If you're running a multi-currency storefront out of Singapore and you've ever eaten an FX spread you didn't ask for at checkout, this edition of the tracker is worth five minutes. Three items came out of the SEA payments beat this cycle: one product changelog, one merchant-mix disclosure, and one funding announcement with a profitability number attached. Nobody touched a subscription price this time -- which is honestly the more interesting story on a beat that usually has at least one fee change to report.
HitPay
HitPay's own changelog (hitpayapp.com/changelog) logged version 6.0.x on 2026-07-20, last touched 2026-07-25: multi-currency support finally landed on HitPay POS.
Merchants can now set a product's price per currency with a fixed exchange rate they define themselves. Or they can leave it on automatic real-time FX conversion from their home currency, if they haven't set a fixed price. That second option is the one worth watching. Automatic conversion sounds convenient until a rate swings mid-shift and a customer in Kuala Lumpur pays a different amount than the one they saw an hour earlier. For a seller taking orders from Jakarta and Ho Chi Minh City alongside local buyers, that single setting is the difference between a clean fixed price and whatever the FX API returns that minute.
This sits on top of HitPay's existing pay-as-you-go model. No monthly fee, no setup fee. Built-in features -- POS, Online Store, Payment Links, Invoicing, most plugins -- still carry the standing 0.2% add-on fee, and Shopify stays at 0.5%. Neither rate moved with this release.
One catch worth flagging before anyone turns this on: multi-currency prices with a fixed rate don't auto-update. The merchant-entered amount holds at checkout until someone manually changes it. Set it and forget it, and eventually you're quoting a stale rate to a real customer.
Sources: HitPay changelog (hitpayapp.com/changelog, changelog.hitpayapp.com), HitPay docs (docs.hitpayapp.com/pos/multi-currency-products).
PayMongo
On 2026-07-02, PayMongo put out H1 2026 numbers that are genuinely striking if you've been watching Philippine payment rails: QR Ph hit 55% of total platform payment volume, up from 16% in H1 2025. That's a 510% year-on-year jump in QR Ph volume alone.
Card share fell to 19% over the same stretch. E-wallets -- GCash, Maya, ShopeePay -- held 21%. Read those three numbers together and the shift is hard to miss: cards are becoming the minority rail in the Philippines, not the default one.
PayMongo's merchant base grew 93% year-on-year in H1 2026. Its no-code payment-page product, PayMongo Pages, pulled in close to PHP 1 billion in H1 2026 from merchants who never touched a website build or an API integration. That figure says something about how much of the Philippine SME market still doesn't have a real storefront. Given how well a payment link seems to be doing the job instead, it probably never will.
No pricing-tier change came with this data. PayMongo's transaction pricing stays at 2.5-3.5% plus PHP 15 for cards and 1.5-2.5% for GCash and Maya. The Platforms tier still starts from PHP 75 per month per activated sub-account.
Sources: BusinessWorld Online (bworldonline.com, 2026-07-02 and 2026-07-03), Manila Bulletin (2026-07-02), Philstar.com (2026-07-03), Newsbytes.ph (2026-07-03), Back End News.
Qashier
Qashier closed a US$6.125 million Series A+ round on 2026-06-30, equity plus debt, led by Cocoon Capital, IFP Securities, and BlackSoil Global, with strategic angel investors joining in.
The number that actually matters here isn't the raise. It's that Qashier says it has been profitable every month since December 2025. That's on US$1 billion in annualized payment volume, across more than 20,000 merchants spread across Singapore, Malaysia, Thailand, and the Philippines. A regional POS company posting eight straight profitable months on four-market volume is rarer than another funding headline. It's worth more attention than it's getting. Eight straight months of profitability, four markets, twenty thousand merchants -- that combination is what regional investors are actually chasing right now, not another six-month runway extension.
The stated use of funds is regional expansion and product development. Specifically: omnichannel payment capabilities, embedded financial services, and AI-enabled insights and workflow automation. None of that has shipped yet, and no dates are attached, so treat it as direction rather than a roadmap.
No pricing change came with the round. Qashier's published starting price -- from $50 a month, with a freemium tier available -- is unchanged as of this research pass.
Sources: PR Newswire (2026-06-30), TechNode Global / TNGlobal (technode.global, 2026-06-30), DealStreetAsia, FinSMEs (2026-06-30), Fintech.Global (2026-06-30).
Coverage note
Eight other names got checked before HitPay, PayMongo, and Qashier made the cut this edition: Loyverse, Jubelio, SleekFlow, Respond.io, Ninja Van, Insider, Deskera, and Osome. None of them produced a dated pricing, feature, or integration change inside the 2026-06-18 to 2026-08-17 window that held up on a second check. Mostly general reviews, pricing-guide pages, or funding and product news that predates the window. SleekFlow's AgentFlow launch, for instance, dates back to July 2025 -- a full year before this window even opened.