Best Payment Gateways in Singapore

Updated: 26/04/2022

The E-commerce industry revenue in Singapore is valued at more than $7 billion by 2022 with growth rate of 16% and expected to cross $11 Billion by 2025.

The main reason behind it is the internet penetration rate in Singapore which has reached 92% which means there are 5.3 million internet users in Singapore at the present moment.

With the futuristic initiatives taken by the Singapore government like Retail Industry Transformation Map (ITM and Networked Trade Platform (NTP) along with E-Commerce Booster Package – Singapore is set to be the finest country in Asia for doing E-commerce business after India.

E-commerce payment gateway in Singapore

Amazon, Lazada, and Q0010 are the top E-commerce players in Singapore.

More than 3.5 Million people make use of digital payment methods in Singapore.

In this article, we will discuss the best E-commerce payment gateways in Singapore available for freelancers, entrepreneurs, and businesses.

Before moving with any of these payment gateways do remember to check out the MDR | Payout timings | Payment methods.

Top 21+ List of Best Payment Gateway Service Providers in Singapore

Useful resources

Best selling products on Amazon Singapore

From our point of view, these are considered the best E-commerce payment gateways in Singapore.

For individuals and freelancers Stripe and Paypal come out to be the best solution and for businesses above mentioned are the best options to go in order to run a successful E-commerce business.

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