HitPay, a Singapore-based fintech startup, has reached $2.5 billion in annualised payment volumes with just $18 million in funding. The 35-person company helps businesses accept digital payments across over 40 local payment methods in Asia Pacific. Founded in 2016, HitPay saw growth accelerate in 2020 following a product revamp and post-pandemic industry surge. Its clients include Carousell and GetGo. The company's total payment volumes grew 96 times between 2020 and 2025, with revenue achieving a 131% compound annual growth rate during the same period. HitPay's cross-border transactions feature, launched in June 2025, now processes $50 million monthly. The company competes against well-funded rivals like Stripe and Airwallex, which processed $266 billion in transaction volume last year.

ShopeePay, HitPay unite to streamline digital payments in the Philippines. 0 24 3 minutes read MANILA, PHILIPPINES - ShopeePay, a digital payment and financial services provider in Southeast Asia and Brazil, today announced its integration with HitPay, one of the fastest-growing payment gateways for Philippine SMEs. This integration connects millions of ShopeePay users with thousands of online and physical stores nationwide, spanning a wide range of brands such as Jisulife, Aula Philippines, Chiron Activewear, Mad Bombs, Hale Manna, and Coastal Gardens, among others. Addressing today's digital payment gaps. With digital transactions in the Philippines surging in 2025, payments in the Philippines are still often fragmented for both consumers and merchants, with multiple payment methods and platforms resulting in inconsistent checkout experiences across online and offline channels. This fragmentation also adds complexity to merchants' day-to-day operations, especially for SMEs who often face higher barriers in adopting digital solutions. The ShopeePay-HitPay integration addresses these challenges by bringing a unified, secure, and easy-to-use payment pathway to more Filipinos. This partnership brings together HitPay's robust payment infrastructure and ShopeePay's trusted digital ecosystem to create meaningful value for both consumers and merchants. For ShopeePay users, it expands payment acceptance across more online and offline businesses nationwide, enabling seamless, secure transactions on a familiar, trusted platform. For HitPay merchants, the integration consolidates ShopeePay into a single, streamlined gateway, simplifying operations while unlocking access to a broader, highly engaged user base. This enables improved conversion rates, faster checkout, and more dependable payment collection for common everyday transactions, including subscriptions. Through ShopeePay, Monee's core payment experiences are now supported on HitPay: * ShopeePay Wallet - Fast and easy checkouts using ShopeePay balance * SPayLater - Flexible payment options * MariBank Philippines Inc. (A Rural Bank) - Smooth and secure transactions via a linked MariBank account Strengthening the digital economy together. The partnership between ShopeePay and HitPay reinforces both companies' shared vision of expanding digital financial access and supporting business growth across the Philippines. Hazel Sumampong, Head of Product and Marketing at ShopeePay, shared that this collaboration is a meaningful step toward building a more inclusive payments ecosystem. She noted, "At ShopeePay, we're committed to giving users easy access to digital payment services. We want Filipinos to enjoy fast and secure online and offline payments through a more inclusive digital financial ecosystem. Our integration with HitPay strengthens this mission by making digital payments more convenient for users and more empowering for businesses." Aditya Haripurkar, Chief Executive Officer, HitPay emphasized the partnership's impact on merchants, saying, "We're thrilled to welcome ShopeePay into our merchant ecosystem. With mobile wallets accounting for more than 60% of all retail e-commerce transaction value in the Philippines, this partnership comes at an opportune time. By embedding ShopeePay directly into HitPay, we are enabling our merchants to capture this dominant shift in consumer behavior and connect seamlessly with millions of active ShopeePay users." With the integration now live, HitPay merchants across the Philippines can immediately accept ShopeePay for both online and offline transactions, including one-time and recurring payments. To activate ShopeePay for broader payment capabilities, businesses can contact HitPay at https://hitpayapp.com/ph/contact-us. About ShopeePay. ShopeePay is a digital payment and financial services provider in Southeast Asia and Brazil, offering users and merchants integrated access to everyday financial solutions. Launched in 2015, ShopeePay empowers digital lifestyles by enabling seamless transactions through multiple linked payment methods. It also provides access to value-added financial services through partnerships, including lending, insurance, and investments. For merchants, ShopeePay's payment infrastructure helps streamline operations and capture new growth opportunities in the digital economy. ShopeePay is part of Monee, the digital financial services arm of Sea, a global technology company. Monee's mission is to better the lives of individuals and businesses in Southeast Asia and Latin America by advancing financial inclusion through technology. About HitPay. HitPay is one of the fastest-growing payment platforms for SMEs in Southeast Asia, providing secure payments, smooth payouts, and a suite of easy-to-use business tools that help entrepreneurs operate and grow with confidence. The platform supports online and offline payment acceptance, including cards, e-wallets, bank transfers, and local payment methods across multiple markets. Recognized by Tech in Asia and Statista as one of Singapore's top fintech companies in 2026, HitPay empowers merchants with integrated commerce solutions designed to simplify operations and accelerate business growth.

Central West Shop expands payment options through new partnership with HitPay. At Central West Shop, Central West Shop is always looking for ways to make your shopping experience easier, faster, and more convenient. Today, Central West Shop is excited to announce a major upgrade to its checkout experience. Central West Shop has officially partnered with HitPay, a leading payment solutions provider, to offer more flexible and secure payment options for its customers at https://www.centralwestshop.com/ More ways to pay - the way you prefer. With HitPay's versatile payment gateway, customers can now enjoy multiple payment methods when shopping on its website. This upgrade ensures a smoother checkout experience and gives you the freedom to choose the payment option that works best for you. You can now pay using: E-Wallets & Mobile Wallets * GCash * GrabPay * ShopeePay Buy Now, Pay Later * BillEase * SPayLater Online Banking & Transfers * UnionBank Online * PESONet * InstaPay QR Payments Over-the-Counter Payments * Bayad Center * ECPay * Palawan Pawnshop Credit & Debit Cards * All major credit and debit cards are now supported. A better checkout experience. By integrating HitPay's secure payment infrastructure, Central West Shop customers can now enjoy: * Faster and more seamless checkout * Secure payment processing * More payment flexibility * Improved shopping convenience Whether you prefer paying through cards, e-wallets, QR codes, bank transfers, or buy-now-pay-later options, you now have more control over how you complete your purchase. Its commitment to convenience. This partnership is part of its ongoing commitment to making healthcare products more accessible, reliable, and convenient for Filipinos. By expanding its payment options, Central West Shop aim to remove barriers and ensure that every customer can shop with confidence. If you have any questions about these new payment options, feel free to contact Central West Shop - Central West Shop is happy to help.