HitPay brings WeChat Pay feature to retailers across the Philippines. Local retail businesses can now accept transactions from Chinese tourists and receive settlements directly in Philippine pesos. Get the hottest Fintech Philippines News once a month in your Inbox HitPay has officially rolled out its latest transaction service for local merchants operating in the Philippines, a gateway that enables local businesses to accept funds seamlessly from over one billion global users of WeChat Pay. Merchants can now cater to the growing influx of international tourists by offering them a highly familiar digital wallet option during checkout. The payment system automatically processes these foreign currency transactions and settles the final funds directly in Philippine pesos. Sellers can capture these cross-border payments through multiple digital channels, including online checkout portals and custom payment links. Physical storefronts can also utilise the platform to generate dynamic borderless QR codes for instantaneous point of sale transactions. The company explicitly stated that the new payment feature requires absolutely no complicated technical setup or additional software integration. Business owners simply need to activate the option directly within their existing merchant dashboard to begin accepting foreign transactions. Eliminating common checkout friction points helps retail businesses capture a significantly larger share of regional tourist spending. Featured image: Edited by Fintech News Philippines based on an image by ramstudio via Magnific.

HitPay brings Tap to Pay on iPhone to merchants in Malaysia. The rollout could support merchants looking to lower setup costs while giving staff more mobility at checkout. Get the hottest Fintech Malaysia News once a month in your Inbox HitPay has launched Tap to Pay on iPhone in Malaysia, allowing merchants to accept contactless payments using an iPhone and the HitPay iOS app. The feature supports contactless credit and debit cards, Apple Pay and other digital wallets. Customers can pay by holding their card or device near the merchant's iPhone, with transactions completed through NFC technology. The launch follows HitPay's rollout of Tap to Pay on iPhone in Singapore in December 2025. The service is aimed at smaller businesses looking to accept in-person payments without dedicated hardware or monthly terminal rentals. Merchants can receive instant, full upfront payments, which may help with cash flow management. It is also intended for online businesses expanding into offline sales, including at pop-ups, markets, showrooms and events. Retailers can use it to equip staff with mobile checkout capabilities to reduce queues and improve the in-store experience. Aditya Haripurkar, CEO of HitPay, said, "Tap to Pay on iPhone removes traditional barriers to in-person acceptance by eliminating the need for additional hardware. Whether you're an online brand launching your first physical activation or a retailer looking for more mobility at checkout, your iPhone can now become your storefront. Fintech News is excited to bring this powerful capability to businesses across Malaysia." Merchants can get started within minutes through the HitPay iOS app on iPhone 11 or later running the latest version of iOS. Tap to Pay on iPhone uses the device's built-in security and privacy features. Card numbers and transaction information are not stored on the device or on Apple servers, although encrypted card numbers may be temporarily stored on iPhone for transactions made in Store and Forward mode.

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.