Top 9 Stripe alternatives in Singapore (2026): Compare fees and features

Key Takeaways:

• Stripe is a payment platform that lets Singapore businesses accept online payments, support local and international payment methods, and manage payment-related functions such as billing, payouts, and currency conversion.

• The right alternative depends on what you need, whether that’s local payment methods like PayNow and GrabPay, multi-currency settlement, or point-of-sale support.

• Like Stripe, Airwallex offers a payment gateway in Singapore. It lets businesses accept payments through 160+ local payment methods, compared with Stripe's 100+ payment methods.

If you're searching for Stripe alternatives in Singapore, this guide compares nine options across fees, local payment methods, and key features.

Stripe is a solid payment gateway for many businesses, but it isn't always the most cost-effective or feature-rich option, especially if you're selling to customers in multiple countries.

What is Stripe?

Stripe is a payment technology company that lets businesses accept online and in-person payments. It offers a payment gateway, a point-of-sale system called Stripe Terminal, and tools for subscriptions, invoicing, and fraud detection.

Stripe is popular with developers for its flexible APIs, but businesses looking for built-in multi-currency accounts, lower FX costs, or simpler local payment method support may find a better fit elsewhere.

Information in this section is based on Stripe’s official website as of 17 Sep 2026.

Compare the top 9 Stripe alternatives in Singapore

The table below compares all nine alternatives across the fees and features that matter most to Singapore businesses.

This information is based on publicly available information accessed on 17 Sep 2026. Information reflects Airwallex's own research and has not been independently verified.

HitPay has an “FX & Payouts” product, but it’s an API that enables platforms to embed cross-border payouts into their own products, rather than a general-purpose FX and international transfer service for businesses. It’s therefore marked as not having FX & Transfers in the table.

1. Airwallex

Airwallex is a strong Stripe alternative for businesses that sell across multiple markets and need more flexibility around how they receive and manage international payments.

The key difference is how the two platforms handle multi-currency settlement. With Stripe, if you want to settle payments in a foreign currency, you need to set up a bank account in that currency.⁹

With Airwallex, it’s much simpler; payments in supported currencies settle directly into your multi-currency wallet, no separate bank accounts needed. This makes it easier for you to avoid unnecessary conversions and reduce FX fees.

If you do have to convert, Airwallex’s rates are also more competitive: our FX is priced at 0.4% to 0.6% above interbank, as compared to Stripe’s additional 2% fee when currency conversion is needed.¹⁰

Features:

• Accept payments through 160+ local payment methods across 180+ countries

• Accept payments both online and in person with Airwallex Checkout and POS

• Like-for-like settlement in 14 currencies for Singapore businesses

• Multi-currency business account for holding and managing funds

• ML-powered payment optimisation through Optimize 360, including smart retries, 3DS logic, and ISO message optimisation

• Payment APIs for customised payment experiences and platform or marketplace use cases

Airwallex has no monthly fees (on the Explore plan), no setup fees, and no minimum balances.

2. Adyen

Adyen is best known for serving larger, international businesses that need payments across multiple markets and sales channels.

Its biggest differentiator is that acquiring, payment processing, online checkout, and in-person payments are built into the same platform, rather than requiring separate providers or systems for different channels.

It is particularly well suited to established businesses with complex payment requirements, especially retailers and global brands operating across multiple countries.

Singapore is also a direct acquiring market for Adyen, giving merchants access to Visa and Mastercard through its local acquiring setup.

Features:

• Online, in-app, and in-person payment acceptance through one platform

• 200+ payment methods through a single integration

• Direct card acquiring in Singapore and other markets

• Unified commerce that connects online and offline payment data

• Global and local payment methods for international expansion

• Payment optimisation tools to improve authorisation and conversion rates

• In-person payments through Adyen terminals, Tap to Pay, and other POS solutions

For a more in-depth look at Adyen, read our Adyen Singapore review.

Information in this section is based on Adyen’s official website as of 17 Sep 2026.

3. PayPal

PayPal is best known for its consumer-facing wallet and the familiarity it brings to online checkout. For merchants, that makes it useful when reaching customers who already have a PayPal account and prefer not to enter their card details directly on a website.

It is particularly useful for eCommerce businesses that want to offer PayPal alongside card payments, rather than replace their entire payments stack with a single provider.

It also suits businesses that want a relatively straightforward way to add online payments without building a highly customised payment infrastructure.

Features:

• PayPal wallet and card payment acceptance

• Apple Pay support for eligible Singapore merchants

• Payment Links for accepting payments without a dedicated checkout

• Invoicing and recurring payments

• Extensive eCommerce platform integrations

• Checkout customisation and developer APIs through PayPal Checkout

• Fraud protection and transaction monitoring tools

Information in this section is based on PayPal’s official website as of 17 Sep 2026.

4. HitPay

HitPay is built with Southeast Asian SMEs in mind, particularly businesses that need to accept payments through a mix of online, in-person, and social channels.

