HitPay has launched a new feature called Borderless QR to help merchants accept QR-based payments from international visitors across Asia.
The Singapore-based payments platform said the solution allows merchants to generate transaction-specific QR codes that support multiple regional and international wallet standards without requiring separate technical integrations.
The feature is available to more than 20,000 MSMEs on HitPay’s network.
With Borderless QR, merchants enter a sale amount and select the customer’s home country to generate a QR code that can be scanned using the visitor’s preferred wallet.
Customers pay in their home currency, while merchants receive settlement in their local currency, typically by the next day.
HitPay said transactions are processed at mid-market exchange rates with no additional fees.
The feature supports regional QR schemes such as PayNow in Singapore, PromptPay in Thailand, QRIS in Indonesia, VietQR in Vietnam, and QR Ph in the Philippines, as well as international standards including WeChat Pay in China and India’s Unified Payments Interface.
“As Southeast Asia advances its collective digital payment goals, our focus is on making those connectivity practical for small businesses. Borderless QR is about supporting the region’s spirit of collaboration by providing a streamlined checkout flow.
Merchants can simply select a customer’s home country to generate a specific QR with a real-time converted amount, ensuring visitors pay with the wallets they trust while merchants continue to settle in their own currency”.
said Aditya Haripurkar, Co-Founder and CEO of HitPay.
The rollout is initially focused on Singapore, Malaysia, and the Philippines, although HitPay said the feature can be scaled to other markets through a software update.
The company said consolidating multiple payment standards into a single checkout flow reduces operational complexity, including time spent on staff training and payment reconciliation.
Featured image: Edited by Fintech News Singapore, based on image by farknot via Freepik
