the norm, most people in Hong Kong prefers to buy their products using their mobile phones. Payment Asia has launched a mobile app payment gateway to serve the growing demand of clients. In order to reduce the auditing risks involved and to save costs, clients using the PA Pay App can benefit from cashless payments and can significantly boost their average sales.

 

Omni-Channel Payment Solutions

 

For all your business needs, Payment Asia offers a wide range of payment solutions. A seamless, integrated, secure, and reliable system is provided through omnichannel payment solutions through innovative payment technology to meet the growing demand of merchants. Their secure and state-of-the-art one-stop solution platform combines several payment methods, giving merchants the flexibility to deal with customers who prefer different options. As mentioned by Payment Asia’s Kenneth, the company aims to help merchants promote transparency, reduce operation costs, and maximize market share. This is why they have clients from various sectors, such as finance, aviation, tourism, and e-commerce.

 

Alternative Payment Solutions

 

Today, there are several other alternatives other than cards for payments when it comes to online transactions. The business world now accepts a huge range of payment options thanks to the rapid development of payment technology. This innovation and development have fueled the growth of e-commerce in general, enabling businesses to grow and prosper. To provide the best and most efficient payment options for merchants, Payment Asia seamlessly includes alternative payment solutions into its comprehensive payment service packages. Some of the alternative payment methods are bank transfers, mobile payments, direct debits, and e-wallets.

 

Payment Based Lending Solution

 

Payment Asia offers a simple way for users to make short term credit card payments by partnering with Reap. This allows users to earn rewards such as cashback rewards, air miles, and access up to 58 days of interest-free financing. Reap is a leading payments-based lending platform in Asia, which is headquartered in Hong Kong. They enable small businesses to pay expenses anywhere to anyone via credit card. Reap has developed partnerships with several local and international corporations such as Visa, Xero, Lalamove, and hopes to utilize these relationships to serve thousands of local SMEs. Some important clients of Reap include Heeretea, Snaptee, Pizza Box, etc.

 

Choosing Payment Asia is the next step in the right direction when it comes to offering your customers multiple options for payment. In a world of stiff competition, it is important to make the right decisions at the right time. Get in touch with Payment Asia’s Kenneth for more details. 

How does Payment Asia Secure Your Transactions?

As an online merchant, you will want to secure digital transfers to avoid any payment glitches. Payment Asia secures your online transactions while preventing fraudulent activities. It also prepares you for future changes in the market to prevent heavy losses. Take a look at how Payment Asia protects your online credit-card transfers.

Merchant-Customer Network

 

Payment Asia prioritizes the merchant-customer relationship. Therefore, it designs your website to provide easy and secure payment options to customers. They allow multiple payments and currency options for consumers to choose from. Credit card transactions are usually preferred, but these transactions are often at risk of being exposed to fraud. However, Payment Asia’s networks can easily and professionally handle such risks. They create a host page that collects the transaction data before it is transferred to the acquiring bank. While this page is tailor-made for your business needs, it also retains the data to boost your sales. When multiple payment methods are provided by your website, it will attract more customers as they can pay using different and convenient options such as eWallet, credit and debit card, and bank transfers.

 

Compliance Procedures

 

If your business is on a digital platform, then it will have to comply with certain regulations. While dealing with varied currencies and different payment methods, there’s a constant threat of data theft. PCI DSS compliance is the first step to secure credit card details. Through its networks, Payment Asia fortifies your transactions as well as your customers’ details. Their networks have high-level built-in API to prevent untoward activities on your digital website. Apart from this, you’re also assured of safety from the theft of personal information.

 

Security Networks

 

Payment Asia uses top-notch security channels between the merchant and the customer. The channels come into play once the card details are entered into the device. The first fraud check takes place at this level. Then the PCI networks activate the encryption process to make it end to end. Amongst other designs, the details are often converted to EFT switches so the messages can be interpreted according to the processing formats. If you choose a service provider with a weak security network, you have a higher risk of data theft.

 

Acquiring Banks

 

Apart from data encryption, Payment Asia networks are also focused on bank procedures. The data received by the bank is given to credit card channels, which forwards it to the issuing bank. While the second fraud check is run by the acquiring bank, a third screening is conducted by the issuing bank. This eliminates all possibilities of your website, falling prey to any fraudulent activity. Once the checks have been successfully conducted, the bank authorizes the transaction to the acquirer. However, if there are any glitches with the card, then the same is rejected by the bank. 

