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:

Region	Country	Local E-Wallets
Asia-Pacific	Indonesia	DANA, GoPay, OVO, ShopeePay, LinkAja
	Philippines	GCash, Paymaya, GrabPay, Lazada
	Malaysia	Tough'n Go
	Thailand	TrueMoney
	Vietnam	ZaloPay
Middle East	Egypt	Vodafone, Etisalat, Orange, Meeza Wallets
	Turkey	Papara
Americas	Brazil	MercadoPago, Pagbank