How people pay online
Taking payments from abroad
- Stripe supports PayNow only for Stripe accounts based in Singapore, for customers in Singapore paying in SGD; Stripe marks it as domestic only, not cross-border. 2
- Antom lists PayNow for Singapore buyers in SGD with merchant entities in Singapore, Hong Kong, the UK, the US or the EEA. 3
- Stripe supports GrabPay for customers in Singapore and Malaysia, but only for Stripe accounts based in Singapore or Malaysia. 4
Import tax and duty on parcels
- Since 1 January 2023, overseas sellers must charge GST on business-to-consumer sales of low-value goods, defined as goods worth S$400 or less delivered to Singapore by air or post. 5
- An overseas seller must register for GST if its global turnover exceeds S$1 million and its sales of low-value goods and remote services to Singapore consumers exceed S$100,000. 5
- The GST rate went from 8% to 9% on 1 January 2024. 5
- Where the CIF value of goods is over S$400 at import, GST is paid at the point of importation instead. 5
Where to reach buyers
Marketplaces
Common questions
How do people in Singapore pay online?
Cards accounted for 44% of e-commerce spending (US$10.8 billion) in 2025, and digital wallets for 40% (US$10 billion). More on payments
Can a business outside Singapore accept the payment methods people there use?
Stripe supports PayNow only for Stripe accounts based in Singapore, for customers in Singapore paying in SGD; Stripe marks it as domestic only, not cross-border. More on taking payments
Do customers in Singapore pay import tax or duty on goods bought from abroad?
Since 1 January 2023, overseas sellers must charge GST on business-to-consumer sales of low-value goods, defined as goods worth S$400 or less delivered to Singapore by air or post. More on import tax
Where should a business advertise to reach buyers in Singapore?
Singapore had 5.33 million social media user identities in October 2025, 90.6% of the population. More on ads
Which online marketplaces are biggest in Singapore?
Shopee ranked first by ecommerce GMV in all six Southeast Asian markets Momentum Works tracks, Singapore included, in 2025. More on marketplaces
Sources
- Worldpay press release on the Global Payments Report 2026, via Treasury Today, 2026 treasurytoday.com
- Stripe Docs, PayNow payments, 2026 docs.stripe.com
- Antom Docs, PayNow, 2026 docs.antom.com
- Stripe Docs, GrabPay payments, 2026 docs.stripe.com
- IRAS e-Tax Guide, Taxing imported low-value goods by way of the overseas vendor registration regime (5th edition), 2026 iras.gov.sg
- DataReportal, Digital 2026: Singapore, 2026 datareportal.com
- Momentum Works, Southeast Asia platform ecommerce report (4th edition), 2026 thelowdown.momentum.asia
- TechNode Global, report on Momentum Works ecommerce data, 14 April 2026 technode.global
Rules and fees change. Check the source before you rely on a figure, and see a tax adviser for your own case. Spotted a mistake? Tell us.