A payment gateway is a piece of technology that enables companies to sell goods online. It connects buyers and sellers and securely transmits payment details. This technology ensures the security of transfers and protects your card and bank information. It ensures the smoothest possible money transfers by connecting banks and online retailers. Because it can handle a wide range of transactions and methods, this system is crucial to modern e-commerce and shopping.
The best payment processor for businesses operating in Singapore in our rating is NOWPayments, due to its versatile capabilities and strong support for local methods like PayNow, alongside crypto options. This gateway is inexpensive and easy to set up, and each user has a unique experience. It benefits companies both domestically and internationally. Because it uses cryptocurrencies, it is also a fantastic option for companies looking to learn more about blockchain technology. Because it makes it simple to manage both digital and traditional transfers swiftly, this solid foundation is crucial for Singapore’s fast-paced business environment.
Businesses in Singapore will need to choose the best payment service by 2026 due to the rapid growth of the digital payments industry. As the nation’s digital infrastructure improves, companies must find ways to satisfy local clients as well as those conducting business internationally. Because Singapore is a major hub for international trade, businesses there must make it simple for people to conduct business both in person and online. Companies may also accept payments from individuals worldwide in a variety of currencies and methods in order to remain adaptable and competitive in a global market. Here’s a list of payment gateways for Singapore in 2026:
- NOWPayments
- HitPay
- Worldpay
- PayPal
- Omise
What We Considered When Choosing the Best Payment Gateway: Our Selection Criteria
We examined the key characteristics of Singaporean companies in order to provide a fair comparison. People who directly affect how the company operates and how its customers are handled are given greater weight. To highlight the most significant aspects of the local market, the following elements were selected.
- Supported Assets: This is crucial for companies that must cater to a diverse clientele and take various forms of payment, such as local and cryptocurrency.
- Fees: Because a clear price aids in cost control and long-term financial success, fees are crucial for businesses looking to maximize profits.
- Fund Control: To monitor them in a transparent and secure manner, businesses must be able to manage their finances effectively. It guarantees that individuals have control over their own finances and how they spend them.
Each service’s performance in these areas is displayed in the table below, which we will discuss each in more detail later.
| Payment Gateway | Supported Assets | Transaction Fees | Fund Control |
|---|---|---|---|
| NOWPayments | 350+ digital coins & 40+ fiat options | ~0.5% mono‑currency, ~1% multi‑currency; 0% network on USDT TRC20 | Custodial & non‑custodial modes |
| HitPay | Cards, PayNow, QR, wallets (700+ options) | PayNow ~0.65%+S$0.30; cards ~2.8–3.65%+S$0.50; wallets ~3–5.5% | Standard merchant account with direct payouts to business account |
| Worldpay | Cards, wallets, BNPL & assorted local methods in supported regions | Customised rate (interchange‑plus), commonly ~1.3–3.5% + small fixed fee | Settlement typically 3–7 business days with dashboard control |
| PayPal | PayPal balance, cards, some local options via wallet | ~3.9%+S$0.50 (domestic) / ~4.4%+S$0.50 (international) + FX conversion fees | Funds held in PayPal account with standard withdrawal to bank |
| Omise | Cards, PayNow, e‑wallets & regional options in SEA markets | ~3.3%+S$0.30 on cards & ~1% PayNow | Standard merchant settlement to linked account |
NOWPayments
NOWPayments is the best crypto payment gateway enabling businesses to accept over 40 traditional currencies and over 350 digital currencies. For companies looking to enter the international bitcoin market, this is a fantastic choice. It can satisfy a wide range of business requirements since it can be used in both custodial and non-custodial ways. The tool’s primary objectives are to manage issues swiftly and economically. As a result, transactions can now be handled swiftly and securely by e-commerce and other online businesses. Because they provide a wide range of services, this service provider is excellent for businesses in Singapore and other locations that wish to maintain their competitiveness.
Supported Assets. In addition to accepting over 40 fiat currencies, NOWPayments also accepts over 350 digital currencies, including stablecoins, Ethereum, and Bitcoin. It will be very beneficial for customers in other nations who require various types of assets to be able to pay companies in other nations. If businesses take both cash and bitcoin as payment, they might attract more clients. When businesses accept funding from both domestic and foreign sources, they can expand with ease.
| Payment Method | Accept | Withdraw |
|---|---|---|
| Cryptocurrency | ✅ | ✅ |
| Fiat Currencies | ✅ | ✅ |
| Stablecoins | ✅ | ✅ |
Fees. NOWPayments charges reasonable handling fees. For transactions involving multiple currencies, they range from 0.5% to 1%. For the first two months as a new partner, you will not be required to pay a network fee on USDT TRC20 payments. Businesses can immediately determine how much it will cost to use the service because the platform’s rates are transparent and simple to comprehend. As a result, this platform is an excellent option for companies looking to reduce expenses without sacrificing customer choice.