Its strength is the practical combination of payment acceptance and lightweight business tools, rather than the more developer-heavy infrastructure offered by larger global payment providers.

It is particularly well suited to retailers, F&B businesses, service providers, and social sellers that want to start accepting payments without building a complex payment stack.

Businesses expanding across Southeast Asia can also use HitPay to accept local payment methods in multiple markets.

Features:

• Accept PayNow, cards, e-wallets, BNPL, bank transfers, and QR payments

• Online checkout and in-person payments through HitPay POS

• Payment Links and invoicing for collecting payments without a full online checkout

• POS with product, inventory, sales, and multi-location management

• Recurring billing for subscriptions and repeat payments

• Plugins for platforms including Shopify, WooCommerce, and Wix

• Cross-border payment options across Southeast Asian and other international markets

Information in this section is based on HitPay’s official website as of 17 Sep 2026.

5. Checkout.com

Checkout.com is built for businesses where payment performance and international scale are central to the checkout experience.

It is particularly known for combining global payment processing with local acquiring, giving merchants more control over how transactions are processed in different markets rather than treating every payment as a cross-border transaction.

It is best suited to established, high-growth businesses with more complex payment requirements, including eCommerce companies, marketplaces, and businesses expanding into multiple markets.

Features:

• Direct acquiring across 57 domestic processing countries

• Cards, digital wallets, bank transfers, and local payment methods

• Intelligent Acceptance to optimise payment authorisation

• Fraud detection using rules and machine learning

• Single payments API with hosted checkout and developer tools

• Payment optimisation, reporting, and transaction-level data and insights

Information in this section is based on Checkout.com’s official website as of 17 Sep 2026.

6. Braintree

Braintree is PayPal's payments platform for businesses that want greater control over the checkout experience than a standard PayPal integration provides.

Its developer-oriented approach makes it particularly relevant for companies building custom websites, mobile apps, or marketplace experiences where payments need to be integrated closely into the product.

It works best for businesses that want to support cards and digital wallets while retaining control over the payment flow.

Features:

• Accept credit and debit cards through a customisable checkout

• PayPal and eligible digital wallet support

• Developer APIs and SDKs for web and mobile integrations

• Support for recurring billing and subscription payments

• Vault for securely storing customer payment information

• Marketplace and platform payment capabilities

• Fraud protection and risk management tools

Information in this section is based on Braintree’s official website as of 17 Sep 2026.

7. 2C2P

2C2P is particularly strong for businesses selling across Southeast Asia, where payment preferences and infrastructure vary significantly from one market to another.

Its regional roots and extensive local payment network make it especially relevant for businesses that need to reach customers who do not necessarily pay by card, including customers using wallets, bank-based methods, instalments, or over-the-counter payment points.

It works best for established businesses with regional ambitions, particularly retailers, marketplaces, F&B, travel, and other businesses with customers across multiple Southeast Asian markets.

Features:

• 400+ payment methods across Southeast Asia

• Over-the-counter payment acceptance through 600,000+ payment points across Asia

• Online and offline payment acceptance through a single integration

• Payment Links for accepting payments through websites and social media

• Instalment payment plans and subscription payment capabilities

• Multi-currency pricing for displaying and collecting payments in local currencies

• Payouts and remittance services for moving funds to sellers, suppliers, and partners

Information in this section is based on 2C2P’s official website as of 17 Sep 2026.

8. Xendit

Xendit is particularly known for building payments around the way businesses in Southeast Asia actually collect and move money.

Rather than focusing primarily on cards, it connects merchants to local payment rails across the region, making it useful for businesses that want to expand into neighbouring markets without building a separate payments setup for each country.

It works particularly well for growing Southeast Asian businesses, eCommerce companies, marketplaces, and other businesses that need both payment collection and payouts.

Features:

• Accept local payment methods across Southeast Asia, including PayNow, cards, bank transfers, and e-wallets

• Online checkout, Payment Links, and APIs for custom payment flows

• Automated payouts and batch payouts through APIs or dashboard uploads

• Subscription billing and recurring payments

• Cross-border collections, payouts, and FX across Southeast Asia

• Marketplace and platform payments, including sub-merchant onboarding, split payments, and platform fees

Information in this section is based on Xendit’s official website as of 17 Sep 2026.

9. Nium

Nium is quite different from the other Stripe alternatives on this list. It is primarily a global payments infrastructure for businesses, platforms, fintechs, and financial institutions, rather than a conventional merchant checkout provider.

Its strength is the money-movement layer behind businesses that need to collect, convert, hold, and send funds across borders.

It is particularly well suited to marketplaces, payroll platforms, fintechs, travel businesses, and other companies with significant cross-border payment flows.

Features:

• Multi-currency accounts that support holding, converting, and collecting funds

• Global FX infrastructure for converting and moving funds across markets

• Physical and virtual card issuance for business use cases

• Account verification to validate beneficiary details before payments are sent

• API, SDK, and portal-based integration for embedded payments and money movement

Information in this section is based on Nium’s official website as of 17 Sep 2026.

