Payment Gateway Integration Options in Singapore

~ 8 min read | August 11

Payment Gateways in Singapore

Update: We’ve come up with an interactive and comprehensive tool to compare and evaluate the payment gateway providers in Singapore.

eCommerce is steadily growing in Asia and China, India, Singapore and Indonesia are some of the leading countries in this front. When it comes to accepting payments online, businesses in Asia are working with both local and international payment gateway providers. Realizing the potential of the expanding market in Singapore, a number of payment gateways allow businesses in the country to receive credit card payments online. In this article, we explore the payment gateway options available for startups and eCommerce businesses in Singapore.

Payment Gateway Options in Singapore

Singapore startups and e-commerce businesses like Amber AvenueTask AmigoHungry Go Where and others choose to work with international payment processors like PayPal although they serve the local market. However, more established companies choose to work with Asian payment gateways that offer local support and currency tracking.

Below are the major payment gateways that allow Singapore merchants to accept credit cards online.


Stripe is slowly, but steadily entering the Asian market. It is currently in Private Beta in Singapore. Known for its robust API, it’s a great developer-friendly solution. Stripe is a payment gateway with a bundled merchant account and bypasses the traditional sign up process.You can start accepting payments instantly. Here are some noteworthy features:

  • 3.4% + $0.50per successful charge.
  • No set-up or monthly fees. Here’s more on the pricing.
  • Supports Data Portability
  • Stripe.js – Stripe’s PCI compliant payment pop-up form.
  • Stripe is a PCI Level 1 Service provider.

If you’re looking for a billing solution to power your subscriptions on top of Stripe, we can help. Here’s how.


Ecommerce And SaaS in Asia could very well get a boost soon as payment processor Braintree has just launched in Singapore entered the Singapore market and is expected to make it easy for SaaS and Subscription Commerce businesses based out of Singapore.

The main features of the payment gateway include:

  • International gateway available and acclaimed in over 40 countries
  • Flat fee starting at 3.40% + 2.00 MYR per transaction, check more on Braintree’s pricing at its website
  • No monthly fees or minimums
  • Braintree is a Level 1 DSS PCI Compliance provider
  • Supports Data Portability
  • Customer friendly
  • A PayPal owned company

With Braintree’s reputation worldwide, it will definitely make an impact in the Singapore market.

If you’re looking for a billing solution to power your subscriptions on top of Braintree, we can help. Here’s how.

Collect, Manage, and Maximize Recurring Payments


Australian e-commerce merchant, eWAY, has expanded its global business into Singapore. Since launching, the company has claimed to haveprocessed more than 110 million transactions worth $15 billion for more than 16,000 active businesses both large and small.

The main features of the payment gateway include:

  • Flat fee starting at 3.9% + 40c
  • No Setup fees
  • Merchant Account included
  • Speedy setup in 4 days or less
  • eWAY is tier-one PCI DSS compliant

WorldPay Singapore

WorldPay is an international payment gateway that offers a range of online payment services including a merchant account, credit and debit card processing and risk management. The company has its Asian offices in Singapore and offers a range of payment solutions for small, medium-sized and corporate businesses.

The payment gateway allows merchants to accept payment online through credit cards, phone and mail orders. The company has a Business Gateway package that allows small businesses to set up subscription payments, accept PayPal and other forms of payments, and accept multiple currencies.

Fees for the service start at £19.95 per month with 350 free transactions. Merchants must have an internet merchant account to apply for Business Gateway. World Pay offers fraud protection for all its merchants.

Visit this page for more details on payment gateways supported in your country.

Below are a list of other prominent payment gateways present in Singapore:


PaymentExpress is a payment gateway by DPS that enables businesses to accept credit card payments online. The gateway has partnered with Merchant Solutions, Diners Club and American Express to provide its services. Singapore businesses that wish to sell online have to sign up with any of the partners for them to accept Visa and MasterCard payments through their websites.

The payment gateways started operating in Singapore in 2012 and as yet does not offer more payment solution features as merchants may require. For example, merchants cannot transfer funds to most local banks.

For requirements on opening a Singapore merchant account, check the PaymentExpress website.

Payflow Pro

PayFlow Payment Gateway is a service provided by PayPal. PayPal is one of the leaders in payment service and is a trusted partner by many companies. Although there are horror stories around PayPal, it is worth to have a look as they are still the leaders in the payment space. The biggest problem with PayPal is they don’t support Credit Card Portability.

