Online
Cross - Border
See Their Success Stories
Discover how businesses are growing with HitPay, through real stories, results, and experiences from our merchants.
See How Merchants Use HitPay
Developer Resources
Explore our comprehensive developer resources designed to enhance your experience. From detailed API documentation to interactive tutorials.
Payment methods in Singapore: what to accept and what they cost
Author:
Steph T.
Last Updated:
Singapore has one of the most sophisticated payment landscapes in Southeast Asia. Consumers move fluidly between PayNow, contactless cards, digital wallets, and buy-now-pay-later — often switching method by channel and context. Getting the mix right is not just a convenience issue; it directly af…
Quick Answer: The most-used payment methods in Singapore are PayNow, credit and debit cards, and e-wallets such as GrabPay, plus BNPL. With HitPay you can accept them online and in store on one account. PayNow is 0.65% + S$0.30 from S$100, or 0.9% (min S$0.20) below S$100, and domestic cards are 2.8% + S$0.50, with no setup or monthly fees.
Most Singapore customers pay with PayNow, cards (including Apple Pay and Google Pay) or GrabPay, so those are the methods to accept first. Here is what each one is for and what it costs on HitPay's published rates, so you can decide what to switch on.
Singapore payment methods compared: fees and best use
Method | Best for | HitPay fee (online) |
|---|---|---|
PayNow | Most local orders; lowest cost | 0.65% + S$0.30 (S$100 and above); 0.9%, min S$0.20 (below S$100) |
Domestic cards (Visa, Mastercard, Amex) | Customers who want card rewards | 2.8% + S$0.50 |
International cards | Overseas buyers and tourists | 3.65% + S$0.50; +2% on foreign-currency transactions |
Apple Pay / Google Pay | Fast mobile checkout | |
GrabPay | Grab users, younger shoppers | 3% |
Paylater by Grab | Higher-value orders paid in instalments | 5.5% |
ShopeePay, Atome | Shopee users; BNPL shoppers | |
WeChat Pay | Visitors from China | 1.5% |
UPI | Visitors and residents from India | 2% |
GIRO | Recurring collections | S$2.25 + 0.65% |
Method | Online | In person (Tap to Pay / terminal) |
|---|---|---|
PayNow | 0.9% (min S$0.20) below S$100; 0.65% + S$0.30 from S$100 | 0.4% (min S$0.10) |
Domestic cards | 2.8% + S$0.50 | 2.5% + S$0.50 |
International cards | 3.65% + S$0.50 (+2% on foreign-currency transactions) | 3.2% + S$0.50 |
GrabPay | 3% | 2.2% |
ShopeePay | 3% | 1.8% |
Atome | 5.5% | 5.5% |
WeChat Pay | 1.5% | 1.5% |
Fees checked 12 Oct 2026, source: hitpayapp.com/sg/pricing. No setup or monthly fee.
Cost of a S$20 / S$100 / S$200 sale by method
Method | S$20 sale | S$100 sale | S$200 sale |
|---|---|---|---|
PayNow (online) | S$0.20 | S$0.95 | S$1.60 |
Domestic card (online) | S$1.06 | S$3.30 | S$6.10 |
GrabPay (online) | S$0.60 | S$3.00 | S$6.00 |
Published HitPay list rates from hitpayapp.com/sg/pricing, checked 8 Oct 2026. No setup or monthly fee.
PayNow and SGQR
PayNow is Singapore's real-time bank transfer. Customers scan a QR in their banking app, and the money arrives in real time.
What is SGQR?
SGQR is Singapore's unified QR label. One code works across many payment apps, including PayNow. The Singapore Quick Response code (SGQR) was launched in 2018 to make accepting in-person QR code payments easier. Display one code at your counter, and customers scan it with the payment app they already use.
PayNow fees on HitPay
Online 0.65% + S$0.30 (S$100 and above); 0.9%, min S$0.20 (below S$100); in person 0.4%, min S$0.10.
Accept PayNow → · Static QR for your counter →
Cards, Apple Pay and Google Pay
Cards are still expected at checkout, especially for higher-value orders and overseas buyers. Domestic cards online cost 2.8% + S$0.50. International cards cost 3.65% + S$0.50, plus 2% on foreign-currency transactions.
American Express is accepted by HitPay at the same card rates, and is relevant for premium retail, corporate accounts, and travel businesses.