What questions should I ask when choosing a Stripe alternative?

Before you commit to a payment platform, it is worth asking these questions to make sure it fits how your business actually operates.

What are the total fees?

Look beyond the transaction percentage. Factor in fixed fees per transaction, foreign currency fees, currency conversion fees, and any add-on costs for features like invoicing or recurring billing. The cheapest headline rate is not always the cheapest option in practice.

Which local payment methods does it support?

In Singapore, PayNow and GrabPay are widely used. If your customers expect these at checkout and you cannot offer them, you will lose sales. For businesses selling across Southeast Asia, check which methods are supported market by market.

Do I need a developer to set it up?

Some platforms require engineering resources to integrate and maintain. Others like Airwallex offer no-code options that let you get started without technical help.

How does it handle international transactions?

If you accept payments in foreign currencies, check whether the platform auto-converts to SGD (and at what cost), or whether you can hold and use foreign currencies directly. This one decision can have a significant impact on your margins over time.

What is the payout schedule?

Knowing when funds hit your account matters for cash flow planning. Some platforms settle the next day; others take several business days. Check whether faster payouts are available and whether they come at an extra cost.

Does it integrate with my existing tools?

Your payment platform should connect cleanly to your eCommerce platform, accounting software, and any other business tools you rely on. Friction in these integrations creates manual work and increases the risk of errors.

Is there local support in Singapore?

When something goes wrong, you want to reach a support team that understands Singapore's payment landscape and can respond quickly. Check whether the provider has a local team or Singapore-specific support channels.

Why Singapore businesses choose Airwallex

Airwallex gives Singapore businesses a broader payments and financial operations setup, particularly when they collect and move money across multiple currencies. Here’s what you get with Airwallex:

• 160+ local payment methods: Accept payments through 160+ local payment methods, compared with Stripe’s 100+ payment methods.

• Easier settlement: Settle payments in supported currencies directly into your Airwallex multi-currency wallet. With Stripe, you need to add a bank account in each additional currency you want to settle in.⁹

• Lower FX fees: When currency conversion is required, Airwallex charges 0.4% to 0.6% above the interbank rate, saving you up to 80% on FX fees as compared to traditional banks. Stripe charges an additional 2% when currency conversion is required.

Frequently asked questions (FAQs)

What is the best Stripe alternative in Singapore?

The best Stripe alternative in Singapore depends on your business needs, including payment methods, transaction fees, multi-currency settlement, POS, and financial management tools. Airwallex, Adyen, PayPal, HitPay, Checkout.com, Braintree, 2C2P, Xendit, and Nium all offer different combinations of payment acceptance and financial services, so businesses should compare the features and pricing that matter most to them.

Which Stripe alternatives support PayNow in Singapore?

Several Stripe alternatives support PayNow in Singapore, including Airwallex, HitPay, Xendit, 2C2P, Adyen, and PayPal. PayNow support can vary by provider and product, so check whether the provider supports the specific PayNow payment flow you need, such as PayNow QR or online checkout.

Do I need a developer to switch from Stripe to an alternative?

You may not need a developer to switch from Stripe to an alternative, depending on how your current payment setup is built. Providers such as Airwallex offer hosted checkout, payment links, plugins, or other low-code options, while businesses using custom Stripe integrations or APIs may need developer support to replace the existing integration and update payment flows.

What should I look for in a Stripe alternative if I sell across Southeast Asia?

If you sell across Southeast Asia, look for a Stripe alternative that supports the local payment methods, currencies, and payment rails used in each market you serve. You should also compare local acquiring coverage, settlement currencies, FX fees, cross-border payouts, and whether the provider supports multiple markets through a single integration. Airwallex gives you 160+ local payment methods and free transfers to 120+ countries via local rails.

Are there Stripe alternatives in Singapore with no monthly fees?

Yes. Airwallex offers a free Explore plan with no monthly subscription fee, so Singapore businesses can access its core payment and business account features without paying a recurring platform fee. Transaction fees and other charges may still apply depending on the products and services you use.

Sources:

1. adyen.com/pricing, https://www.adyen.com/en_SG

2. https://www.paypal.com/sg/enterprise/payment-methods, https://www.paypal.com/tg/business/paypal-business-fees

3. hitpayapp.com/sg/pricing

4. https://www.checkout.com/pricing

5. https://www.paypal.com/sg/enterprise/paypal-braintree-fees, https://www.paypal.com/sg/enterprise/payment-processing

6. https://2c2p.com/payment-methods/?_p=1&terms=card-schemes, https://2c2p.com/countries/singapore/?countries_page=singapore 

7. https://www.xendit.co/en-sg/pricing/, https://www.xendit.co/en-sg/products/all-payment-methods/

8. https://www.nium.com/

9. https://docs.stripe.com/currencies

10. https://stripe.com/en-sg/pricing