What is Aleta Planet? Aleta Planet Review, Features

Aleta Planet is a principal member certified by UnionPay International, aiming to empower you with technology and proprietary integrated payment solutions to help your business soar with the Chinese economy.

About Aleta Planet

Founded in Singapore in 2014, Aleta Planet is a payment technology provider that integrates merchant acquiring, payment card issuance, remittance and B2B payments. Aleta Planet has been granted a large payment institution license by the Monetary Authority of Singapore and has offices in Hong Kong, Dubai, Australia and Malaysia. The company's secure and internationally certified proprietary platform connects businesses to global payment infrastructure through an application programming interface, helping businesses achieve business growth, increase customer engagement and capture new revenue opportunities.

Aleta Planet specializes in cross-border multi-currency transactions with China through UnionPay International and WeChat Pay. The company's platform is independent of any payment card network, and after its huge success, it has also obtained operating licenses for other payment card networks, such as JCB, Discover, Diners Club, Visa and MasterCard, and also supports PayNow. In addition, Aleta Planet's extensive service network allows individuals and businesses to receive local currencies from 35 countries or send remittances to 141 countries. Through the comprehensive business scope provided, the company strives to expand its service scope to other global markets outside of China.

Products and Services

• In-store QR code payment

Connect to the world's largest consumer market through UnionPay digital snack POS terminals;

• Electronic card issuance worldwide

Create your own electronic account and develop new sources of income;

• Online QR code payment

Digital payment solutions help you grow your business: seamlessly expand your online business to the Chinese market and go global;

• money transfer

Send money to China in 60 seconds and receive money from 7.5 billion UnionPay cardholders at the same time;

• White Label

Providing seamless, customized solutions for financial institutions.

Frequently asked questions

Q : How is Aleta Planet different from other payment processors?

A : As an all-in-one platform, Aleta Planet provides merchants with a complete set of online payment solutions, from creating and maintaining merchant accounts to processing payments directly through payment gateways developed by our in-house professionals.

While there are many payment gateways and third-party payment service providers on the market, few offer comprehensive value-added services like Aleta Planet. As a certified principal member, Aleta Planet's primary responsibility is to create and maintain merchant accounts for your business, while providing merchants with further front-end value-added services such as the Aleta Planet online platform, while also developing and managing back-end payment processing through an in-house payment gateway.

Merchants using Aleta Planet effectively cut out traditional middlemen in the payment chain, such as primary merchants and third-party payment gateways, thereby increasing efficiency and reducing costs. Aleta Planet helps you save time and money, making payment management an effortless experience.

Q : What is an acquiring bank?

A : An acquiring bank, also known as a merchant bank, is a bank or financial institution that has obtained membership in payment card organizations such as UnionPay, Visa or MasterCard, and has the right to create and maintain merchant accounts in the payment card network. Acquiring banks, together with issuing banks and payment card organizations (VISA/MasterCard/UnionPay), constitute the main entities for payment processing between merchants and cardholders.

Q : What is a payment gateway?

A : A gateway receives payment card information entered by customers on a website or payment platform and transfers it to the processor to release the funds to the merchant account. A payment gateway connects your website to a payment processor. It authorizes payment cards and electronic payments by encrypting sensitive data. This is how customer funds are transferred to the merchant account.