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Wallet

Wallet is a payment method based on a local digital account. During payment, funds can be directly paid into the recipient's digital wallet account, enabling fast and flexible payment.

Become a PayerMax customer and you can make real-time payments (T+1 for certain wallets) to over 20 local wallets in Asia Pacific, the Middle East, the Americas, and other regions with just one connection.

1. Payment Advantages

  • Extremely fast payment processing, typically real-time payment to wallets;

  • User-friendly: Recipients don't need a bank account; simply using a digital wallet registration ID or mobile phone number allows them to receive funds, making it easy to use;

  • Widely adaptable to various scenarios, suitable for high-frequency, low-value transactions;

  • Low cost: Payments to wallets are typically processed locally, and transfer fees are lower than those for local bank account payments or cross-border payments.

Local wallets are often subject to local compliance requirements and balance limits. Some wallets offer cross-border remittance capabilities, but this depends on their partner networks, clearing networks, and local policy support.

Wallet payment methods are widely used in Southeast Asia and have a large user base. Local wallets are also quite popular in parts of the Middle East and the Americas.

2. Adaptation Scenarios

  • Instant payroll (for ride-hailing, food delivery drivers, and other freelancers);

  • Platform profit sharing and commission payments;

  • Cross-border remittances;

  • Benefits for platform digital content creators;

  • Institutional subsidy payments;

  • Membership rewards and promotional cashback, etc.

3. Ability Recommendation

Wallet payment capabilities are recommended for partners looking to expand into the following regions:

RegionCountryLocal E-Wallets
Asia-PacificIndonesiaDANA, GoPay, OVO, ShopeePay, LinkAja
PhilippinesGCash, Paymaya, GrabPay, Lazada
MalaysiaTough'n Go
ThailandTrueMoney
VietnamZaloPay
Middle EastEgyptVodafone, Etisalat, Orange, Meeza Wallets
TurkeyPapara
AmericasBrazilMercadoPago, Pagbank

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