Top Payment Gateways in Singapore
1.
Stripe
2.
PayPal
3.
Eway
4.
HitPay
5.
Adyen
Selling online in Singapore? Choosing a payment gateway isn’t just about accepting Visa or Mastercard®. It’s about offering payment methods your customers already trust — all while keeping fees low and integration smooth.
Customers today expect fast, secure checkout experiences with familiar payment options. But for business owners, the challenge is finding a cost-effective solution that offers transparent pricing, works with tools like Shopify or WooCommerce, and complies with local regulations. All of this without hidden fees or complicated APIs.
This guide compares the best payment gateways in Singapore for 2025, helping you assess pricing, features, supported payment methods, and the types of businesses each provider suits best. Whether you’re switching providers or just starting out, you’ll find everything you need to choose the right fit for your business.
What Is a Payment Gateway?
A payment gateway is a service that authorises and processes customer payments. This includes credit cards, debit cards, mobile wallets, and bank transfers, and ensures the funds are securely transferred to your business account.
When a customer checks out online, the gateway verifies their payment details, confirms there are sufficient funds, and completes the transaction if approved. It also encrypts sensitive data to protect both the business and the buyer.
In Singapore, customers commonly use debit or credit cards for online purchases, but mobile wallets are becoming more popular. Options like GrabPay, FavePay, and DBS PayLah are frequently used at checkout, and PayNow bank transfers are also a familiar choice for many. If your gateway doesn’t support these, you may risk losing conversions or adding friction to the payment experience.
Tip: Still unsure how payment gateways actually work? Watch our 2-minute explainer video for a quick breakdown.
Top Payment Gateways for Singapore Compared
| Provider | Supported Local Methods | Key Fees | Best For |
|---|---|---|---|
| Stripe | PayNow, GrabPay |
• Domestic cards: 3.4% + SGD 0.50 • PayNow: 1.3% • GrabPay: 3.3% • FX: +2% |
Businesses targeting global customers with developer-friendly tools |
| PayPal | None |
• Domestic: from 3.9% + SGD 0.50 • International: from 4.4% + FX • FX: 3%–4% • Chargebacks: USD 10–20 |
Businesses needing no-code payment setup and international reach |
| Eway | None | • Quote-based (custom pricing only) | Companies that want fully custom billing and checkout solutions |
| HitPay | PayNow (QR), GrabPay, ShopeePay, Buy Now Pay Later (Atome, ShopBack), Crypto |
• Domestic cards: 2.8% + SGD 0.50 • PayNow (online): 0.65%–0.9% • GrabPay: 3%–5.5% • Crypto: 2% |
SMEs looking for local-first payment options and alternative methods like BNPL and crypto |
| Adyen | PayNow, GrabPay, Wallets (Apple/Google/Samsung Pay), Buy Now Pay Later (Atome) |
• PayNow: €0.11 + 1.3% • Visa/Mastercard®: €0.11 + Interchange++ + 0.6% • Atome: €0.11 + 5% |
Large businesses needing enterprise-grade payment control and global scale |
Fees shown apply to online transactions for Singapore-based merchants and may vary by payment type and volume.
Disclaimer: All information is accurate as of July 2025 but may have changed since. For the latest details and promotions, please visit the provider’s website directly.
1
Stripe
|
Most suitable for: Ecommerce and SaaS businesses that want to scale with reliable local payments, recurring billing, and global reach. |
Stripe offers flexible payment tools for businesses that need both local and international capabilities. In Singapore, it supports SGD settlement, MAS licensing, and local methods like PayNow and GrabPay.
Whether you're building a custom checkout or launching with Shopify or WooCommerce, Stripe gives you control over how you accept and manage payments.
Stripe Top Features
SGD settlement with local acquiring
Avoid FX fees and improve approval rates for domestic transactions.
Multi-currency support
Accept payments in more than 135 currencies with auto-conversion and local settlement.
Built-in PayNow and GrabPay support
Offer trusted local payment options with minimal setup.
