Adyen Singapore: Features, fees & alternatives (2026)

Key Takeaways:

• Adyen Singapore is a Major Payment Institution licensed by MAS, offering online, in-person, and platform payment solutions for enterprise-scale businesses.

• Adyen uses Interchange++ pricing for major cards plus a fixed processing fee per transaction. This is transparent, but harder to forecast than blended pricing.

• Airwallex goes beyond Adyen by combining payments, multi-currency accounts, transfers, and Corporate Cards in one platform. It also gives you free transfers to 120+ countries via local payment rails and Corporate Cards in 60+ countries.

Adyen Singapore is the local arm of Adyen N.V., a Dutch payments platform that processes online, in-app, and in-store payments for some of the world's largest companies. It supports a wide range of local payment methods and holds a Major Payment Institution licence from the Monetary Authority of Singapore (MAS).

This guide breaks down what Adyen Singapore offers in 2026, including its core products, fees, who it's built for, and how to set it up.

What does Adyen Singapore do?

Adyen Singapore connects local and international merchants to card networks and payment methods through a single integration, covering online, in-app, and in-person channels.

Company background

Globally, Adyen processes more than €1.4 trillion in payments annually, supports 150+ currencies and 200+ local payment methods, and operates 29 offices with historical platform uptime of 99.999%.¹

The Singapore office at 109 North Bridge Road, #10-22 Funan, is one of Adyen's regional headquarters.²

MAS licensing

Adyen Singapore Pte Ltd is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act 2019.

It received its initial licence for cross-border money transfer services on 28 January 2020, and that licence was expanded on 1 May 2021 to cover merchant acquisition and domestic money transfer services.³

Adyen payment solutions

Adyen brings online, in-person, and platform payments together under one integration. Here's what each part of the offering looks like for a Singapore business:

Online payment gateway

Adyen's payment gateway lets you accept payments on your website or app. Globally, Adyen supports 200+ local payment methods,¹ which means you can offer customers their preferred way to pay — for example, GrabPay for Singapore shoppers, or Alipay and WeChat Pay for buyers in China.

You can also offer Dynamic Currency Conversion (DCC) at the point of payment, which gives shoppers from abroad the choice to pay in their own currency. DCC is supported in Singapore for contact chip and contactless Visa, Mastercard, and Maestro payments.⁴

In-person payments

Adyen's in-person offering covers a range of countertop, mobile, and Tap-to-Pay solutions, with Singapore listed among Adyen's supported markets for in-person payments.⁴ Tap to Pay on iPhone and Android lets you accept payments on a smartphone without a separate card reader.

If you run both an online store and physical retail, Adyen's Unified Commerce links the two. All your payment data feeds into one system, which makes reconciliation simpler and gives you a fuller view of customer behaviour across channels.⁵

Adyen for Platforms

If you run a marketplace or software-as-a-service platform, Adyen for Platforms lets you embed payments into your product. You can onboard sellers, accept payments across channels, and pay out funds — all through one integration.

Adyen for Platforms supports 33+ countries across 23 languages, including Singapore and Australia in APAC.⁶ It also supports split payments, so you can automatically allocate transaction value between your sellers, your platform commission, and any third parties involved.⁷

Adyen’s financial products

A note on financial products: Adyen also offers Accounts, Card Issuing, and Capital as add-ons to its Platforms product — but these are currently available in Europe, the UK, and US only.¹ Singapore-based platforms can't access them yet.

Adyen Singapore's fees and pricing

Adyen does not charge setup fees or monthly fees. Instead, every transaction is billed as a fixed processing fee plus a payment method fee.⁸ The exact rate depends on the card or wallet your customer uses.

Fixed processing fee

Adyen applies a fixed processing fee of US$0.13 per transaction across all payment methods.⁸ This fee sits on top of the variable payment method fee for every payment you accept.

Card payment fees

For Visa, Mastercard, and Maestro, Adyen uses Interchange++ pricing in Singapore.

The fee is US$0.13 + interchange + 0.60%.⁸ Interchange and scheme fees are passed through directly from the card networks, which gives you full visibility but makes the per-transaction cost variable rather than fixed.

For Diners, Discover, and JCB, the standard fee is US$0.13 + 3.95%, with Interchange++ pricing applied in specific situations.⁸

Local payment method fees in Singapore

Adyen publishes Singapore-specific rates for several local payment methods on its pricing page:⁸

The information in this table has been reviewed to be accurate as of 20 April 2026.

