To encourage the adoption of digital payments by Philippine SMEs, HitPay and Ingenico have launched a “all-in-one” system

• The integrated Ingenico smart terminal and BSP-regulated HitPay platform empower Filipino merchants to accept all major transaction types, including GCash and Maya, via one device, simplifying compliance and reconciliation.
• HitPay and Ingenico aim to onboard 10,000 Filipino SMEs over the next 2 years across high-growth sectors like Retail, F&B, and Tourism, signaling a major investment in the nation’s digital economy.

A new all-in-one payments system introduced by BSP-regulated HitPay and world payment acceptance leader Ingenico is expected to provide Filipino SMEs with easier operations and quicker access to cash flow. The partnership gives local businesses the ability to easily accept credit cards and well-known e-wallets, among other major payment methods.

In order to assist merchants in accepting a variety of payment methods, including major credit/debit cards, QR-based payments such as GCash and Maya, and international cross-border payments, HitPay’s software platform is coupled with Ingenico’s smart terminal. This solution provides speedier access to cash flow and frequently settles payments faster than traditional models, which is beneficial for SMEs with limited margins.

Beyond access, the smart terminal also provides an affordable and simple way for SMEs to manage end-to-end operations from a single platform. These include unifying online and offline payment methods, issuing invoices, automating recurring billings, and accessing business insights to help inform key decisions.

The partnership also combines Ingenico’s global payments network, and HitPay’s extensive network made up of 25 regional payment partners, enabling SMEs to serve both domestic customers and tourists seamlessly.

“As the Philippines accelerates its ‘cash-lite’ goal, SMEs need to provide choice, speed, and security at checkout without being overwhelmed by complex software, multiple reconciliation steps, and high integration costs.,” said Aditya Haripurkar, Co-Founder and CEO of Hitpay. “Our collaboration with Ingenico goes beyond terminals and transactions; it is about democratizing access to enterprise-grade tools, giving SMEs the confidence to play their full part in the Philippines’ digital future.” 

“Ingenico’s mission has always been to simplify payments for businesses of every size. By working with HitPay and leveraging a comprehensive network of payment and banking partners, we’re giving Filipino SMEs access to secure and innovative tools that allow them to grow and stay relevant in a fast-changing market.”said Xavier Michel, Head of Southeast Asia Channel Markets, Ingenico

Businesses in important sectors like retail, food & beverage, and travel, where the transition to digital payments has been noticeable, have already started to use the partnership. Within the next two years, the collaboration hopes to empower 10,000 SMEs in the Philippines.

Serving more than 20,000 small businesses in the Philippines, HitPay is a BSP-regulated payment network that guarantees adherence to regional financial law