Flexible checkout tools
Use Stripe Checkout, Elements, or Payment Links. No code is needed if you want a quick launch.
Recurring billing and invoicing
Automate subscriptions, free trials, and reminders using Stripe Billing.
Seamless platform integrations
Works with Shopify, WooCommerce, Xero, and most SaaS platforms.
MAS-licensed and secure
Regulated under Singapore’s Payment Services Act, with built-in fraud detection.
Tip: Learn how to connect Stripe to your website.
Stripe Accepted Payment Methods
- Cards: Visa, Mastercard®, American Express, UnionPay
- Digital wallets: Apple Pay, Google Pay, GrabPay, Alipay, WeChat Pay
- Bank Transfers: PayNow Singapore
- Buy Now, Pay Later: Klarna, Atome (via external setup)
- Global payment methods: OXXO, Konbini, Boleto, FPX, ACH, SEPA, and more
Stripe Key Usage Fees
| Fee Type | Cost |
|---|---|
| Domestic cards | 3.4% + SGD 0.50 |
| International cards | Additional 0.5% |
| Currency conversion | Additional 2% FX fee |
| PayNow | 1.3% |
| GrabPay | 3.3% |
| Alipay / WeChat Pay | 2.2% + SGD 0.35 |
| Stripe Terminal | 3.4% + SGD 0.50 (Add SGD 0.15 for Tap to Pay) |
Optional Tools and Add-On
View Stripe’s full pricing for more details or enterprise plan options.
Stripe Pros and Cons
- Built-in support for PayNow, GrabPay, and major wallets
- Works well with Shopify, WooCommerce, Xero, and SaaS platforms
- Wide global reach with strong developer tools
- Higher fees than some local-first providers
- Developer setup needed for some features (e.g., Shopify, WooCommerce)
- Pricing can be complex due to add-ons and optional tools
Our Verdict on StripeStripe is a reliable option for Singapore businesses that want to grow online, but they are not the cheapest. What they offer the most is flexibility — especially if you’re planning to scale across borders or offer subscriptions. It’s ideal for startups that want full control with minimal limitations. |
2
PayPal
|
Most suitable for: Ecommerce sellers and SMEs that want fast setup, strong buyer trust, and international reach, especially those selling on marketplaces or offering services. |
PayPal is one of the most widely recognised payment gateways worldwide. In Singapore, it offers a quick setup, MAS licensing, and support for SGD withdrawals. You can also connect it to platforms like Shopify, WooCommerce, and Wix without needing developer help.
It’s a great option if you want no-code tools like payment links, QR codes, or PayPal.Me to send and receive payments easily. However, it’s not built for local optimisation. There’s no support for PayNow or GrabPay, and fees for currency conversion and disputes can add up for high-volume sellers.
PayPal Top Features
MAS-licensed with SGD withdrawals
Free for transfers of SGD 200 or more to local bank accounts.
Global payment coverage
Accept PayPal, Visa, Mastercard®, UnionPay, and Apple Pay, even from users without a PayPal account.
Easy no-code tools
Use payment links, PayPal.Me pages, and QR codes without any coding.
Ecommerce-ready
Comes with pre-built integrations for Shopify, WooCommerce, Wix, and more.
Dispute resolution tools
Track and manage chargebacks through the Resolution Centre.
PayPal Accepted Payment Methods
- Cards: Visa, Mastercard®, American Express, UnionPay
- Digital wallets: PayPal, Apple Pay
- No-code options: Payment links, PayPal.Me, QR codes
- Recurring payments: Subscription billing and invoice templates
PayPal Key Usage Fees
| Fee Type | Cost |
|---|---|
| Domestic payments | From 3.9% + SGD 0.50 |
| International payments | From 4.4% + SGD 0.50 + FX conversion |
| Currency conversion | 3%–4% above base FX rate |
| Micropayments (under SGD 5) | 5%–6.5% + reduced fixed fee |
| PayPal.Me, QR, Payment Links | Same as domestic or international rates |
| Chargebacks (non-PayPal) | USD 10–20 per dispute |
| Dispute fees | USD 8–16, based on volume |
| Withdrawals to local banks | Free for SGD 200 or more |
Visit PayPal’s pricing page for a full overview of rates and terms.
