Card issuing · Asia-Pacific

Does Rain work in Singapore?

Partly.

Rain is limited for businesses registered in Singapore: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Limited

Source: Rain cards ↗

What a business in Singapore can use

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

Accept paymentsNot offered

Rain does not offer this.

Pay people abroadNot offered

Rain does not offer this.

Multi-currency accountNot offered

Rain does not offer this.

Business cardsLimited

Virtual and physical cards funded from stablecoin balances, for consumers or businesses, with issuing, processing and program management under one contract.

StablecoinsLimited

Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.

Yield on idle cashNot offered

Rain does not offer this.

Rain issues as a principal card network member, without a sponsor bank, and reports card programs in 100+ countries. Whether a program can launch depends on where the company and its cardholders are.

Onboarding confidence: low. Source: Rain cards. Everything about Rain

Alternatives in Singapore

Other providers that serve businesses registered there.

Accept payments

Adyen Airwallex Checkout.com dLocal Payoneer PayPal Stripe Wise Business BVNKlimited Worldpaylimited

Pay people abroad

Adyen Airwallex Checkout.com dLocal Payoneer PayPal Stripe Wise Business Bridgelimited BVNKlimited Worldpaylimited

Multi-currency account

Airwallex Payoneer PayPal Stripe Wise Business Bridgelimited BVNKlimited

Business cards

Airwallex Payoneer Wise Business Bridgelimited

Stablecoins

Checkout.com Stripe Bridgelimited BVNKlimited Worldpaylimited

Yield on idle cash

Airwallex Bridgelimited BVNKlimited

Selling to Singapore

How people there prefer to pay online.

1Visa / Mastercard
2PayNow
3GrabPay
4Apple Pay

Stablecoin rules in Singapore

Low riskClear rules

A licensing regime for stablecoins is in force.

Rain’s stablecoin products are available to businesses here.

Everything about 🇸🇬 Singapore →

Common questions

Does Rain work in Singapore?

Partly. Rain is limited for businesses registered in Singapore: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Rain products can a business in Singapore use?

business cards and stablecoins, with limits.

What are the alternatives to Rain in Singapore?

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

Can a business in Singapore use Rain for stablecoins?

Yes, 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.