Cards also underpin Apple Pay and Google Pay: when a customer taps their phone at a terminal, the payment runs on the underlying card credential — so your card acceptance automatically covers these wallet methods.
Apple Pay and Google Pay are contactless wallet methods that use device-stored card credentials. They are accepted wherever your card terminals support NFC contactless payment — no separate integration required. For online checkout, both are supported via HitPay's hosted payment page. These methods are particularly valued for their speed at the point of sale: no PIN entry required for many transactions.
3D Secure (3DS) authentication is built into HitPay's card processing. This adds a layer of fraud protection and shifts liability for fraudulent transactions to the card issuer, protecting merchants from a significant category of chargeback. Accept cards with 3D Secure on the HitPay payment gateway →
Digital wallets: GrabPay, ShopeePay, WeChat Pay
Digital wallets are a distinct payment category in Singapore, sitting between bank transfers and traditional cards. They are app-based, quick to use, and often tied to loyalty rewards — which drives strong repeat usage.
GrabPay is Singapore's dominant super-app wallet, used by Grab's large regional user base. Customers load funds or link a card to their GrabPay account. For merchants, GrabPay acceptance opens the door to Grab's rewards-driven ecosystem, where users are often motivated to pay via Grab to earn GrabRewards points. HitPay charges 3% for GrabPay.
ShopeePay is Shopee's integrated payment wallet, heavily used by the Shopee shopping platform's user base. As with GrabPay, customers earn loyalty points for paying via ShopeePay. For HitPay's ShopeePay rate, see /sg/pricing.
WeChat Pay is the cross-border wallet most Chinese visitors use. HitPay charges 1.5% for WeChat Pay.
Accept GrabPay, ShopeePay, Apple Pay and Google Pay at checkout: see the HitPay payment gateway →
Buy now, pay later in Singapore
Atome, Paylater by Grab and ShopeePay Later let customers split payments, and you're paid upfront. Paylater by Grab is 5.5% on HitPay. Atome and ShopeePay Later: see /sg/pricing.
Offer buy now, pay later with HitPay →
Payment methods for tourists and overseas buyers
Online: international cards (3.65% + S$0.50; +2% on foreign-currency transactions).
In store: HitPay's Borderless QR lets visitors pay with wallets from home, such as WeChat Pay, UPI, DuitNow, PromptPay, QR Ph and GCash.
See HitPay cross-border payments →
Which payment method for which business
Business | What to accept |
|---|---|
Online store | PayNow + cards + GrabPay (+ BNPL if AOV is high) |
Café / retail counter | static PayNow QR + Tap to Pay + cards |
Services / invoices | PayNow + cards via payment links |
Tourist-heavy | add WeChat Pay, UPI, Borderless QR |
How to start accepting them
E-commerce plugins
Merchants on Shopify, WooCommerce or Wix can install a HitPay plugin and switch on payment methods. No custom code is required.
Payment links
For businesses without a dedicated website, payment links are the most practical entry point. Send one by WhatsApp, email or SMS, and the customer clicks and pays.
QR codes
A static QR code at the counter lets customers pay with PayNow without cash or a card machine.
API
Businesses building a custom storefront or marketplace can integrate through the HitPay payment API. It gives the most control over checkout but needs development resource.
Related HitPay resources for Singapore businesses
Frequently Asked Questions
What are the most popular payment methods in Singapore?
For most Singapore businesses the core set is PayNow, Visa and Mastercard cards, Apple Pay and Google Pay, and GrabPay. Many also add buy now, pay later options such as Atome or Paylater by Grab, and WeChat Pay or UPI for visitors.
What is the cheapest payment method for Singapore merchants?
On HitPay's published rates, PayNow is usually the cheapest online method: 0.65% + S$0.30 for orders of S$100 and above, and 0.9% (minimum S$0.20) below S$100. In person, PayNow is 0.4% (minimum S$0.10). Domestic cards online are 2.8% + S$0.50.
Is PayNow or credit card cheaper for merchants?
PayNow is cheaper on HitPay's published rates. On a S$200 order, PayNow costs S$1.60 (0.65% + S$0.30) and a domestic card costs S$6.10 (2.8% + S$0.50).
What is SGQR?