Some of the benefits include:

  • No Set-up or Monthly fees.
  • Works with any merchant account, processors and shopping carts
  • PCI Compliant
  • Bill Me Later facility at no extra cost.

MasterCard Internet Gateway Service (MiGS)

MiGS is a turnkey integrated service provided by MasterCard. Although it is not a native service from Singapore, many merchants use the service to receive online payments.

We talked about MiGS in our last blog post, Payment Gateway Integration options for startups in Malaysia.


eNets is a payment gateway based in Singapore that specifically targets the Asian market. The payment gateway offers a range of online payment services including debit and credit card processing. The company also enables consumers to purchase items online through its range of NETS cards.

With eNets, merchants enjoy the following services:

  • Accept all the major credit cards online
  • Loyalty solutions for business
  • Integrated terminal solution that supports multiple payment options
  • Gift cards and prepaid cards to build brand awareness
  • Cashback services
  • Fraud protections and high level transactions security

eNets offers a robust reporting system for merchants with daily transaction updates and historical sales records.

Asia Pay

Asia Pay is one of the largest online payment processors in Asia. The company is a one-stop electronic payment service provider for businesses in Singapore, Thailand, China, India, Vietnam, Philippines, Taiwan and Hong Kong & Macau.

Asia Pay offers a number of online payment solutions including mobile payments, evouchers, recurring payments, virtual terminals (MOTO), pre-payment, game payment, retail payment, batch processing and others.

With the payment gateways, merchants can accept all the major credit cards and non-credit card payments including PayPal, 99Bill, AliPay, China UnionPay, Tenpay and PPS. The setup process of the payment gateway takes about 2 – 3 weeks.

Check here for all features of Asia Pay.


Global Trading Pay (GTPay) is a Singapore-based ecommerce payment solution provider that mainly serves merchants in Singapore and China. Merchants can accept major credit cards like MasterCard, Visa, AMEX and JCB as well as payments from AliPay and Union Pay.

Some of the features of GTPay online payments include:

  • Free signup for both merchants and customers and no set up fees
  • Supports recurring billing
  • Withdraw funds to bank, cheque or telegraphic transfers
  • Payments transfers to local banks
  • No fees for sending or receiving payments for GTPay members
  • Transaction fees range from 0.5%-2.5% depending on the source of funds
  • Lower transaction rates for businesses that process over USD10,000 per month
  • Accept payments in USD, SGD or CNY

GTPay is a payment processor and merchants do not need a merchant bank account to receive payments. Moreover, its fees are comparably cheaper than those of other payment gateways serving Singapore merchants.

Merchant Solutions

Merchant Solutions offers a convenient and secure e-commerce solution. Businesses can integrate the online payment gateway on their websites to accept credit card payments. No extra software is required to start selling online with Merchant Solutions.

Some of the features of Merchant Solutions include:

  • Ability to customize their payment pages
  • Fraud protection tools and comprehensive risk management
  • Accept all major credit and debit cards
  • Easy integration with the most accounting software, order management and ecommerce systems
  • Offers Visa and MasterCard secure seals at no additional costs
  • Transfer funds to Singapore Standard Chartered Bank

Merchant Solution is an initiative by Standard Chartered Bank and First Data to enable merchants in Singapore accept online payments.

DBS Merchant Payment Services

DBS is one of the largest banks in Singapore and has merchant payment services for internet businesses. The bank works with reputable gateways to offer online payments, mail order telephone order (MOTO) and batch processing services.

The features of the merchant payment services include:

  • Accept multiple credit cards and currencies
  • Funds are settled in local currency
  • Real time processing and validation of transactions
  • Transaction reports
  • Partnership with a certified payment service provider

DBS offers custom rates to fit the requirements of various businesses.

Wirecard AG

Wirecard AG is a service offered by Telemoney Electronic Payments. The company offers a range of payment solutions including mobile, POS, and online payments. Businesses can accept credit cards and set up recurring payments with Wirecard AG.

Some of the features of the payment solution include:

  • Accept payment from all major credit cards
  • Transfer funds to Singapore banks
  • Accept payment from most Asian payment gateways including Union Pay
  • Perfect for ecommerce, mobile commerce, bill payments, remittance, taxi payments, toll payments, etc.
  • Fraud protection, 3D secure encryption and PCI compliant

Wirecard Group operates in Singapore and Indonesia.

Which payment gateway are you using at your website or ecommerce store? Why do you prefer it over other gateways? Post your comments below.

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John Solomon

Marketing Leader / Sales Enabler. Head of India Operations for @Infrascale / @sosonlinebackup.