| Fee Type | Amount | Note |
|---|---|---|
| Processing Fee | ~0.5% | Mono-currency transactions |
| Multi-currency Fee | ~1% | Applies to multi-currency payments |
| USDT Network Fee | 0% | For TRC20 deposits (new partners) |
Fund control. With NOWPayments, businesses have two options for managing their funds: custodial and non-custodial. Merchants have the option of keeping the funds or transferring them to NOWPayments. If a company wants to be independent, it can maintain complete control over its assets by selecting the non-custodial option. By providing businesses with additional options to suit their working needs, this feature increases the platform’s adaptability.
| Fund Model | Description |
|---|---|
| Custodial | NOWPayments manages funds on behalf of merchants |
| Non-Custodial | Businesses maintain full control of their assets |
HitPay
HitPay is a Singapore-based payment processing company that integrates PayNow, credit cards, and digital wallets to assist local businesses with a variety of tasks. It is compatible with a wide range of offline and online businesses. Ensuring that everything functions flawlessly is the primary objective. HitPay is unique due to its user-friendly interface and services designed specifically for Singaporean companies. Due to its widespread use in Singapore, it is an excellent option for companies looking to increase their clientele.
Supported Assets. HitPay supports a wide range of payment methods, including PayNow, major credit cards, and popular e-wallets like GrabPay and ShopeePay. This makes it an ideal platform for businesses looking to cater to both local customers and international clientele. The gateway’s ability to process payments in different formats allows merchants to expand their reach and increase conversion rates. Businesses can integrate these diverse options seamlessly into their online stores or physical locations.
| Payment Method | Accept | Withdraw |
|---|---|---|
| PayNow | ✅ | ✅ |
| Credit/Debit Cards | ✅ | ✅ |
| E-wallets | ✅ | ✅ |
Fees. HitPay offers competitive fees based on the method used. PayNow payments are charged around 0.65% + S$0.30, credit cards incur fees around 2.8%–3.65% + S$0.50, and e-wallet transactions are typically charged at 3%–5.5%. This tiered fee structure provides flexibility for businesses while keeping costs transparent and predictable. It ensures that merchants can optimize payment methods to suit their transaction volumes and customer preferences.
| Fee Type | Amount | Note |
|---|---|---|
| PayNow Fee | ~0.65% + S$0.30 | For PayNow transactions |
| Card Payment Fee | ~2.8%–3.65% + S$0.50 | For credit card payments |
| E-wallet Fee | ~3%–5.5% | For digital wallet payments |
Fund control. Businesses have complete control over their money thanks to HitPay’s quick, no-wait transfers to business bank accounts. When necessary, merchants can view all of their transactions on a single screen and process payments. This degree of control makes managing finances simpler, which is particularly beneficial for companies that must closely monitor their cash flow. This technology ensures that small businesses receive their money immediately, which is very advantageous.
| Fund Model | Description |
|---|---|
| Direct Settlement | Funds transferred directly to merchant accounts |
| No Hold Period | No extended hold on funds |
Worldpay
Worldpay is an online payment platform that offers numerous benefits to businesses of all kinds. It takes several forms of payment, including cash, digital wallets, and credit cards. It can be used for both offline and online purchases. If you want to expand your company both domestically and internationally, Worldpay is a fantastic option. It is renowned for its ability to expand with your company and connect with people worldwide. By providing various business types with customized options, it makes payment processing simple and secure.
Supported Assets. You can use digital wallets, bank and credit cards, and “buy now, pay later” (BNPL) options to make payments with Worldpay. This makes it simple for companies to take payments from clients in the US and other nations. The tool is excellent for companies that conduct business internationally because it can handle transactions in multiple currencies. Additionally, Worldpay claims that a variety of payment methods are accepted by companies, which facilitates consumer transactions.
| Payment Method | Accept | Withdraw |
|---|---|---|
| Credit/Debit Cards | ✅ | ✅ |
| Digital Wallets | ✅ | ✅ |
| BNPL | ✅ | ✅ |
Fees. Businesses are frequently charged by Worldpay according to their payment methods and transaction volume. Depending on where you live and how much you spend, credit card fees can range from 1.3% to 3.5%. Digital wallets and BNPL may have different prices, but they typically adhere to business regulations. As Worldpay’s prices are flexible, businesses of all kinds can find a pricing plan that suits them.
| Fee Type | Amount | Note |
|---|---|---|
| Card Payment Fee | 1.3%–3.5% | Based on region and transaction value |
| Wallet Fee | Variable | For digital wallet transactions |
| BNPL Fee | Variable | For Buy Now, Pay Later payments |
Fund control. A secure merchant account is one of Worldpay’s numerous ways for companies to manage their finances. Businesses can always receive their money because payments are typically cleared within three to seven working days. Most companies that depend on prompt payments to remain in operation are able to wait this long. The platform’s robust data tools help merchants manage their finances more effectively.
| Fund Model | Description |
|---|---|
| Merchant Account | Settlement to merchant account within 3–7 business days |
| Flexible Payouts | Regular payouts as per the merchant’s needs |
PayPal
PayPal is a widely recognized payment provider for both in-person and online transactions. You can pay for items in stores all over the world using credit cards, e-wallets, and PayPal. Due to its safety and ease of use with online stores and markets, PayPal is utilized by numerous businesses worldwide. Because it can be applied in both established and developing markets, it is an excellent option for companies looking to expand globally.
Supported Assets. PayPal accepts a variety of payment methods, including credit and debit cards, PayPal funds, and several regional e-wallets. As a result, businesses can reach a large number of customers in the US and other nations. PayPal’s compatibility with numerous well-known e-commerce platforms makes it simpler for companies to offer clients a payment option. As it is a globally recognized gateway service, it aids companies in attracting new clients.
| Payment Method | Accept | Withdraw |
|---|---|---|
| PayPal Balance | ✅ | ✅ |
| Credit/Debit Cards | ✅ | ✅ |
| E-wallets | ✅ | ✅ |
Fees. The fee is 3.9% plus S$0.50 for local transactions and 4.4% plus S$0.50 for international transactions. Additionally, there are additional expenses associated with currency exchange. Depending on the seller’s location and the item you are purchasing, prices might vary slightly. Although PayPal is more expensive than other options, many businesses believe that its robust security features and global usability make the additional expense worthwhile. Businesses can easily plan their spending because they know exactly how much PayPal will charge them.
| Fee Type | Amount | Note |
|---|---|---|
| Domestic Fee | ~3.9% + S$0.50 | For domestic transactions |
| International Fee | ~4.4% + S$0.50 | For cross-border transactions |
Fund control. The seller can easily view transactions immediately because PayPal keeps the funds in the company’s PayPal account. Sellers can always withdraw the funds from the bank account connected to their PayPal account, but PayPal may retain some payments for up to 21 days. If companies want to generate revenue fast, they should manage their finances in this manner. Additionally, the software offers a wide range of security features to prevent fraud and safeguard company funds.
| Fund Model | Description |
|---|---|
| PayPal Account | Funds held in PayPal account with option for withdrawal to linked bank |
| Withdrawal Time | Typically immediate to 21 days for some transactions |
Omise
Omise (formerly known as Opn Payments) is a prominent payment processing solution that meets all the needs of local and Singaporean businesses. This website is used by numerous companies and online retailers in Australia and abroad because it accepts a variety of payment methods, including credit cards and PayNow. Omise stands out from other businesses because it targets the Southeast Asian market and functions well across a variety of platforms. It is an excellent option for companies looking to expand in Singapore since it is well-versed in the region and complies with regulations.
Supported Assets. Omise offers several payment options, including e-wallets, international credit card networks, and PayNow for domestic clients. Because they support so many different kinds of assets, businesses are able to serve customers from other countries and accept payments in a way that works best for them. As Omise offers local payment methods, it is still helpful for companies that only wish to conduct business in Singapore. For companies of all sizes that wish to be able to accept money in a number of ways, Omise’s platform is fantastic.
| Payment Method | Accept | Withdraw |
|---|---|---|
| PayNow | ✅ | ✅ |
| Credit/Debit Cards | ✅ | ✅ |
| E-wallets | ✅ | ✅ |
Fees. Omise offers competitive transaction fees for card payments, usually around 3.3% + S$0.30 for local and cross-border transactions. PayNow payments generally incur lower fees, making it an attractive option for Singapore-based businesses. Fees vary depending on the payment method used, ensuring businesses have choices for minimizing costs. This pricing structure is designed to cater to both large merchants and small businesses, with flexibility depending on transaction volume.
| Fee Type | Amount | Note |
|---|---|---|
| Card Payment Fee | ~3.3% + S$0.30 | For credit card payments |
| PayNow Fee | ~1% | For PayNow transactions |
| E-wallet Fee | Variable | For digital wallet payments |
Fund control. Omise operates on a custodial model, meaning funds are held in a secure account managed by the platform. Merchants can withdraw funds to their business accounts or access them directly through the Omise dashboard. The platform’s flexibility ensures that businesses can manage their earnings efficiently without delays. Omise also offers real-time transaction tracking, making it easy to monitor and control financial flows.
| Fund Model | Description |
|---|---|
| Custodial | Funds managed by Omise with option for business withdrawals |
| Real-Time Access | Merchants can track and manage funds in real time |
Conclusion
We have analyzed the top payment gateways in Singapore, including NOWPayments, HitPay, Worldpay, PayPal, and Omise. Each of these providers offers distinct features to cater to the local market’s diverse needs, from traditional card payments to innovative methods like PayNow and cryptocurrency support. The features examined, such as supported assets, transaction fees, and fund control, reflect the specific challenges faced by organizations in Singapore, where both local and international payment methods are critical to growth. Among these, NOWPayments offers the most flexibility with its broad support for digital currencies and fiat currencies.
For companies operating in Singapore, NOWPayments emerges as the ideal solution, particularly for those seeking a payment platform that integrates both traditional and digital assets. The service’s low fees, combined with its flexible fund control options, make it an attractive choice for organizations that want to streamline their financial processes while keeping costs down. With transparent pricing and seamless integration capabilities, it positions itself as a top choice for firms looking to scale effectively in the dynamic ecosystem. As a comprehensive and reliable solution, it is perfect for companies that want to remain competitive in 2026 and beyond.