Singapore businesses have more payment options than ever, but finding a platform that genuinely understands the local market is a different challenge entirely. HitPay was built in Singapore, for Singapore, and has grown into one of the region's most trusted payment infrastructure providers for independent businesses, SMEs, and growing retail brands.

Whether you are launching an online store, running a brick-and-mortar shop, or managing both, this guide covers everything you need to know about how HitPay Singapore works, what it costs, and why thousands of local merchant partners rely on it to run their payments.

What Is HitPay Singapore?

HitPay Singapore is a local payment technology company that provides integrated payment gateway and POS solutions to businesses across Singapore, Malaysia, and the Philippines. Founded and headquartered in Singapore, HitPay enables merchant partners to accept digital payments across every channel — e-commerce, in-store, invoicing, and recurring billing — through a single account and dashboard.

Unlike global payment processors that treat Singapore as a secondary market, HitPay was purpose-built around the payment methods Singaporeans actually use: PayNow, NETS, GrabPay, and major card networks including Visa and Mastercard. For a broader overview of how HitPay fits into the Southeast Asian payments landscape, see the complete payment gateway guide for Southeast Asia.

Payment Methods Supported by HitPay Singapore

One of HitPay's most significant advantages for local businesses is the depth of its payment method coverage. Merchant partners are not required to integrate multiple providers to serve their full customer base.

HitPay Singapore currently supports:

• PayNow — real-time bank transfers via QR code, the most widely used digital payment method in Singapore

• Credit and debit cards — Visa, Mastercard, and American Express

• Buy Now Pay Later (BNPL) — including Atome and other regional BNPL providers

• Digital wallets — GrabPay and other popular e-wallets

• NETS — for in-person transactions via POS terminal

• Bank transfers — for invoice and subscription payments

This breadth of coverage means HitPay merchant partners can serve customers regardless of their preferred payment method, without managing separate provider relationships or reconciling multiple settlement accounts. Refer to the HitPay Singapore pricing page for the current full list of supported payment methods.

HitPay Singapore Pricing: What Does It Actually Cost?

HitPay Singapore operates on a no-monthly-fee model. Merchant partners pay only when they process a transaction, which makes it particularly well-suited for new businesses, seasonal operations, or any partner who does not want fixed overhead tied to their payment stack.

Transaction fees vary by payment method and are published transparently on the HitPay website. PayNow transactions are processed at competitive rates, reflecting HitPay's commitment to making real-time bank transfer payments accessible and affordable for local businesses.

Note: Pricing is subject to change. Always refer to the HitPay Singapore pricing page for current rates before making commercial decisions.

There are no setup fees, no contracts, and no hidden charges for core platform features. POS hardware is available separately for merchant partners who need in-person payment capabilities.

HitPay Singapore for Online Businesses

For e-commerce and digital-first merchant partners, HitPay Singapore provides a robust set of tools that go well beyond a basic payment link.

Key online payment features include:

• Payment links — shareable links that can be sent via WhatsApp, email, or social media, ideal for social commerce sellers

• E-commerce integrations — native plugins for Shopify, WooCommerce, and other major platforms

• Hosted checkout — a conversion-optimised payment page that requires no custom development

• Recurring billing and subscriptions — for businesses that offer memberships, retainers, or subscription products

• Invoicing — professional invoice generation with built-in online payment collection

This makes HitPay a practical choice not only for traditional online stores but also for service businesses, freelancers, and direct-to-consumer brands operating across social channels.

HitPay Singapore for Retail and In-Person Payments

HitPay's point-of-sale capabilities make it equally capable as a Singapore POS system for retail, F&B, and service businesses operating physical locations.

Merchant partners can use the HitPay POS app on a smartphone or tablet, or pair it with HitPay's card reader and terminal hardware to accept contactless card payments and NETS. The same dashboard used for online orders consolidates in-person sales, giving multi-channel merchant partners a unified view of their business performance.

For pop-up stalls, markets, and mobile businesses, the ability to accept PayNow via QR code through the app, without dedicated hardware, removes a meaningful barrier to getting paid quickly and reliably.

Why Singapore Businesses Choose HitPay

Across Singapore's SME landscape, several consistent factors drive merchant partners toward HitPay:

• Local payment method support — particularly PayNow, which is uniquely central to how Singaporeans transact digitally

• No monthly fees — reducing financial risk for businesses at every stage of growth

• Unified dashboard — online and offline payments managed in one place

• Fast onboarding — merchant partners can be set up and accepting payments within a short timeframe

• Local support — a team based in Singapore with understanding of local business needs and compliance requirements

• Regional expansion — for Singapore businesses looking to grow into Malaysia or the Philippines, HitPay's regional presence provides a natural path forward

Frequently Asked Questions

Q: What is HitPay Singapore and who is it for?

HitPay Singapore is a payment gateway and POS platform built for Singapore-based businesses of all sizes, from solo operators and SMEs to growing retail and e-commerce brands. It supports a wide range of local and international payment methods and is designed to consolidate online and in-person payment acceptance into a single platform.

Q: Does HitPay Singapore support PayNow?

Yes. PayNow is one of HitPay's primary supported payment methods in Singapore. Merchant partners can accept PayNow payments via QR code both online and in-person, with funds settled according to HitPay's standard settlement schedule. PayNow transactions are processed at competitive rates with no monthly fee requirement.

Q: How much does HitPay Singapore cost?

HitPay Singapore charges no monthly subscription fees. Merchant partners pay per transaction, with rates that vary by payment method. Full pricing details are available on the HitPay Singapore pricing page and are subject to change. There are no setup fees or long-term contracts for the core payment platform.

Q: Can I use HitPay Singapore for both online and in-store payments?

Yes. HitPay is designed as a unified payment platform, meaning the same account and dashboard supports e-commerce integrations, payment links, invoicing, and in-person POS transactions. This makes it particularly useful for multi-channel merchant partners who need consolidated reporting and reconciliation.

Q: How does HitPay Singapore compare to other payment gateways?

HitPay Singapore differentiates itself through its local market focus, particularly its native support for PayNow and other Singapore-specific payment methods, its no-monthly-fee pricing structure, and its coverage of both online and POS payments in a single platform. For a detailed comparison, see the payment gateway guide for Southeast Asia.

Q: Is HitPay Singapore suitable for small businesses and startups?

HitPay is well-suited to small businesses and startups because of its zero monthly fee model and low barrier to entry. Merchant partners do not need to commit to a contract or minimum volume to access the full range of payment features, making it a practical choice for businesses in their early stages as well as established operations.

Getting Started with HitPay Singapore

Setting up a HitPay account takes minutes. Merchant partners can register online, complete verification, and begin accepting payments — including PayNow, cards, and digital wallets — without hardware, upfront costs, or long onboarding processes.

For Singapore businesses looking for a payment platform built with local needs at its core, HitPay offers the payment method coverage, pricing transparency, and operational simplicity to support sustainable growth, whether you are just starting out or scaling an established brand.

Create your free HitPay Singapore account today →