SGQR is Singapore's unified QR code standard. One SGQR label lets customers scan with many payment apps, including PayNow. HitPay's static QR lets you display one code at the counter and receive payments into your HitPay account.
Do I need separate accounts for each payment method?
No. With HitPay you can accept PayNow, cards, GrabPay, ShopeePay, Atome, WeChat Pay and UPI from one account, with no setup fee and no monthly fee.
What payment methods should a new Singapore online store start with?
Start with PayNow and cards (including Apple Pay and Google Pay), since most customers use these. Add GrabPay and a buy now, pay later option if your average order is higher or your customers are younger shoppers.
Can I accept payments from tourists in Singapore?
Yes. Online, international cards work at 3.65% + S$0.50, plus 2% on foreign-currency transactions. In store, HitPay's Borderless QR lets visitors pay with wallets from home, such as WeChat Pay, UPI, DuitNow, PromptPay, QR Ph and GCash.
Does HitPay charge monthly fees for accepting multiple payment methods?
No. HitPay has no setup fee and no monthly fee. You pay a published fee per transaction for each method.
What is the cheapest payment method for businesses in Singapore?
PayNow is usually cheapest. On HitPay, a S$20 online PayNow sale costs S$0.20 versus S$1.06 by domestic card (2.8% + S$0.50).
Should I accept BNPL in Singapore?
BNPL such as Atome (5.5%) and PayLater by Grab (5.5% online) costs more, so it suits higher-ticket items where it lifts basket size.
Payment methods in Singapore: what to accept and what they cost
Author:
Steph T.
Last Updated:
Singapore has one of the most sophisticated payment landscapes in Southeast Asia. Consumers move fluidly between PayNow, contactless cards, digital wallets, and buy-now-pay-later — often switching method by channel and context. Getting the mix right is not just a convenience issue; it directly af…
Quick Answer: The most-used payment methods in Singapore are PayNow, credit and debit cards, and e-wallets such as GrabPay, plus BNPL. With HitPay you can accept them online and in store on one account. PayNow is 0.65% + S$0.30 from S$100, or 0.9% (min S$0.20) below S$100, and domestic cards are 2.8% + S$0.50, with no setup or monthly fees.
Most Singapore customers pay with PayNow, cards (including Apple Pay and Google Pay) or GrabPay, so those are the methods to accept first. Here is what each one is for and what it costs on HitPay's published rates, so you can decide what to switch on.
Singapore payment methods compared: fees and best use
Method | Best for | HitPay fee (online) |
|---|---|---|
PayNow | Most local orders; lowest cost | 0.65% + S$0.30 (S$100 and above); 0.9%, min S$0.20 (below S$100) |
Domestic cards (Visa, Mastercard, Amex) | Customers who want card rewards | 2.8% + S$0.50 |
International cards | Overseas buyers and tourists | 3.65% + S$0.50; +2% on foreign-currency transactions |
Apple Pay / Google Pay | Fast mobile checkout | |
GrabPay | Grab users, younger shoppers | 3% |
Paylater by Grab | Higher-value orders paid in instalments | 5.5% |
ShopeePay, Atome | Shopee users; BNPL shoppers | |
WeChat Pay | Visitors from China | 1.5% |
UPI | Visitors and residents from India | 2% |
GIRO | Recurring collections | S$2.25 + 0.65% |
Method | Online | In person (Tap to Pay / terminal) |
|---|---|---|
PayNow | 0.9% (min S$0.20) below S$100; 0.65% + S$0.30 from S$100 | 0.4% (min S$0.10) |
Domestic cards | 2.8% + S$0.50 | 2.5% + S$0.50 |
International cards | 3.65% + S$0.50 (+2% on foreign-currency transactions) | 3.2% + S$0.50 |
GrabPay | 3% | 2.2% |
ShopeePay | 3% | 1.8% |
Atome | 5.5% | 5.5% |
WeChat Pay | 1.5% | 1.5% |
Fees checked 12 Oct 2026, source: hitpayapp.com/sg/pricing. No setup or monthly fee.
Cost of a S$20 / S$100 / S$200 sale by method
Method | S$20 sale | S$100 sale | S$200 sale |
|---|---|---|---|
PayNow (online) | S$0.20 | S$0.95 | S$1.60 |
Domestic card (online) | S$1.06 | S$3.30 | S$6.10 |
GrabPay (online) | S$0.60 | S$3.00 | S$6.00 |
Published HitPay list rates from hitpayapp.com/sg/pricing, checked 8 Oct 2026. No setup or monthly fee.
