Shopify Payments is available in Singapore. Online card fees start at 3.2% plus S$0.50 per transaction on the Basic plan and drop to 3.0% plus S$0.50 on Advanced. There are no monthly fees and no setup costs. However, PayNow and GrabPay are not supported through Shopify Payments in Singapore. Here is the complete fee breakdown, including what that gap means for your checkout and how to structure your payment setup as a Singapore seller.
Quick answer: Shopify Payments SG card fee: 3.2% + S$0.50 (Basic), 3.1% + S$0.50 (Grow), 3.0% + S$0.50 (Advanced). No PayNow. No GrabPay. No monthly fee. Currency conversion: +2.0%. Third-party transaction surcharge waived when using Shopify Payments as primary gateway. SGD checking account and Singapore-registered business required to activate.
Shopify Payments Singapore Fee Comparison
All fees sourced from shopify.com/sg/pricing and cross-referenced against Airwallex’s independent Singapore research (reviewed 30 March 2026) and stripe.com/en-sg/pricing.
| Gateway | Plan | Online Card Fee | Fixed Fee | Settlement |
|---|---|---|---|---|
| Shopify Payments | Basic (S$29/mo) | 3.2% | S$0.50 | Standard payout schedule |
| Shopify Payments | Grow (S$99/mo) | 3.1% | S$0.50 | Standard payout schedule |
| Shopify Payments | Advanced (S$399/mo) | 3.0% | S$0.50 | Standard payout schedule |
| Shopify Payments | Plus | Custom | Custom | Standard payout schedule |
| Stripe Singapore | All plans | 3.4% | S$0.50 | Standard schedule |
| HitPay Singapore | All plans | 2.8% | S$0.50 | Next business day |
Standard card: Visa, Mastercard, Amex, UnionPay. Shopify Payments rates from shopify.com/sg/pricing (verified March 2026 per Airwallex). Stripe from stripe.com/en-sg/pricing (verified March 2026 per Airwallex). HitPay from hitpayapp.com/pricing (verified June 2026 per HitPay’s own published data).
No monthly fee on any plan for card processing through Shopify Payments. Plus merchants receive custom pricing negotiated directly with Shopify.
What Shopify Payments Covers in Singapore
Shopify Payments activates directly from your Shopify admin settings under Payments. No separate merchant account is required, and all transaction management sits within the same Shopify dashboard.
Payment methods accepted through Shopify Payments in Singapore:
- Visa, Mastercard, American Express, UnionPay (credit and debit)
- Apple Pay, Google Pay
- Shop Pay (Shopify’s accelerated checkout)
- USD Coin (USDC) as a cryptocurrency payment option
All card transactions are processed under PCI DSS Level 1, the highest available certification for payment card data security. 3D Secure is enabled by default for card-not-present transactions, providing an additional authentication layer against fraud. The underlying payment processor for Shopify Payments in Singapore is Stripe Payments Singapore Pte. Ltd., per the Shopify Payments Terms of Service for Singapore.
Currency conversion fee: When a buyer pays in any currency other than SGD, a 2.0% currency conversion fee applies on top of the standard card rate. The conversion itself uses the mid-market exchange rate with no additional markup, per Shopify’s documentation for international pricing. At a S$100 order from an international buyer paying in USD: 3.2% plus S$0.50 (card fee) plus 2.0% (conversion) equals 5.2% plus S$0.50 in total fees on a Basic plan.
No monthly fees, no minimum volume. If a card transaction fails before capture, no processing fee is charged. The minimum payout amount to your Singapore bank account is S$1.00, per Shopify’s published Singapore payout documentation.
The PayNow and GrabPay Gap
This is the most important limitation for Singapore Shopify sellers: PayNow, GrabPay, and ShopeePay are not available as payment methods through Shopify Payments in Singapore as of July 2026.
Per Shopify’s official help documentation for Singapore (help.shopify.com/en/manual/payments/shopify-payments/supported-countries/singapore), the local payment methods displayed at checkout through Shopify Payments are based on the buyer’s location. The methods listed for Singapore-based customers do not include PayNow, GrabPay, or ShopeePay. This has been independently confirmed by both Airwallex’s Singapore payments research (March 2026) and HitPay’s gateway comparison (June 2026).
Why this matters: PayNow is widely used by Singapore residents for online purchases because it requires no card and no app login beyond their bank app. GrabPay is integrated into the GrabRewards loyalty system that many Singapore shoppers actively use. A checkout that only displays card fields will lose buyers who prefer to pay through their bank account or wallet without entering card details.
What the available alternatives charge: If you want to accept PayNow or GrabPay on your Shopify store, you need a third-party payment gateway. The main options and their local payment method fees:
| Gateway | PayNow Fee | GrabPay Fee | ShopeePay |
|---|---|---|---|
| Stripe SG | 1.3% | 3.3% | Not available |
| HitPay SG | 0.65% + S$0.30 (over S$100), 0.9% min S$0.20 (under S$100) | Available | Available |
| Airwallex SG | Not available | Available | Available |
Stripe fees from stripe.com/en-sg/pricing (verified March 2026 per Airwallex). HitPay fees from hitpayapp.com/pricing (verified June 2026 per HitPay). Airwallex SG fees from airwallex.com/en-sg/payments.
