SUNRATE, a Singapore-headquartered global payment and treasury management platform, has acquired an experienced payments team along with its acquiring systems and an established book of business, officially launching global acquiring as a new business line and deepening the company’s end-to-end payments offering.
The acquired team brings more than a decade of payments experience and currently serves merchants across cross-border eCommerce, online education, gaming, software and SaaS, travel platforms, and emerging retail brands. SUNRATE said it is elevating acquiring to a core capability, broadening how it supports enterprise payment acceptance across online and offline scenarios and expanding its reach across multiple markets and industries.
Following the acquisition, SUNRATE said customers will be able to manage digital payment acceptance, reconciliation and settlement, cross-border fund clearing, and localized payouts for B2B, B2C, and C2B flows through a single platform. The newly acquired group will operate as SUNRATE’s Global Acquiring Business Unit, working alongside the company’s compliance, technology, and global network teams to deliver enterprise-grade acquiring services.
SUNRATE said the acquiring stack includes a production-proven architecture validated through long-term operations, along with a comprehensive risk and compliance framework and capabilities spanning global card scheme connectivity, local payment method integration, fraud prevention, and compliant cross-border operations. The company noted it is currently a principal member of Mastercard, Visa, and UPI and is pursuing acquiring membership with additional international card schemes.
With the launch of global acquiring, SUNRATE introduced a full-scenario framework that includes API/SDK checkout, Pay-by-Link and QR code payments, subscription and recurring billing, and lightweight smart POS options for offline acceptance. The company positioned the solution for merchants operating across use cases such as cross-border eCommerce, online education, travel and retail, digital entertainment, and software services.
SUNRATE highlighted breadth of payment method support, including six major international card schemes, more than 30 global e-wallets, and more than 50 local payment methods. It also emphasized multi-currency capabilities, including support for more than 80 transaction currencies, more than 10 settlement options, and 20 major FX currencies. SUNRATE said the platform is compatible with web and mobile experiences, SaaS platforms, and open-source commerce systems, and cited integration with Shopify to speed merchant deployment.
The move into acquiring is the latest step in SUNRATE’s strategy to offer an integrated payments stack. The company said it now provides a complete loop across Global Collections, Global Acquiring, International Payments, Commercial Cards, and Treasury Solutions, aiming to reduce cross-border operational complexity and improve fund flow efficiency for global enterprises.
KEY QUOTES
“Looking ahead, SUNRATE will continue to invest in product and service innovation, including the application of AI and other advanced technologies. We will also expand our service boundaries through strategic partnerships or acquisitions, further strengthening our global footprint and long-term capabilities,”
Paul Meng, Co-founder, SUNRATE