PayNow and SGQR
PayNow is Singapore's real-time bank transfer. Customers scan a QR in their banking app, and the money arrives in real time.
What is SGQR?
SGQR is Singapore's unified QR label. One code works across many payment apps, including PayNow. The Singapore Quick Response code (SGQR) was launched in 2018 to make accepting in-person QR code payments easier. Display one code at your counter, and customers scan it with the payment app they already use.
PayNow fees on HitPay
Online 0.65% + S$0.30 (S$100 and above); 0.9%, min S$0.20 (below S$100); in person 0.4%, min S$0.10.
Accept PayNow → · Static QR for your counter →
Cards, Apple Pay and Google Pay
Cards are still expected at checkout, especially for higher-value orders and overseas buyers. Domestic cards online cost 2.8% + S$0.50. International cards cost 3.65% + S$0.50, plus 2% on foreign-currency transactions.
American Express is accepted by HitPay at the same card rates, and is relevant for premium retail, corporate accounts, and travel businesses.
Cards also underpin Apple Pay and Google Pay: when a customer taps their phone at a terminal, the payment runs on the underlying card credential — so your card acceptance automatically covers these wallet methods.
Apple Pay and Google Pay are contactless wallet methods that use device-stored card credentials. They are accepted wherever your card terminals support NFC contactless payment — no separate integration required. For online checkout, both are supported via HitPay's hosted payment page. These methods are particularly valued for their speed at the point of sale: no PIN entry required for many transactions.
3D Secure (3DS) authentication is built into HitPay's card processing. This adds a layer of fraud protection and shifts liability for fraudulent transactions to the card issuer, protecting merchants from a significant category of chargeback. Accept cards with 3D Secure on the HitPay payment gateway →
Digital wallets: GrabPay, ShopeePay, WeChat Pay
Digital wallets are a distinct payment category in Singapore, sitting between bank transfers and traditional cards. They are app-based, quick to use, and often tied to loyalty rewards — which drives strong repeat usage.
GrabPay is Singapore's dominant super-app wallet, used by Grab's large regional user base. Customers load funds or link a card to their GrabPay account. For merchants, GrabPay acceptance opens the door to Grab's rewards-driven ecosystem, where users are often motivated to pay via Grab to earn GrabRewards points. HitPay charges 3% for GrabPay.
ShopeePay is Shopee's integrated payment wallet, heavily used by the Shopee shopping platform's user base. As with GrabPay, customers earn loyalty points for paying via ShopeePay. For HitPay's ShopeePay rate, see /sg/pricing.
WeChat Pay is the cross-border wallet most Chinese visitors use. HitPay charges 1.5% for WeChat Pay.
Accept GrabPay, ShopeePay, Apple Pay and Google Pay at checkout: see the HitPay payment gateway →
Buy now, pay later in Singapore
Atome, Paylater by Grab and ShopeePay Later let customers split payments, and you're paid upfront. Paylater by Grab is 5.5% on HitPay. Atome and ShopeePay Later: see /sg/pricing.
Offer buy now, pay later with HitPay →
Payment methods for tourists and overseas buyers
Online: international cards (3.65% + S$0.50; +2% on foreign-currency transactions).
In store: HitPay's Borderless QR lets visitors pay with wallets from home, such as WeChat Pay, UPI, DuitNow, PromptPay, QR Ph and GCash.
See HitPay cross-border payments →
Which payment method for which business
Business | What to accept |
|---|---|
Online store | PayNow + cards + GrabPay (+ BNPL if AOV is high) |
Café / retail counter | static PayNow QR + Tap to Pay + cards |
Services / invoices | PayNow + cards via payment links |
Tourist-heavy | add WeChat Pay, UPI, Borderless QR |
How to start accepting them
E-commerce plugins
Merchants on Shopify, WooCommerce or Wix can install a HitPay plugin and switch on payment methods. No custom code is required.
Payment links
For businesses without a dedicated website, payment links are the most practical entry point. Send one by WhatsApp, email or SMS, and the customer clicks and pays.
QR codes
A static QR code at the counter lets customers pay with PayNow without cash or a card machine.