 

Post-Authorization Procedure

 

Once the customer’s bank authorizes the payment, it is ready to be transferred to you. The funds are either sent to your account or to Payment Asia’s account. This is based on your registration preferences. Even if you have a dedicated, acquiring bank account, it needs to be under the umbrella of your service provider’s network. While transferring this fund, the norms of your provider-merchant agreement will come into play. After the successful transmission of this fund, you’ll get a confirmation message. However, if the credit card payment is declined, your website will direct the customer to choose another payment option. This secure network and encryption reduce the PCI burden while shielding your transactions from being mishandled. 

 

Speak to Payment Asia’s Kenneth, a company representative for more details with regard to their services. 

An Introduction to Payment Gateways and How They Help

A payment gateway helps keep the online transactions rolling smoothly for both the merchants and the customers. It is just a medium that helps in transactions of payments from the customer to the acquiring bank. A payment gateway helps validate the payments made by the customer by checking into the card details securely, ensuring there are sufficient funds available to make the payment, and eventually processing the transactions into the merchant's bank account. The key players of an online payment gateway are customer, merchant, issuing bank, and the acquiring bank. In short, the payment gateway acts as the middleman between the customer and the merchant. If you are looking for a payment gateway provider for your business, Payment Asia is a trusted provider. Take a look at Payment Asia reviews!

Advantages of a Payment Gateway

Payment gateway technologies offer easy, quick, and safe transaction options for online businesses. They help run the business smoothly without much hassle of bill payments. A payment gateway is a secure way of online payments. Especially if you have customers across the globe, payment gateway technologies help make online payments easier through multiple currency payment options, net banking, and mobile banking. A payment gateway completely relies on customer given information. They also help protect the merchants as well as the customers from insufficient fund details, closed accounts, and an expired card. Also, if your customers are using a credit card to make any online payments, the payment gateway helps to identify any exceeding credit limits, thus, making it easier for customers to make a choice of mode of payment.

 

How does a Payment Gateway Work?

 

A customer looking for a particular product would perhaps, scan through your website for the desired product. If he likes something, he will choose the product or services and proceed to the payment page. The payment page will give the customer multiple payment options to choose from. All the details provided by the customer are securely passed on to the payment gateway provider, such as Payment Asia. The Payment gateway provider does encrypt the data and checks for any fraudulent activity, sufficient fund details, card expiry, and account details before the card data are sent to the acquiring bank. The acquiring bank sends the details to the card schemes (credit or debit card) and then the payment data to the issuing bank. The issuing bank then authorizes the transactions. After the transaction has been authorized, the acquiring bank sends out a success or decline message to the merchant.

 

If you are looking for a trusted payment gateway provider in China, Payment Asia is your one-stop solution. Take a look at Payment Asia reviews and see what some of the clients have to say about their experience of partnering with Payment Asia.

Omni-Channel Payment Solutions – The Need of the Hour

The world has shifted to virtual reality. And this goes for markets as well. Stores have been shifting online increasingly. This has also led to a revolution in payment methods. From payments that allow one to pay by cash when goods are delivered to payments that may be made by credit and debit cards, cashless and card-less payments may be made through e-wallets or even through net banking. It is very important for a merchant to ensure that his online store provides the most convenient payment channel through which to make payments. E-commerce payment solution providers like Payment Asia help merchants provide customers with the most convenient payment solutions by offering omnichannel as a payment solution.

What Does Omnichannel Payment Mean?

Omni-channel payment solutions allow for payments to be made across multiple devices. In simpler terms, one transaction can be executed across multiple devices. How this works is that an omni payment channel integrates multiple methods of payment seamlessly and consistently so customers can make transactions through any device. Not only are omni-channels beneficial to the customers, but they also serve merchants well. Payment Asia reviews record the numerous benefits of an omni payment channel like reminders for payments, records of recurring payments, and accounts of every transaction and provision for creating invoices, to name a few.

The Platforms Across Which Omnichannel Payments Work

The experts at Payment Asia help merchants set up omni-channels that work across multiple devices and platforms including brick and mortar and online stores, smartphones and devices, and alternative online payment methods at the point of sale. What this means is that a customer can visit a merchant’s offline store and make a payment at the check-out counter using credit or debit cards. This would be integrated with the payment made via the online store by means of net banking or cards or e-wallets. Essentially, irrespective of platform chosen, at the point of sale, i.e., the point where all the goods and services are accounted for and billed (online or offline), the transactions are integrated so as to provide common invoices.

The Numerous Benefits of Omnichannel Payments

Payment Asia reviews boast of the excellent service provided by the experts at Payment Asia and also of the numerous benefits of omnichannel payments. The most obvious benefit is obviously convenience, both for the merchant and the customer. While a customer can easily execute a transaction across multiple platforms, a merchant will be able to supply an invoice for the transaction irrespective of the platforms used. Omni-channel payments allow one to easily make recurring payments, automatically generates invoices, and thus saves users time that would’ve been spent doing the same otherwise.