Tip: PayPal’s FX fees and dispute charges can affect profit margins. Review where your customers are based and how they pay before using it as your main gateway.
PayPal Pros and Cons
- Strong brand trust that improves buyer confidence
- No-code tools for sending and receiving payments
- Works well with major ecommerce platforms
- Easy to connect with platforms like Shopify and Wix, but lacks support for local payment methods like PayNow and GrabPay
- FX and transaction fees are higher than local gateways
- Dispute and chargeback fees can reduce margins
- FX rates are not always transparent at checkout
Our Verdict on PayPalPayPal is a strong secondary option for sellers targeting global customers or selling on platforms like Etsy, Wix, or Shopify. While it offers strong brand trust and no-code tools, the lack of local payment support and higher FX fees mean it’s best paired with a local-first provider like Stripe or HitPay. |
3
Eway
|
Most suitable for: SMEs and developers focused on card-based payments, recurring billing, and custom checkout flows, especially for B2B or subscription services. |
Eway Top Features
Full card support
Accept Visa, Mastercard®, American Express, JCB, Diners, and Discover for one-time and recurring payments.
Recurring billing with card storage
Automate subscriptions and securely store customer card details.
Developer-friendly checkout options
Choose from APIs, hosted payment forms, or redirect-based flows.
Fast settlement
Receive payouts in SGD or other currencies within 1 to 3 business days.
Regional support
24/7 customer service plus developer docs, plugins, and onboarding assistance.
Eway Accepted Payment Methods
- Cards: Visa, Mastercard®, American Express, JCB, Diners, Discover
- Recurring payments: Saved cards, subscription billing
- No-code options: Payment links, mobile checkout
- Remote payments: Phone and email orders
Eway Key Usage Fees
| Fee Type | Cost |
|---|---|
| Setup Fee / Monthly Fee | None |
| Transaction Fees | Quote-based (contact sales) |
Note: Eway uses a custom pricing model. Contact their sales team for a tailored quote based on your business needs.
Eway Pros and Cons
- Flexible API tools for checkout customisation
- Built-in support for recurring billing and tokenised card storage
- 24/7 regional support with real agents and developer resources
- Backed by Global Payments for acquiring and multi-currency settlement
- No support for PayNow, GrabPay, or local wallets
- Pricing is not transparent and requires a custom quote
- Each settlement currency requires a separate merchant account
- Onboarding may take longer due to merchant account approval
Our Verdict on PayPal
Eway is a solid choice for Singapore SMEs that rely on card payments and want control over recurring billing and B2B transactions. It’s ideal if you need developer flexibility and regional support. |
4
HitPay
|
Most suitable for: Small businesses, startups, and hybrid merchants in Singapore looking for local-first features, low fixed costs, and strong payment flexibility. |
HitPay is a MAS-licensed payment gateway built for SMEs in Singapore and the wider region. It supports online, in-person, and cross-border payments on one platform, with no setup fees or monthly fees.
With options like PayNow, GrabPay, BNPL, and crypto, HitPay gives you the flexibility to accept local and international payments. It also works with Shopify, WooCommerce, and other ecommerce platforms, making it a good fit for businesses that want fast setup and room to grow.
HitPay Top Features
MAS-licensed and locally trusted
Regulated under the Payment Services Act as a Major Payment Institution.
Omnichannel support
Accept online, in-person, and link-based payments with cards, PayNow, wallets, and crypto.
Built-in POS and business tools
Use invoicing, store builder, and POS without monthly fees.
Flexible checkout options
Choose hosted checkout, payment links, or ecommerce plugins.
Developer-ready
Offers REST APIs and SDKs, plus integrations with Shopify, Wix, and more.
Fast settlement
Receive PayNow funds by the next day, and card payments by the next working day.
