Payment methods

Accept PayNow – Singapore’s leading real-time payment method

PayNow is Singapore’s leading real-time payment method. Customers can pay using their mobile numbers, identification numbers or via QR code with their preferred banking app. No cards or cash required. Backed by the Association of Banks in Singapore and supported through the FAST network, it provides a secure, cost-effective way to accept payments online. It’s a highly affordable payment method in Singapore, and a must-have for merchants operating in this market.

A cost-effective option for ecommerce in Singapore

With instant confirmation, wide consumer adoption, and support from leading banks and wallets, PayNow is a must-have for merchants operating in Singapore.

Lower costs than cards

PayNow is one of the most cost-efficient payment methods in Singapore. It’s ideal for driving down transaction fees in high-volume ecommerce environments.

Built for local shoppers

Customers can complete checkout using banking apps they already use and trust. It's a familiar experience that increases conversion.

Instant confirmation

Payments are processed in real-time. That means faster order confirmation, improved customer experience, and no waiting around for authorization.

Regulatory confidence

Built on Singapore’s FAST network and backed by ABS and MAS, PayNow offers a compliant, secure, and fully interoperable way to move money.

Add PayNow to your payments flow

Let's get you up and running with PayNow so you can get more value from every transaction. Reach out to our local experts today.

Accept PayNow with Checkout.com

Expand your reach and drive better conversion with the payments methods your customers love. Wherever they are.

Payment type

Digital Wallet, Account to Account

Min transaction amount

0.01 SGD

Refunds

Yes
No

Implementation channels

Desktop and mobile

Merchant
countries *

Singapore

Business countries for PayNow

Singapore
View all

Max transaction amount

200,000 SGD

Partial refunds

Yes
No

Processing model

Collecting

Consumer countries

Singapore

Consumer countries for PayNow

Singapore
View all

Processing currency *

SGD

Recurring transactions

Yes
No

Settlement currency

SGD

Disputes

Yes
No
* Subject to service agreements, legal entity location and presence, and company compliance approval.