API
Businesses building a custom storefront or marketplace can integrate through the HitPay payment API. It gives the most control over checkout but needs development resource.
Related HitPay resources for Singapore businesses
Frequently Asked Questions
What are the most popular payment methods in Singapore?
For most Singapore businesses the core set is PayNow, Visa and Mastercard cards, Apple Pay and Google Pay, and GrabPay. Many also add buy now, pay later options such as Atome or Paylater by Grab, and WeChat Pay or UPI for visitors.
What is the cheapest payment method for Singapore merchants?
On HitPay's published rates, PayNow is usually the cheapest online method: 0.65% + S$0.30 for orders of S$100 and above, and 0.9% (minimum S$0.20) below S$100. In person, PayNow is 0.4% (minimum S$0.10). Domestic cards online are 2.8% + S$0.50.
Is PayNow or credit card cheaper for merchants?
PayNow is cheaper on HitPay's published rates. On a S$200 order, PayNow costs S$1.60 (0.65% + S$0.30) and a domestic card costs S$6.10 (2.8% + S$0.50).
What is SGQR?
SGQR is Singapore's unified QR code standard. One SGQR label lets customers scan with many payment apps, including PayNow. HitPay's static QR lets you display one code at the counter and receive payments into your HitPay account.
Do I need separate accounts for each payment method?
No. With HitPay you can accept PayNow, cards, GrabPay, ShopeePay, Atome, WeChat Pay and UPI from one account, with no setup fee and no monthly fee.
What payment methods should a new Singapore online store start with?
Start with PayNow and cards (including Apple Pay and Google Pay), since most customers use these. Add GrabPay and a buy now, pay later option if your average order is higher or your customers are younger shoppers.
Can I accept payments from tourists in Singapore?
Yes. Online, international cards work at 3.65% + S$0.50, plus 2% on foreign-currency transactions. In store, HitPay's Borderless QR lets visitors pay with wallets from home, such as WeChat Pay, UPI, DuitNow, PromptPay, QR Ph and GCash.
Does HitPay charge monthly fees for accepting multiple payment methods?
No. HitPay has no setup fee and no monthly fee. You pay a published fee per transaction for each method.
What is the cheapest payment method for businesses in Singapore?
PayNow is usually cheapest. On HitPay, a S$20 online PayNow sale costs S$0.20 versus S$1.06 by domestic card (2.8% + S$0.50).
Should I accept BNPL in Singapore?
BNPL such as Atome (5.5%) and PayLater by Grab (5.5% online) costs more, so it suits higher-ticket items where it lifts basket size.
Payment methods in Singapore: what to accept and what they cost
Author:
Steph T.
Last Updated:
Singapore has one of the most sophisticated payment landscapes in Southeast Asia. Consumers move fluidly between PayNow, contactless cards, digital wallets, and buy-now-pay-later — often switching method by channel and context. Getting the mix right is not just a convenience issue; it directly af…
Quick Answer: The most-used payment methods in Singapore are PayNow, credit and debit cards, and e-wallets such as GrabPay, plus BNPL. With HitPay you can accept them online and in store on one account. PayNow is 0.65% + S$0.30 from S$100, or 0.9% (min S$0.20) below S$100, and domestic cards are 2.8% + S$0.50, with no setup or monthly fees.
Most Singapore customers pay with PayNow, cards (including Apple Pay and Google Pay) or GrabPay, so those are the methods to accept first. Here is what each one is for and what it costs on HitPay's published rates, so you can decide what to switch on.
Singapore payment methods compared: fees and best use
Method | Best for | HitPay fee (online) |
|---|---|---|
PayNow | Most local orders; lowest cost | 0.65% + S$0.30 (S$100 and above); 0.9%, min S$0.20 (below S$100) |
Domestic cards (Visa, Mastercard, Amex) | Customers who want card rewards | 2.8% + S$0.50 |
International cards | Overseas buyers and tourists | 3.65% + S$0.50; +2% on foreign-currency transactions |
Apple Pay / Google Pay | Fast mobile checkout | |
GrabPay | Grab users, younger shoppers | 3% |
Paylater by Grab | Higher-value orders paid in instalments | 5.5% |
ShopeePay, Atome | Shopee users; BNPL shoppers | |
WeChat Pay | Visitors from China | 1.5% |
UPI | Visitors and residents from India | 2% |
GIRO | Recurring collections | S$2.25 + 0.65% |
Method | Online | In person (Tap to Pay / terminal) |
|---|---|---|
PayNow | 0.9% (min S$0.20) below S$100; 0.65% + S$0.30 from S$100 | 0.4% (min S$0.10) |
Domestic cards | 2.8% + S$0.50 | 2.5% + S$0.50 |
International cards | 3.65% + S$0.50 (+2% on foreign-currency transactions) | 3.2% + S$0.50 |
GrabPay | 3% | 2.2% |
ShopeePay | 3% | 1.8% |
Atome | 5.5% | 5.5% |
WeChat Pay | 1.5% | 1.5% |
Fees checked 12 Oct 2026, source: hitpayapp.com/sg/pricing. No setup or monthly fee.
Cost of a S$20 / S$100 / S$200 sale by method
Method | S$20 sale | S$100 sale | S$200 sale |
|---|---|---|---|
PayNow (online) | S$0.20 | S$0.95 | S$1.60 |
Domestic card (online) | S$1.06 | S$3.30 | S$6.10 |
GrabPay (online) | S$0.60 | S$3.00 | S$6.00 |
Published HitPay list rates from hitpayapp.com/sg/pricing, checked 8 Oct 2026. No setup or monthly fee.
PayNow and SGQR
PayNow is Singapore's real-time bank transfer. Customers scan a QR in their banking app, and the money arrives in real time.
What is SGQR?
SGQR is Singapore's unified QR label. One code works across many payment apps, including PayNow. The Singapore Quick Response code (SGQR) was launched in 2018 to make accepting in-person QR code payments easier. Display one code at your counter, and customers scan it with the payment app they already use.
PayNow fees on HitPay
Online 0.65% + S$0.30 (S$100 and above); 0.9%, min S$0.20 (below S$100); in person 0.4%, min S$0.10.
Accept PayNow → · Static QR for your counter →
Cards, Apple Pay and Google Pay
Cards are still expected at checkout, especially for higher-value orders and overseas buyers. Domestic cards online cost 2.8% + S$0.50. International cards cost 3.65% + S$0.50, plus 2% on foreign-currency transactions.
American Express is accepted by HitPay at the same card rates, and is relevant for premium retail, corporate accounts, and travel businesses.
Cards also underpin Apple Pay and Google Pay: when a customer taps their phone at a terminal, the payment runs on the underlying card credential — so your card acceptance automatically covers these wallet methods.
Apple Pay and Google Pay are contactless wallet methods that use device-stored card credentials. They are accepted wherever your card terminals support NFC contactless payment — no separate integration required. For online checkout, both are supported via HitPay's hosted payment page. These methods are particularly valued for their speed at the point of sale: no PIN entry required for many transactions.
3D Secure (3DS) authentication is built into HitPay's card processing. This adds a layer of fraud protection and shifts liability for fraudulent transactions to the card issuer, protecting merchants from a significant category of chargeback. Accept cards with 3D Secure on the HitPay payment gateway →
Digital wallets: GrabPay, ShopeePay, WeChat Pay
Digital wallets are a distinct payment category in Singapore, sitting between bank transfers and traditional cards. They are app-based, quick to use, and often tied to loyalty rewards — which drives strong repeat usage.
GrabPay is Singapore's dominant super-app wallet, used by Grab's large regional user base. Customers load funds or link a card to their GrabPay account. For merchants, GrabPay acceptance opens the door to Grab's rewards-driven ecosystem, where users are often motivated to pay via Grab to earn GrabRewards points. HitPay charges 3% for GrabPay.
ShopeePay is Shopee's integrated payment wallet, heavily used by the Shopee shopping platform's user base. As with GrabPay, customers earn loyalty points for paying via ShopeePay. For HitPay's ShopeePay rate, see /sg/pricing.
WeChat Pay is the cross-border wallet most Chinese visitors use. HitPay charges 1.5% for WeChat Pay.
Accept GrabPay, ShopeePay, Apple Pay and Google Pay at checkout: see the HitPay payment gateway →
Buy now, pay later in Singapore
Atome, Paylater by Grab and ShopeePay Later let customers split payments, and you're paid upfront. Paylater by Grab is 5.5% on HitPay. Atome and ShopeePay Later: see /sg/pricing.
