Today, we’re excited to fully launch Stripe to all Singaporean businesses—any entrepreneur in Singapore can now instantly start accepting payments.
Since our beta launch just last year, we’ve been thrilled to work with many innovative Singaporean companies to start and scale their businesses. Between subscription companies like Tradegecko and Guavapass, on-demand platforms like Grab, e-commerce startups like Grain and Hipvan, and new kinds of marketplaces like Oddle, more than 50% of venture-backed companies in Singapore now use Stripe. In addition, we’ve worked with global platforms like Shopify, Deliveroo, and Kickstarter to make their services available in Singapore.
With more than 90% of the population already using a smartphone, Singapore is one of the heaviest adopters of mobile technology in the world. And so, out of the box, we’ll enable Singaporean businesses to accept both Apple Pay and Google Pay.
Pricing is simple and predictable: 3.4% + S$0.50 per successful charge. Volume pricing is available for businesses at scale—please get in touch if you expect to process more than S$50,000 a month.
Founded as a nexus for trade between India, China, and Europe, Singapore embodies international commerce. We’re excited to support the next generation of global businesses being built by Singaporean entrepreneurs.
On that note, we’d love to grow our team in Singapore to help more businesses manage their global payments easily and securely. If you’d like to work with us in Singapore, or elsewhere, please reach out!