HitPay Accepted Payment Methods
- Cards: Visa, Mastercard®, American Express, JCB, Diners
- Bank Transfers: PayNow (QR), UPI
- Digital wallets: GrabPay, ShopeePay, ShopBack PayLater
- Buy Now, Pay Later: Atome, ShopBack, Grab PayLater
- Alternative methods: Crypto, International QR (QRPH – Philippines, QRIS – Indonesia)
HitPay Key Usage Fees
| Fee Type | Cost |
|---|---|
| Domestic cards | 2.8% + SGD 0.50 |
| International cards | 3.65% + SGD 0.50 + 2% FX surcharge |
| PayNow (online) |
0.65% + SGD 0.30 (≥ SGD 100) 0.9% (min. SGD 0.20 for < SGD 100) |
| GrabPay / BNPL (online) | 3% – 5.5% |
| In-person PayNow QR | 0.4% (min. SGD 0.10) |
| In-person domestic cards | 2.3% – 2.5% (min. SGD 0.20) |
| Crypto payments | 2% |
| Plugin integration (e.g. Shopify, Wix) | 0.2% – 0.5% per transaction |
| POS, invoicing, store builder tools | 0.2% per tool per transaction |
For full details, visit HitPay’s official pricing page.
HitPay Pros and Cons
- Supports PayNow, BNPL, crypto, and regional QR standards (QRPH, QRIS)
- Includes POS, invoicing, and store tools with no monthly fees
- Works with both no-code plugins and custom API setups
- Transaction fees vary by method and tool
- Higher charges for wallets, BNPL, and crypto payments
- Card payouts depend on external processors like Stripe or Adyen
Our Verdict on HitPayHitPay is built for Singapore SMEs. If you want strong local method support, low startup costs, and tools like invoicing and POS without a long-term contract, HitPay delivers great flexibility. It’s ideal for ecommerce sellers, F&B outlets, and hybrid businesses looking to grow without complexity. |
5
Adyen
|
Most suitable for: Fast-growing businesses with a tech team that need advanced tools, local acquiring, and global payment coverage for long-term scaling. |
Adyen is a global payment platform used by brands like Uber, Spotify, and McDonald’s. It combines gateway, processing, and acquiring services in one system. In Singapore, Adyen is MAS-licensed and supports local acquiring for cards and PayNow. This helps improve approval rates and reduces FX costs for domestic payments.
Adyen also supports online, in-person, and recurring payments. With built-in fraud tools and real-time reporting, it’s a strong choice for fast-growing businesses or those expanding across markets.
Adyen Top Features
Local acquiring for SGD payments
Accept card and PayNow payments in Singapore with faster settlements and higher approval rates.
All-in-one platform
Handle online, in-person, and subscription payments in one system, with synced dashboards and real-time reporting.
Flexible checkout options
Choose from Drop-in checkout, semi-custom Components, or full API integration depending on your setup.
Built-in fraud protection
Tools like 3D Secure, AI risk detection, and delegated authentication are built in.
Subscription-friendly
Supports recurring billing with saved cards, retry logic, and tokenisation.
Adyen Accepted Payment Methods
- Cards: Visa, Mastercard®, American Express, JCB, UnionPay, Discover, Diners
- Bank Transfers: PayNow
- Digital wallets: Apple Pay, Google Pay, Samsung Pay, GrabPay, Alipay, WeChat Pay
- Buy Now, Pay Later: Atome
- Other methods: PayPal, iDEAL, Affirm (on request or via global setup)
All methods can be activated through a single integration. Availability may vary depending on your business type and region.
Adyen Key Usage Fees
| Payment Method | Processing Fee | Method Fee |
|---|---|---|
| Visa / Mastercard® | €0.11 | Interchange++ plus 0.60%* |
| American Express | €0.11 | 3.95% |
| UnionPay | €0.11 | 3.00% |
| PayNow | €0.11 | 1.30% |
| Wallets (Apple, Google) | €0.11 | Follows card network pricing |
| Atome | €0.11 | 5.00% |
| Alipay / Alipay+ | €0.11 | 3.00% |
*Interchange++ is a pricing model where card network fees are passed through with a small markup.
