If you're a finance lead in Kuala Lumpur or Manila reconciling payment gateway statements this week, three names on your SEA SaaS stack moved since our last check on May 6. Here's what actually changed, and what didn't: iPay88, Kargo Technologies, and Zoho One.
iPay88 (now ADAPTIS / NTT DATA Payment Services)
- Nov 13, 2024: GHL Systems Berhad rebranded as NTT DATA Payment Services Sdn Bhd after NTT DATA acquired GHL in 2024.
- Feb 20, 2025: iPay88 (M) Sdn Bhd was legally renamed NTT DATA eCommerce Solutions Sdn Bhd.
- 2025: NTT DATA Payment Services launched ADAPTIS, a unified payment brand that folds in iPay88 and eGHL. It debuted in Malaysia first, then rolled out to Thailand and the Philippines later that year.
- Full merchant migration to the ADAPTIS brand was targeted for completion by March 2026.
- Checked Jul 5, 2026: iPay88's merchant integration docs at EasyStore and SiteGiant now list the connector as "ADAPTIS (formerly known as iPay88)." The old brand name is quietly disappearing from merchant-facing materials.
- No pricing change turned up between May 6 and Jul 5, 2026. FPX still runs about 1.4% plus MYR 0.50 per transaction, DuitNow QR sits at 0.7-1.0%, and card acceptance stays at 2.4-2.8% - all matching the prior listing.
- Local integrations are unchanged: FPX, DuitNow QR, Touch 'n Go, GrabPay, Boost, ShopeePay Malaysia.
- Our take: ADAPTIS is functionally iPay88 with new letterhead. If you're integrating in Bangkok or Manila this quarter, budget time for your finance team to double-check statement branding before your engineers even touch the API docs.
- Database note: this listing is still tracked under the "iPay88" slug. Given how far the brand transition has gone, it's due for a rename or merge to "ADAPTIS."
- Worth watching: NTT DATA's own materials still say "iPay88" in some markets and "ADAPTIS" in others, which is exactly the kind of inconsistency that trips up integration audits. If your ops team hasn't flagged this yet, now's the time.
Kargo Technologies
- Dec 5, 2025: Kargo Technologies announced an EV-based logistics partnership alongside a refreshed brand identity. The plan: 500 EVs deployed in 2025, scaling to 2,500 by 2026. They're calling it the "Electrified Silk Road," with a goal of fully electrifying operations by 2035.
- Confirmed EV fleet clients: Sea Group's SPX Express, quick-commerce firm Astro, and AirAsia's Teleport delivery unit.
- As of this check, the 2026 rollout looks like this: EV pilot testing is underway in Indonesia, and a Malaysia pilot is planned by year-end. Singapore and Thailand pilots are slated for later in the year.
- No new subscription pricing tier has surfaced. Kargo Nexus is still custom-quoted with no public starting price - same as the prior listing.
- We found no Shopee, TikTok Shop, VietQR, PromptPay, or GCash integration announcements for Kargo Technologies in the May 6 - Jul 5, 2026 window.
- One correction worth flagging: a $42M "Kargo" Series B / AI warehouse funding story has been circulating since June. That's a different company - a US ad-tech and warehouse firm with a similar name. It has nothing to do with Jakarta-based Kargo Technologies, so we left it out of this entry.
- Our take: the EV pledge is ambitious on paper, but until Kargo confirms a Singapore or Thailand pilot with an actual date, treat "later in the year" as marketing language, not a commitment.
- Also worth noting: none of Kargo's public materials mention per-shipment or subscription pricing for the EV logistics program itself - everything published so far is fleet size and timeline, not cost. Anyone budgeting for a 2026 pilot in Jakarta or Kuala Lumpur should ask directly rather than assume a rate card exists.
Zoho One
- No SEA-specific pricing change turned up between May 6 and Jul 5, 2026. Current confirmed pricing: the All Employee plan runs $37/employee/month annual (about THB 1,340) or $45/employee/month billed monthly. The Flexible User plan runs $90/user/month annual (about SGD 121) or $105/user/month billed monthly.
- Zoho's own "What's New" changelog for Zoho One (zoho.com/one/whats-new.html) shows nothing dated after March 2026 as of this check. The latest logged update is new Zoho Payroll country editions - Canada, Bahrain, Qatar, Oman, Kuwait - added in March 2026.
- Zia, Zoho's AI assistant, is still bundled free across 45+ apps. No new standalone AI module or enterprise tier has launched in the tracking window.
- Existing SEA integrations are unchanged: Shopee, Lazada, and TikTok Shop for ecommerce; LINE, WhatsApp, and Facebook Messenger for messaging.
- Our take: Zoho's changelog reads suspiciously quiet for a three-month stretch. Either nothing shipped, or the page lags behind what actually rolled out - worth re-checking once April-June entries get indexed.
- One more angle: that $37-$105 per-seat range stays roughly the same whether you're billing out of Singapore, Bangkok, or Jakarta, since Zoho doesn't localize SEA pricing by country the way some competitors do. Convenient if you run a multi-country team, less convenient if you were hoping for a regional discount.