Top Credit Card Payment Processing Companies for Asian Businesses in 2023

Are you an entrepreneur looking to expand your business in Asia? Choosing the right credit card payment processing company is crucial for ensuring smooth and secure transactions. This comprehensive guide will help you find the best credit card payment processing companies for your Asian business in 2023.

Ikajo International: The Best Choice for Asian Market in 2014 and Beyond

When it comes to credit card payment processing in Asia, Ikajo International stands out. This company has carved a niche for itself by providing businesses with a rapid and reliable payment gateway setup. In 2019, Ikajo International continued its commitment to excellence, offering fast and efficient service to businesses across the region.

Here are some of the key benefits of choosing Ikajo International:

Speedy Setup: Ikajo International enables businesses to set up a payment gateway within two business days. This quick turnaround time allows you to hit the ground running without any delay. Dedicated Dispute Management: Ikajo International provides assistance with dispute management, ensuring that any issues can be resolved swiftly and efficiently. Broad Banking Network: Connect with over 60 banks globally, giving you access to a wide range of financial institutions and reducing transaction bottlenecks. Free Recurring Funding: Get the convenience of free recurring funding, ensuring you have the resources you need to grow your business.

Paycron: A Solution for Offshore Pharmaceuticals and PC Support

For businesses dealing with offshore pharmaceuticals or providing PC support services, Paycron is a top merchant account provider in Asia. This company specializes in providing tailored payment processing solutions for industries with high transaction volumes and strict regulatory requirements.

Here are the key characteristics of Paycron:

Competitive TDR Rates: Paycron offers competitive TDR (Transaction Disputes Rate) for different industries. For PC Support, expect a TDR ranging from 9.5 to 10.5. For Pharmaceuticals, the TDR is between 8.5 to 9.5. Processed Weekly with Hold Time: Paycron provides weekly payouts, but with a one-week hold time. This ensures that you have enough time to address any potential issues and settle transactions before they are released. Qualified Merchants Only: Paycron accepts merchants who have achieved a monthly volume of 100,000 and a robust processing history. This ensures that you partner with a company that can handle your transaction volume securely and efficiently. No Startup Approval Needed: Unlike some other providers, Paycron does not require a startup application process, streamlining the onboarding for your business.

Choosing the Right Payment Processing Company

Selecting the right credit card payment processing company for your business in Asia is more than just finding the lowest rate. It's about ensuring that your company can operate smoothly and securely. Here are some key factors to consider:

Speed of Setup: Look for a provider that can get you up and running quickly without unnecessary delays. Dispute Resolution: A provider that can offer prompt and effective dispute management is crucial for maintaining a good reputation. Banking Network: A wide range of banking partnerships can help your business avoid transaction bottlenecks and resolve issues faster. Flexibility in Payout: Choose a provider that can offer flexible payout options that align with your business needs. Historical Performance: Check the provider's track record and ensure they can handle high transaction volumes with minimal issues.

Conclusion

The credit card payment processing landscape in Asia is dynamic, and choosing the right company can make a significant difference in your business's success. Whether you're interested in Ikajo International or Paycron, make sure to evaluate your options carefully to find the best fit for your business needs in 2023.