Ecommpay empowers global businesses to unlock the Asian market
Ecommpay, the inclusive global payments platform, is enabling businesses worldwide to capitalise on the booming digital economy of Asia with a wide choice of Alternative Payment Methods (APMs) that are popular across the region. This strategic move addresses the increasing demand for localised payment options and facilitates seamless expansion for merchants looking to tap into this dynamic market.
Some of the most popular APMs available through Ecommpay include FPS QR in Hong Kong, OVO and QRIS in Indonesia, TouchNGo and Online Banking in Malaysia, GCash, GrabPay and QRPh in the Philippines, PromptPay and MoMo Wallet in Vietnam. The full list is available on the Ecommpay website.
Southeast Asia's digital economy has witnessed an impressive 82% growth in the last five years, and per capita spending on digital services is projected to surge by 79% between 2022 and 2027. A recent report by Money20/20 and FXC Intelligence also forecast that Asia-Pacific's cross-border payment volume will nearly double to $23.8 trillion by 2032, up from $12.8 trillion in 2024. This highlights the immense potential for businesses that can effectively cater to the region's unique payment preferences.
“Expanding into Asia presents a significant growth opportunity for businesses across various sectors," commented Rosanna Helm-Visscher, Global Head of Partnerships at Ecommpay. "However, success in this dynamic market hinges on understanding and accommodating local payment preferences."
“The tech-savvy, young and rapidly growing population is driving the adoption of digital solutions and demanding modern payment options. Merchants hoping to serve this region must be able to meet that demand and Ecommpay's comprehensive suite of Asian APMs is providing a frictionless checkout experience, building trust with local consumers and ultimately drive revenue growth."
Ecommpay is proud to help global businesses grow in Asia through compliant and secure payment solutions, fully aligned with data privacy laws, international sanctions frameworks, and local regulatory requirements.