The Internet’s Money

Payment processor · Asia-Pacific

Does PayPal work in Singapore?

Yes.

PayPal onboards businesses registered in Singapore.

Available

What a business in Singapore can use

PayPal’s products, for a company incorporated in Singapore.

Accept paymentsAvailable

PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.

Pay people abroadAvailable

Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.

Multi-currency accountAvailable

Hold balances in 20+ currencies inside a PayPal business account.

Business cardsNot available

PayPal Business Debit Mastercard. Not for businesses in Singapore.

StablecoinsNot available

US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD). Not for businesses in Singapore.

Yield on idle cashNot available

US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York. Not for businesses in Singapore.

Available in 200+ markets, but in some (such as Nigeria and Morocco) accounts face limits on receiving money. Indian accounts can only receive international payments.

Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal

Alternatives in Singapore

Other providers that serve businesses registered there.

Selling to Singapore

How people there prefer to pay online.

  1. 1Visa / Mastercard
  2. 2PayNow
  3. 3GrabPay
  4. 4Apple Pay

Stablecoin rules in Singapore

Low riskClear rules

A licensing regime for stablecoins is in force.

PayPal’s stablecoin products are not available to businesses here.

Everything about 🇸🇬 Singapore →

Common questions

Does PayPal work in Singapore?

Yes. PayPal onboards businesses registered in Singapore.

Which PayPal products can a business in Singapore use?

accept payments, pay people abroad and multi-currency account.

What are the alternatives to PayPal in Singapore?

Providers that onboard businesses registered in Singapore: Stripe, Adyen, Checkout.com, Airwallex, Wise Business, Payoneer and dLocal. With limits: Worldpay, Bridge, BVNK and Rain.

Can a business in Singapore use PayPal for stablecoins?

No, according to our data. Stablecoin rules in Singapore: Clear rules (low risk). MAS finalised a framework for single-currency stablecoins in 2023. Only stablecoins regulated by MAS may use that label.

PayPal elsewhere in Asia-Pacific

Other providers in Singapore