Regional processor · Asia-Pacific
Does Paystack work in Singapore?
Paystack does not onboard businesses registered in Singapore.
What a business in Singapore can use
Paystack’s products, for a company incorporated in Singapore.
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.
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.
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.
Paystack does not offer this.
Paystack does not offer this.
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.
Accept payments
Pay people abroad
Multi-currency account
Stablecoins
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.
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