Payment processor · Asia-Pacific
Does PayPal work in Singapore?
PayPal onboards businesses registered in Singapore.
What a business in Singapore can use
PayPal’s products, for a company incorporated in Singapore.
PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.
Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.
Hold balances in 20+ currencies inside a PayPal business account.
PayPal Business Debit Mastercard. Not for businesses in Singapore.
US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD). Not for businesses in Singapore.
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.
Accept payments
Pay people abroad
Multi-currency account
Business cards
Yield on idle cash
Selling to Singapore
How people there prefer to pay online.
- 1Visa / Mastercard
- 2PayNow
- 3GrabPay
- 4Apple Pay
Stablecoin rules in Singapore
A licensing regime for stablecoins is in force.
PayPal’s stablecoin products are not available to businesses here.
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