Hipay
Hipay is a subsidiary of the Mongolian Fintech Group, established in 2019, and is now the second-largest wallet in Mongolia with over 800,000 users to date. Hipay provides Mongolian users with a variety of payment services, including more than 8,000 merchants and over 100 e-commerce websites.
Properties
The following table lists the product properties supported by Hipay:
Payment type | Digital wallet | ||
Funding source | Wallet balance, Bank cards, Easybuy online loan service | ||
Acquirer | AntomSG, AntomEU, AntomUK, AntomUS, AntomHK | Merchant entity location | SG, EEA, UK, US, HK |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | Mongolia | Partial refund | ✔️ |
Processing currency | MNT | Chargeback/Dispute | ❌ |
Minimum payment amount | 100 MNT | Refund period | 365 days |
Maximum payment amount | No limit per day for KYC verified users | Time to return payment result | Real-time |
User experience
Note: The following payment flows on different terminals are reference only, and represent this payment method's flow on different terminal types. For supported merchants' terminal types, consult Antom Technical Support.
The following figures show the journey of paying with Hipay:
- The buyer selects Hipay to pay.
- The buyer is redirected to the Antom page, where the buyer can choose to log in to proceed with the payment.
- The buyer logs in with the phone number and password registered with Hipay.
- The buyer checks the payment details and completes mandatory authentication.
- The buyer completes the payment and receives a transaction notification.
- The buyer is redirected back to the merchant result page.
Supported online payment integrations
Antom offers a range of integration options tailored to each payment method. Each payment method may support different online payment integration options, allowing for flexibility based on your business requirements. The table below provides detailed information about the specific integrations available for each payment method: