Singapore · published HitPay rates
What HitPay charges in Singapore
| HitPay | Stripe | |
|---|---|---|
| PayNow (online) | 0.65% + S$0.30 from S$100; 0.9% (min S$0.20) below | Check Stripe’s PayNow fees |
| Domestic cards (online) | 2.8% + S$0.50 | Verify on Stripe’s Singapore pricing |
| Monthly fee | None | See Stripe’s pricing |
| Non-card payout | T+1 calendar day | Confirm with Stripe |
Published HitPay Singapore rates, excl. GST, no monthly fee. Stripe publishes its own Singapore pricing.
Is Stripe available in Singapore?
Yes, Stripe operates in Singapore. If you want PayNow, cards and in-store payments on one account, HitPay is a MAS licensed alternative with one dashboard and one payout for online and terminal sales, and card payouts in T+1 business days. Fees are public on hitpayapp.com/sg/pricing.
At a Glance
Side-by-side comparison of the key differences for Singapore businesses.
| Need | Lean HitPay | Lean Stripe |
|---|---|---|
| Primary job | Singapore checkout: PayNow, GrabPay, ShopeePay, BNPL, cards | Global cards and developer infrastructure |
| Fee model | Published per-transaction rates. No monthly fee | Confirm current Singapore pricing on Stripe’s own site |
| PayNow (online) | 0.65% + S$0.30 from S$100; 0.9% (min S$0.20) below | Check Stripe’s PayNow coverage and fees on Stripe |
| Domestic cards (online) | 2.8% + S$0.50 | Verify on Stripe’s Singapore pricing |
| Local method breadth | PayNow and major local wallets on one HitPay account | Strong cards; confirm which SG methods you need |
| Payout | Non-card HitPay Balance T+1 calendar day | Confirm settlement terms with Stripe |
| Licence | MAS licensed | Check Stripe’s published Singapore regulatory wording |
Also comparing Airwallex? See the HitPay vs Airwallex page.
Fit Assessment
The right choice depends on your transaction profile and business model.
HitPay may be stronger if you:
You need Singapore checkout conversion first (PayNow, GrabPay, ShopeePay, BNPL, cards) on one MAS-licensed account
You run appointment, services, or higher-ticket SMB flows (links, invoices, Tap to Pay / POS) — not only low-AOV marketplace carts
You want published per-transaction pricing with no monthly fee, and non-card HitPay Balance payout on the published SG schedule
You may expand later, but Singapore is the economic core of the decision
Stripe may be stronger if you:
Already ship on Stripe’s global stack
Need Stripe’s billing or marketplace products
Have in-house developer resources
Need highly custom API integrations
Getting Started
How each platform handles onboarding and ongoing merchant support.
| HitPay | Stripe | |
|---|---|---|
| Setup | Often same-day approval for eligible businesses Payment links available without code E-commerce plugins supported REST API available | Business day approval process Hosted checkout available Payment links available Advanced integrations require developers |
| Setup in short | Basic setup does not require developer resources. | Higher customization flexibility but assumes technical involvement. |
| Support | Email and live chat (business hours) Phone support for established accounts English and Mandarin support | Email support Extensive documentation English-language support |
| Support in short | Singapore-based team familiar with local banks and MAS guidelines. | Strong developer documentation and global ecosystem. |
Migration
Typically 2–4 weeks Stripe can remain active during the transition period to handle refunds or disputes
| Step | When | What happens |
|---|---|---|
| 1. Account setup & verification | Day 1 | Create your HitPay account and complete business verification. Most partners are approved same-day. |
| 2. Integration testing | Days 2–5 | Connect HitPay to your checkout flow using the API or one-click plugins. Test in sandbox before going live. |
| 3. Data export & transition planning | Week 1–2 | Export your Stripe payment history, customer records, and subscription data. Plan your cutover date. |
| 4. Parallel operation period | Week 2–3 | Run HitPay for new transactions while Stripe remains active to handle existing refunds and open disputes. |
| 5. Full cutover | Week 3–4 | Deactivate Stripe as your primary gateway. HitPay is now your full payment stack. |
Plan for: subscription billing needs review · integration code must be updated · historical reporting stays separate · reconciliation may span both platforms.
frequently asked questions
What is the difference between HitPay and Stripe in Singapore?
HitPay is a Singapore MAS-licensed Major Payment Institution focused on local acceptance — PayNow, wallets, BNPL and cards — with no monthly fee. Stripe is a global payments platform many developers already use. Compare your method mix and verify each provider’s live Singapore fees on their own sites.
How much is PayNow on HitPay?
Online from S$100: 0.65% + S$0.30. Below S$100: 0.9% (minimum S$0.20). In person: 0.4% (minimum S$0.10). Source: the Singapore pricing page.
How much are cards on HitPay?
Online domestic cards are 2.8% + S$0.50; online international 3.65% + S$0.50; in-person domestic 2.5% + S$0.50. Foreign-currency transactions add 2%.
Can I switch from Stripe to HitPay?
Many merchants run HitPay for local methods while keeping other tools. Create a HitPay account, enable methods, connect plugins or the API, and cut over when ready. Stripe can stay active during the transition to handle refunds and open disputes.
Where is HitPay vs Airwallex?
For a Singapore treasury / multi-currency comparison, see HitPay vs Airwallex. Verify live fees on each provider’s pricing page.
Does HitPay charge a monthly fee?
No. There is no setup fee and no monthly subscription — you pay per successful transaction.
What is the payout timing on HitPay?
Non-card HitPay Balance is T+1 calendar day; Card Balance is from T+1 business day, and Compliance may set the final card schedule case by case.
Is HitPay MAS-licensed?
Yes. HitPay is MAS licensed as a Major Payment Institution. Details on the licence and registrations page.
Where do I collect invoice and B2B receivables?
Stripe is usually compared for cards and checkout. For invoice and B2B receivables into the same account as PayNow and POS, use a HitPay Collection Account: clients and partners send SGD to FAST/PayNow details in your own business name and it lands in the same HitPay Wallet as your checkout. No setup or monthly fee; SGD collections are S$0.50 per receipt. Airwallex treasury fit stays on HitPay vs Airwallex. See Collection Account (Singapore) →
Is Stripe available in Singapore?
Yes, Stripe operates in Singapore. If you want PayNow, cards and in-store payments on one account, HitPay is a MAS licensed alternative with one dashboard and one payout for online and terminal sales, and card payouts in T+1 business days. Fees are public on hitpayapp.com/sg/pricing.
Does Stripe support PayNow in Singapore?
Yes, for online checkout. Stripe lists PayNow as a payment method for businesses with a Singapore entity: customers scan a QR code at checkout (stripe.com/en-sg/payments/payment-methods, checked 19 Oct 2026). HitPay takes PayNow online, on payment links and in store, on one account.
What's a Stripe alternative in Singapore with card terminals?
HitPay sells card terminals and Tap to Pay, so you can take cards and PayNow in store on the same account you use online. See hitpayapp.com/sg/card-terminal.
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