On a S$100 PayNow order, Stripe charges S$1.30 and HitPay charges S$0.95 (0.65% plus S$0.30). Both are significantly lower than card processing rates, which is why PayNow acceptance matters beyond just convenience.
The Third-Party Gateway Transaction Fee
When you use any third-party payment gateway on Shopify instead of Shopify Payments, Shopify charges an additional transaction fee on top of the gateway’s own processing rate. This fee is published on shopify.com/sg/pricing (verified March 2026 per Airwallex):
| Shopify Plan | Third-Party Transaction Fee |
|---|---|
| Basic (S$29/mo) | 2.0% per order |
| Grow (S$99/mo) | 1.0% per order |
| Advanced (S$399/mo) | 0.6% per order |
| Plus | 0% |
This creates a significant stacking cost on lower-tier plans. A Basic plan merchant using Stripe to accept PayNow and card payments pays:
- Card payment (S$100 order): Stripe 3.4% plus S$0.50 plus Shopify 2.0% = 5.4% plus S$0.50 effective cost
- PayNow payment (S$100 order): Stripe 1.3% plus Shopify 2.0% = 3.3% effective cost
The same merchant using Shopify Payments for card payments (which waives the 2.0% transaction fee) pays 3.2% plus S$0.50 per card transaction.
At S$50,000/month in card volume on Basic plan: A merchant routing all cards through Stripe pays Shopify an additional S$1,000 in transaction fees per month. Routing those cards through Shopify Payments instead eliminates that cost entirely while slightly reducing the per-transaction percentage fee as well.
The dual-gateway approach: Many Singapore Shopify merchants activate Shopify Payments as their primary gateway for card processing (eliminating the transaction surcharge), and add HitPay or Stripe as a secondary gateway to enable PayNow, GrabPay, and ShopeePay. The secondary gateway’s PayNow transactions still incur the transaction fee on Basic and Grow plans, but PayNow transaction volumes and values are typically lower than card volumes, making the blended cost more manageable.
On Advanced and Plus plans, where the surcharge drops to 0.6% or 0%, the case for running a dedicated local payment gateway becomes much cleaner.
Singapore Eligibility and Setup Requirements
To activate Shopify Payments in Singapore, you need the following, per Shopify’s published requirements for Singapore:
1. Singapore-registered business. Sole proprietors and registered companies are both eligible. You must be a legal resident of Singapore or operate a duly registered business entity authorized to conduct business in Singapore. Overseas businesses cannot activate Shopify Payments Singapore.
2. SGD checking account at a Singapore bank. The account must be enabled for FAST or RTGS transfers. Savings accounts, flex-currency accounts, and accounts from money transfer services are not accepted as payout accounts. This includes Airwallex accounts, Wise accounts, and similar fintech platforms.
3. Business verification. You will be asked for your Unique Entity Number (UEN) if applicable, and personal and business information for the account owner and any directors. Singapore merchants can use Singpass MyInfo for a faster verification process, which Shopify recommends.
4. Prohibited business compliance. Certain business categories cannot use Shopify Payments. The restricted and prohibited business list is maintained by Stripe (the underlying payment processor) and can be found in Shopify’s Terms of Service for Singapore.
Per Shopify’s setup documentation, activation takes approximately 10 to 15 minutes to complete. After submission, Shopify and Stripe conduct an underwriting review before your account is fully activated for payouts. Funds may be held during this review period.
Shopify Payments vs Stripe: Singapore Side by Side
Stripe is the most direct comparison because it is the payment processor that powers Shopify Payments in Singapore. Here is how they compare when used independently as your primary Shopify gateway:
| Feature | Shopify Payments (Basic) | Stripe Singapore (Basic plan) |
|---|---|---|
| Online card fee | 3.2% + S$0.50 | 3.4% + S$0.50 |
| PayNow | Not available | 1.3% |
| GrabPay | Not available | 3.3% |
| Apple Pay / Google Pay | Yes | Yes |
| Monthly fee | None | None |
| Setup fee | None | None |
| Shopify transaction surcharge | Waived | 2.0% (Basic plan) |
| Currency conversion fee | 2.0% | 2.0% |
| International card surcharge | Included in card rate | +0.5% per transaction |
| PCI DSS compliance | Level 1 | Level 1 |
| Settlement | Standard payout schedule | Standard schedule |
Shopify Payments from shopify.com/sg/pricing. Stripe from stripe.com/en-sg/pricing. Both verified via Airwallex research, March 2026.
On cards alone: Shopify Payments Basic is 0.2 percentage points cheaper per transaction than Stripe Singapore. Over S$100,000 in monthly card volume, that gap is S$200/month on the percentage fee alone, before accounting for the 2.0% transaction surcharge Shopify adds to Stripe transactions on Basic plan.
On PayNow: Stripe wins by default because Shopify Payments does not support PayNow in Singapore. If PayNow acceptance is essential, Stripe’s 1.3% rate is higher than HitPay’s 0.65% to 0.9% range but requires no separate gateway app.