Learn more about fees and optional charges on Adyen’s pricing page.
Adyen Pros and Cons
- Local acquiring for both cards and PayNow in Singapore
- Single integration to access over 100 global payment methods
- Used by enterprise brands like Uber and Spotify
- Advanced fraud tools included (AI detection, delegated authentication, 3D Secure)
- Setup may require developer support
- Interchange++ pricing is harder to estimate than flat rates
- Minimum monthly invoice may apply for some businesses
Our Verdict on AdyenAdyen is a great fit if you're scaling fast, have a tech team, and want full control over payments. With PayNow, global e-wallets, and advanced fraud and billing tools, it's built for growth. But for early-stage SMEs, it may be overkill, simpler platforms may be a better starting point. |
What to Look For in a Payment Gateway
Choosing the right payment gateway affects everything from how fast you get paid to how likely a customer is to complete their checkout.
Here's what we evaluated when selecting the top five, and what to prioritise when picking one for your Singapore business.
Security Measures
Handling customer payments means taking security seriously. A breach can lead to lost revenue, legal exposure, and brand damage.
Look for these key security features:
- Encryption: Protects sensitive information like card numbers during transfer.
- Authentication tools: PINs, passwords, and biometrics help verify users.
- Fraud prevention systems: Real-time alerts and risk scoring flag suspicious activity.
- PCI DSS compliance: Ensures the provider meets international security standards.
- 2FA for merchants: Prevents unauthorised access to your admin dashboard.
Tip: To learn more, explore this list of the best security services to protect your ecommerce website.
Ease of Use
A complicated checkout process is one of the top reasons shoppers abandon their carts, which leads to lost revenue.
When assessing a payment gateway, prioritise solutions offering these:
- Simple checkout flow: Fewer steps reduce friction and improve conversion rates
- User-friendly dashboard: You should be able to manage transactions, issue refunds, and access reports without technical training
Integration Capabilities
Your payment system should work easily with the platforms and tools you already use, such as Shopify, WooCommerce, or a custom setup.
Strong integration support includes:
- APIs and SDKs for custom development
- Plugin support for fast, no-code deployment
- Clear documentation to guide your team
- Responsive technical help when issues arise
Customer Support
When something goes wrong, whether it’s a failed payment or refund issue, you need fast and effective support.
Look for providers that offer:
- Multiple support channels such as email, phone, and live chat
- Clear support hours or response guarantees
- Local or regional support for Singapore-based businesses
Transaction Fees
Payment gateway fees can add up quickly, especially if you process many small transactions.
Pay attention to the following costs:
- Transparent pricing: Avoid vague or complicated fee structures
- Competitive transaction rates: These are recurring costs, so they directly affect your profit margins
- Additional charges: Look out for fees on chargebacks, refunds, or currency conversion
Note: If you're processing large volumes, ask providers if they offer volume discounts. Many do, even if they don't advertise it.
Final Notes
The right payment gateway does more than process transactions. It shapes the customer experience, influences your margins, and supports your long-term growth. Whether you're running an online store, building a SaaS product, or managing a hybrid business in Singapore, your gateway choice should match how you operate now and where you’re heading next.
As payment trends evolve, so will your needs. Stay curious, review your tools regularly, and don’t hesitate to test new options that better serve your customers or reduce your costs. The best setup is not static. It adapts as your business does.
FAQs
What is the best payment gateway in Singapore?
It depends on your business model. - Stripe is best for ecommerce or SaaS businesses scaling globally - HitPay offers strong local features like PayNow, low-cost tools, and no monthly fees, making it great for SMEs and F&B - PayPal is strong for international sales and marketplace sellers, but lacks local optimisation - Adyen suits fast-growing tech-led companies - Eway is ideal for B2B or card-based subscriptions needing custom checkout