Apple Pay, Google Pay, and a wider set of digital wallets are also supported, but published rates for these are not always broken out by country.

Minimum invoice

Adyen does not have setup, monthly, or closure fees, but it does have a minimum invoice that depends on your industry or business model. The exact minimum is not published — you'd need to speak to Adyen's sales team for a quote.⁸

This is one of the main reasons Adyen tends to be a stronger fit for higher-volume businesses than for small or early-stage merchants.

How to set up your Adyen Singapore account

Setting up Adyen takes more time than most self-serve payment gateways. Onboarding is sales-led, with a live account only granted after compliance checks.

Here's what the path from sign-up to going live looks like:

Step 1: Create a test account or contact sales

If you're a developer, you can sign up for a free test account at adyen.com/signup to explore the platform and build an integration. Test accounts can't process real customer payments — they're for development only.⁹

If you want to become an Adyen customer, the next step is to contact Adyen's sales team. Adyen onboards new merchants through sales rather than self-serve sign-up.⁹

Step 2: Apply for a live account

To accept real payments, you need to apply for a live account. Adyen runs detailed compliance checks before granting one, and you'll need to upload digital copies of:¹⁰

• Company registration document (with your legal entity name and registration number)

• Proof of tax or VAT information

• Proof of identity for the contract signatory and any 25%+ shareholders

• Proof of residency for those individuals

• Optional: a merchant bank statement

Adyen also requires details on your ownership and control structure, including ultimate beneficial owners.¹⁰

Step 3: Meet website and integration requirements

If you accept payments online, your website or app must show specific information before going live. Adyen requires clear terms and conditions, a privacy policy, refund policy, delivery information, and your legal entity name on the checkout page.¹⁰

Step 4: Sign the contract and configure your live settings

Once your application is approved, Adyen sends you a contract and a data security form to confirm your integration meets PCI standards. Test account settings don't carry over — you'll need to configure your live account separately before processing real transactions.

How long does it take?

Because of the compliance checks, onboarding with Adyen is usually measured in weeks rather than days. If you need to start accepting payments faster, a self-serve provider may suit you better.

Who Adyen Singapore is best suited for

Adyen is built for businesses that process high payment volumes across multiple channels and regions. Here are the kinds of businesses where it tends to be a strong fit — and where it might not be.

Strong fit: Enterprise and omnichannel businesses

Adyen makes the most sense if you:

• Run a large business with both online and physical retail, and want one platform to manage payments and reporting across channels through Unified Commerce⁵

• Process high transaction volumes globally and want Interchange++ pricing for full cost transparency on card payments⁸

• Operate a marketplace or platform and need embedded payments with built-in compliance, KYC, and split-payment logic⁶ ⁷

• Want a payments partner with strong card-acquiring infrastructure and direct connections to Visa and Mastercard

Weaker fit: Small or early-stage businesses

Adyen tends to be a harder fit if you:

• Have lower transaction volumes and would struggle with the minimum invoice Adyen requires⁸

• Want a self-serve sign-up and a published, all-in price — Adyen's onboarding is sales-led and pricing is negotiated⁸

• Need multi-currency business accounts, international transfers, or corporate card issuing alongside payment acceptance — Adyen's Accounts, Card Issuing, and Capital products are currently available in Europe, the UK, and US only¹

What this means for Singapore businesses

If you're an enterprise with established Singapore and global operations, Adyen's omnichannel reach and direct acquiring relationships make it a serious option.

However, if you're an SME or scaling business that wants payments, accounts, transfers, and cards under one roof, the gap in Adyen's Singapore offering is harder to ignore. In this case, it makes more sense to look at other options instead.

Why Singapore businesses choose Airwallex over Adyen

Adyen is built for enterprise-scale payment processing across online and physical retail. But you can't use it to hold multiple currencies, send international transfers, or issue Corporate Cards — which is what many Singapore SMEs need.

That's where Airwallex comes in. It pairs an eCommerce payment gateway with Global Accounts, Transfers, and Corporate Cards on one platform — and like Adyen, it's licensed by MAS as a Major Payment Institution.

Here’s a quick comparison between Airwallex and Adyen:

The information in this table has been reviewed to be accurate as of 20 April 2026.

Here’s what you get with Airwallex:

Multi-currency Global Accounts and like-for-like settlement

This is the gap that matters most for cross-border Singapore businesses. Adyen settles Singapore-acquired payments in only five currencies. Airwallex supports like-for-like settlement in 14 currencies, and lets you hold those funds without auto-converting to SGD.

