Payment Options taps Tribe Payments for acquirer processing across Asia-Pacific
Singapore-based Payment Options has chosen Tribe Payments to power payment processing for its acquiring business as the company expands direct Visa and Mastercard acquiring in Asia-Pacific and CEMEA. The rollout starts in Mauritius, where Payment Options is now a principal member of both card schemes.
Why it matters: - Payment Options is moving deeper into card acquiring, and the Tribe partnership gives the company processing infrastructure to support that shift. - The deal helps Payment Options expand direct Visa and Mastercard acquiring across Asia-Pacific and CEMEA without building its own processing platform first. - The move also signals growing merchant acquiring activity in the region as payment firms step up from referral and gateway roles to principal membership and direct acquiring.
What happened: - Payment Options, a Singapore-headquartered payment service provider, partnered with Tribe Payments for payment processing technology and connectivity for its acquiring business. - The rollout begins in Mauritius, with a phased expansion planned into other markets as Payment Options grows. - Payment Options is now a principal member of Visa and Mastercard in Mauritius. - Tribe Payments is a global issuer and acquirer processor.
The details: - Payment Options was founded in Singapore in 2012. - The company started as a reseller and referral agent for acquirers before building its own payment gateway. - Payment Options later became a payment service provider and payment facilitator. - The company now operates in Singapore, Mauritius, Hong Kong, Japan and Malaysia. - Payment Options considered three options for card processing: build, buy or partner. - The company chose to partner after evaluating several providers. - Tribe will provide acquirer processing for Payment Options. - The partnership is intended to support Payment Options' direct acquiring businesses in Asia-Pacific and CEMEA. - Aaron Yip, managing director of Payment Options, said the company wanted genuine payments expertise and market knowledge. - Yip said Tribe’s technical expertise and prior experience with card schemes gave Payment Options confidence and could save time. - Yip also said the implementation team showed flexibility and willingness to go the extra mile. - Matt Weir, general manager for Asia-Pacific at Tribe Payments, said Payment Options' path from referral partner to payment facilitator to principal member and acquirer reflects broader growth in Asia-Pacific merchant acquiring. - Weir said Tribe will provide the processing backbone for Payment Options as it expands merchant acquiring across the region.
Between the lines: - Payment Options' decision to outsource processing suggests speed to market mattered as much as control over infrastructure. - Principal membership can open direct acquiring economics, but it also raises the operational bar for compliance, scheme connectivity and processing reliability. - Tribe appears to be using the deal to deepen its footprint in Asia-Pacific, where regional acquiring demand is growing. - Payment Options has already referred several of its own partners to Tribe, which may broaden the relationship beyond a single processing contract.
What's next: - Payment Options plans a phased rollout into more markets beyond Mauritius. - The company is also exploring additional Tribe products, including SoftPOS. - Tribe and Payment Options said they expect to explore further payment solutions as the partnership grows.
The bottom line: - Payment Options has chosen a partner-led path for its acquiring expansion, using Tribe Payments to accelerate direct card processing while it scales across new markets.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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