Offer buy now, pay later with HitPay →
Payment methods for tourists and overseas buyers
Online: international cards (3.65% + S$0.50; +2% on foreign-currency transactions).
In store: HitPay's Borderless QR lets visitors pay with wallets from home, such as WeChat Pay, UPI, DuitNow, PromptPay, QR Ph and GCash.
See HitPay cross-border payments →
Which payment method for which business
Business | What to accept |
|---|---|
Online store | PayNow + cards + GrabPay (+ BNPL if AOV is high) |
Café / retail counter | static PayNow QR + Tap to Pay + cards |
Services / invoices | PayNow + cards via payment links |
Tourist-heavy | add WeChat Pay, UPI, Borderless QR |
How to start accepting them
E-commerce plugins
Merchants on Shopify, WooCommerce or Wix can install a HitPay plugin and switch on payment methods. No custom code is required.
Payment links
For businesses without a dedicated website, payment links are the most practical entry point. Send one by WhatsApp, email or SMS, and the customer clicks and pays.
QR codes
A static QR code at the counter lets customers pay with PayNow without cash or a card machine.
API
Businesses building a custom storefront or marketplace can integrate through the HitPay payment API. It gives the most control over checkout but needs development resource.
Related HitPay resources for Singapore businesses
Frequently Asked Questions
What are the most popular payment methods in Singapore?
For most Singapore businesses the core set is PayNow, Visa and Mastercard cards, Apple Pay and Google Pay, and GrabPay. Many also add buy now, pay later options such as Atome or Paylater by Grab, and WeChat Pay or UPI for visitors.
What is the cheapest payment method for Singapore merchants?
On HitPay's published rates, PayNow is usually the cheapest online method: 0.65% + S$0.30 for orders of S$100 and above, and 0.9% (minimum S$0.20) below S$100. In person, PayNow is 0.4% (minimum S$0.10). Domestic cards online are 2.8% + S$0.50.
Is PayNow or credit card cheaper for merchants?
PayNow is cheaper on HitPay's published rates. On a S$200 order, PayNow costs S$1.60 (0.65% + S$0.30) and a domestic card costs S$6.10 (2.8% + S$0.50).
What is SGQR?
SGQR is Singapore's unified QR code standard. One SGQR label lets customers scan with many payment apps, including PayNow. HitPay's static QR lets you display one code at the counter and receive payments into your HitPay account.
Do I need separate accounts for each payment method?
No. With HitPay you can accept PayNow, cards, GrabPay, ShopeePay, Atome, WeChat Pay and UPI from one account, with no setup fee and no monthly fee.
What payment methods should a new Singapore online store start with?
Start with PayNow and cards (including Apple Pay and Google Pay), since most customers use these. Add GrabPay and a buy now, pay later option if your average order is higher or your customers are younger shoppers.
Can I accept payments from tourists in Singapore?
Yes. Online, international cards work at 3.65% + S$0.50, plus 2% on foreign-currency transactions. In store, HitPay's Borderless QR lets visitors pay with wallets from home, such as WeChat Pay, UPI, DuitNow, PromptPay, QR Ph and GCash.
Does HitPay charge monthly fees for accepting multiple payment methods?
No. HitPay has no setup fee and no monthly fee. You pay a published fee per transaction for each method.
What is the cheapest payment method for businesses in Singapore?
PayNow is usually cheapest. On HitPay, a S$20 online PayNow sale costs S$0.20 versus S$1.06 by domestic card (2.8% + S$0.50).
Should I accept BNPL in Singapore?
BNPL such as Atome (5.5%) and PayLater by Grab (5.5% online) costs more, so it suits higher-ticket items where it lifts basket size.
Ready to apply what you just read?
Turn payment insights into action with HitPay’s online and in-person payment tools for growing businesses.
Ready to apply what you just read?
Turn payment insights into action with HitPay’s online and in-person payment tools for growing businesses.
Ready to apply what you just read?
Turn payment insights into action with HitPay’s online and in-person payment tools for growing businesses.
Ready to apply what you just read?
Turn payment insights into action with HitPay’s online and in-person payment tools for growing businesses.
Ready to apply what you just read?
Turn payment insights into action with HitPay’s online and in-person payment tools for growing businesses.