On the Advanced plan: The third-party transaction fee drops to 0.6%. At that level, the math shifts. HitPay charges 2.8% plus S$0.50 for card transactions vs Shopify Payments at 3.0% plus S$0.50. On Advanced plan, using HitPay as your primary gateway costs 2.8% plus 0.6% surcharge = 3.4% effective card rate, vs Shopify Payments at 3.0%. Shopify Payments still wins on cards at Advanced. It also wins on Plus, where the surcharge disappears entirely on third-party gateways, but HitPay’s 2.8% rate would then undercut Shopify Payments’ custom rate only at high volume.
Verdict: When to Use Shopify Payments in Singapore
Shopify Payments is the right choice if:
- Your customers primarily pay by credit or debit card, Apple Pay, or Google Pay
- You are on Basic or Grow plan and want to eliminate Shopify’s 2.0% or 1.0% per-order transaction surcharge
- You do not need PayNow, GrabPay, or ShopeePay at checkout (for example, if you sell primarily to international buyers)
- You want unified reporting with orders, payments, and payouts all visible in one Shopify admin
Do not rely on Shopify Payments alone if:
- PayNow acceptance matters to your buyers (it does for most Singapore-focused stores)
- You need GrabPay, ShopeePay, or local BNPL options at checkout
- Your product category attracts buyers who actively prefer local payment methods over card entry
Recommended setup for most Singapore sellers on Basic or Grow plans: Activate Shopify Payments as your primary gateway for card transactions. Add HitPay as a secondary gateway to enable PayNow, GrabPay, ShopeePay, and BNPL. The 2.0% transaction surcharge applies to HitPay orders on Basic plan, but HitPay’s PayNow rate (0.65% to 0.9%) plus the 2.0% surcharge still totals less than 3.0%, and you preserve the lower card processing rate on your majority card volume through Shopify Payments.
On Advanced or Plus: The surcharge drops to 0.6% or 0%, making it practical to choose the best gateway for each payment method independently without significant penalty.
Frequently Asked Questions
Is Shopify Payments available in Singapore?
Yes. Singapore is a supported country for Shopify Payments. Merchants with a Singapore-registered business and a SGD checking account at a Singapore bank (enabled for FAST or RTGS) can activate Shopify Payments directly from their Shopify admin under Settings, then Payments. Activation is subject to identity and business verification by Shopify and its payment processor, Stripe Payments Singapore Pte. Ltd.
What are the Shopify Payments fees for Singapore merchants?
For online card transactions, Shopify Payments charges 3.2% plus S$0.50 on the Basic plan (S$29/month), 3.1% plus S$0.50 on the Grow plan (S$99/month), and 3.0% plus S$0.50 on the Advanced plan (S$399/month). Plus plan pricing is custom. A 2.0% currency conversion fee applies when buyers pay in a currency other than SGD. There is no monthly fee for card processing and no setup cost. Rates sourced from shopify.com/sg/pricing, cross-referenced against Airwallex’s independent research (March 2026).
Does Shopify Payments support PayNow in Singapore?
No. Per Shopify’s official help documentation and independent research from Airwallex (March 2026) and HitPay (June 2026), PayNow is not available as a local payment method through Shopify Payments in Singapore. To accept PayNow on a Shopify store, you need to integrate a third-party payment gateway: Stripe charges 1.3% per PayNow transaction, and HitPay charges 0.65% plus S$0.30 for orders over S$100. On Basic plan, Shopify’s 2.0% transaction surcharge applies on top of the third-party gateway’s rate.
How does Shopify Payments compare to Stripe for Singapore sellers?
On card payments, Shopify Payments Basic (3.2% plus S$0.50) is slightly cheaper per transaction than Stripe Singapore (3.4% plus S$0.50). The larger difference is Shopify’s transaction surcharge: using Stripe on a Basic plan adds 2.0% to every order on top of Stripe’s rates. Shopify Payments waives this surcharge entirely for merchants who use it as their primary gateway. On PayNow and GrabPay, Stripe is the only option between the two, since Shopify Payments does not support these methods in Singapore.
Can I use Shopify Payments and a third-party gateway at the same time in Singapore?
Yes. Shopify allows merchants to activate Shopify Payments as their primary gateway while also connecting a third-party provider for specific payment methods. This is a common setup for Singapore sellers who want card processing at the Shopify Payments rate (with the transaction surcharge waived), and PayNow or GrabPay acceptance via a secondary gateway such as HitPay. The third-party transaction fee (2.0% on Basic, 1.0% on Grow, 0.6% on Advanced) applies to orders processed through the secondary gateway.
Keep Reading
- Best Payment Gateways for Ecommerce in Singapore – compare HitPay, Stripe, Tazapay, and PayNow-integrated options side by side
- Stripe Singapore Fees: Complete Breakdown – full fee breakdown including PayNow rates, cross-border surcharges, and GST on fees
- Omise Singapore – Opn Payments (formerly Omise) fee breakdown and integration options for Singapore merchants