The Internet’s Money

Regional processor · Asia-Pacific

Does Paystack work in Singapore?

No.

Paystack does not onboard businesses registered in Singapore.

What a business in Singapore can use

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

Accept paymentsNot available

Online and in-person payment acceptance. Cards (Visa and Mastercard in all markets) plus local methods that vary by country: bank transfer, USSD, mobile money, M-PESA, EFT, QR, Apple Pay and Google Pay. Settlement is in local currency by default; Nigerian and Kenyan businesses can also accept and settle in USD.

Pay people abroadNot available

Transfers from your Paystack balance to bank accounts in your own country, and to mobile money in Ghana and M-PESA in Kenya. Domestic only. Available to Registered businesses, not Starter businesses.

Multi-currency accountNot available

Dedicated Virtual Accounts: bank account numbers you create for your customers to pay into; payments are recorded against that customer and settle to your Paystack balance. Not a multi-currency holding account.

Business cardsNot offered

Paystack does not offer this.

StablecoinsNot offered

Paystack does not offer this.

Yield on idle cashNot offered

Paystack does not offer this.

Paystack says its services are only for businesses registered in Nigeria, Ghana, South Africa and Kenya. Côte d'Ivoire and Egypt are described as a private beta, although Paystack already publishes pricing and compliance requirements for both.

Onboarding confidence: high. Source: Paystack support: What is Paystack and how does it work? (Countries we serve). Everything about Paystack

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.

Everything about 🇸🇬 Singapore →

Common questions

Does Paystack work in Singapore?

No. Paystack does not onboard businesses registered in Singapore.

What are the alternatives to Paystack in Singapore?

Providers that onboard businesses registered in Singapore: Stripe, Adyen, Checkout.com, PayPal, Airwallex, Wise Business, Payoneer, Paddle and 9 more. With limits: Worldpay, Bridge, BVNK, Rain and Flutterwave.

Paystack elsewhere in Asia-Pacific

Other providers in Singapore