PhotonPay has entered into a new partnership to integrate Stripe’s payment infrastructure into PhotonPay’s platform.

The move is aimed to support PhotonPay’s online acquiring services and help merchants expand across multiple regions.

In a statement, PhotonPay said the integration will strengthen “the breadth and resilience of its online payment capabilities”.

The Hong Kong-based company also plans to combine its existing capabilities with Stripe’s infrastructure to deliver a unified payment experience for merchants and end customers in different markets.

PhotonPay said it currently operates across more than 20 local markets and supports more than 100 currencies.

In addition to major card schemes, it supports multiple payment types, including e-wallets, local bank transfers and real-time payments.

The latest partnership with Stripe will also expand access to additional payment methods and help businesses align with local customer payment preferences through a single capital management interface.

PhotonPay also pointed to operational benefits from Stripe’s technology. The company said Stripe’s standardised and modular approach will make it easier to roll out new payment features.

It said the integration will shorten time to market and reduce integration complexity for merchants.

PhotonPay Product vice-president Chao Xu said: “This collaboration with Stripe is a strategic leap for PhotonPay.

“By combining Stripe’s global reach with our specialised service, we are delivering a truly unified and resilient payment solution. This partnership further reinforces our core mission: connect the global digital economy.”

The company recently obtained a money transmitter licence (MTL) from a US state financial regulator, which enables it to expand payment and funds transfer services in the region.