That means you can collect EUR, GBP, AUD, USD, and other currencies from international customers, hold them, and use them later to pay your overseas bills like Meta or Google ad spend and SaaS subscriptions. You pay in the same currency you’ve received, and you don't incur any FX fees.

International transfers without SWIFT fees

Adyen focuses on payment processing, not outbound transfers. If you need to pay overseas suppliers, vendors, or staff, you'd need to use a separate provider.

Airwallex includes Transfers as part of the same platform. You can send payments to 200+ countries, with free transfers to 120+ countries via local rails.

Corporate cards and expense management built in

Adyen's card issuing product is currently available in Europe, the UK, and US only.¹ Singapore-based businesses can't issue branded cards through Adyen.

Airwallex includes Corporate Cards for Singapore businesses, with multi-currency spending, no foreign transaction fees on currencies you hold, and a built-in expense management system for approvals and reimbursements.

Frequently asked questions (FAQs)

Is Adyen Singapore regulated by MAS?

Yes. Adyen Singapore Pte Ltd is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act 2019. It received its initial licence on 28 January 2020 for cross-border money transfers, and that licence was expanded on 1 May 2021 to also cover merchant acquisition and domestic money transfers.³

How much does Adyen Singapore charge?

Adyen Singapore charges a fixed processing fee of US$0.13 per transaction plus a payment method fee that varies by card or wallet.⁸ For Visa, Mastercard, and Maestro, the fee is US$0.13 + interchange + 0.60% under Interchange++ pricing.⁸ For GrabPay in Singapore, online transactions cost US$0.13 + 2.8% and in-person transactions cost US$0.13 + 2.2%.⁸ There are no setup or monthly fees, but Adyen has a minimum invoice that depends on your industry.⁸

Is Adyen suitable for small businesses in Singapore?

Adyen is generally a stronger fit for enterprise-scale businesses than for small and growing ones. Its onboarding is sales-led, pricing is negotiated, and the minimum invoice can be a barrier for businesses with lower transaction volumes.⁸ Singapore SMEs that want self-serve sign-up, published pricing, and no minimum invoice often find Airwallex a better fit.

How long does it take to set up Adyen Singapore?

Setting up Adyen Singapore is usually measured in weeks rather than days. After contacting sales and applying for a live account, you'll need to pass detailed compliance checks covering your company registration, tax information, beneficial ownership, and integration setup.¹⁰ If you accept payments online, your website must also meet specific content and disclosure requirements before going live.¹⁰

What payment methods does Adyen Singapore support?

Adyen Singapore supports major card networks (Visa, Mastercard, Maestro, Diners, Discover, JCB) and a range of regional payment methods including GrabPay and Atome.⁸ Adyen settles Singapore-acquired transactions in five currencies: SGD, USD, HKD, JPY, and THB.¹¹ You can check the latest list of supported payment methods on Adyen's official pricing page.

What's a good alternative to Adyen for Singapore businesses?

A good alternative depends on what you need beyond payment acceptance. If you want a single platform that combines a payment gateway with multi-currency Global Accounts, international transfers, and Corporate Cards — without minimum monthly invoices or sales-led onboarding — Airwallex is one to consider. For more options, see our guide to Adyen alternatives in Singapore.

Sources:

1.  https://www.adyen.com/en_SG

2.  https://www.adyen.com/en_SG/offices

3. https://www.adyen.com/press-and-media/adyen-now-licensed-under-payment-services-act-as-a-major-payments-institution-in-singapore

4.  https://docs.adyen.com/point-of-sale/currency-conversion/

5.  https://www.adyen.com/unified-commerce

6.  https://www.adyen.com/platform-payments

7.  https://docs.adyen.com/marketplaces/split-transactions/

8.  https://www.adyen.com/pricing

9.  https://www.adyen.com/signup

10.  https://docs.adyen.com/get-started-with-adyen/application-requirements

11.  https://docs.adyen.com/account/supported-currencies/

This publication does not constitute legal, tax, or professional advice from Airwallex, nor does it substitute seeking such advice, and makes no express or implied representations / warranties / guarantees regarding content accuracy, completeness, or currency. If you would like to request an update, feel free to contact us at [[email protected]]. Airwallex (Singapore) Pte. Ltd. (201626561Z) is licensed as a Major Payment Institution and regulated by the Monetary Authority of Singapore.