Country Guide

Explore 240+ global markets where Digital River can accelerate your global expansion and grow your revenue.

Payment Method Guide
Country Guide

Not all countries or territories may be represented. Some may not be available due to embargoes or other restrictions. For further information please contact us.

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Singapore
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Singapore

Accelerate your revenue with a new audience of customers throughout Singapore - without friction or complexity.

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Use the report builder to add this information to a downloadable pdf. You will be able to modify your selection(s) as you go in the ribbon at the bottom of the page.

Why Sell into Singapore?

Singapore is one of the most attractive ecommerce markets in Asia with an annual growth rate of 9%, fast internet, and a young tech-savvy middle class. Singapore’s GDP growth in 2019 was the lowest since 2009 due to trade tensions between the U.S. and China, but the long-term outlook for ecommerce is good.


Localized Shopping Experiences in Singapore

Processing Currency

Available currencies will depend on the payment method provider, as well as any regulatory restrictions.

SGD

Available Product Categories

Digital River can support the sales of these types of products for this specific market.

Digital Physical

Logistics Support for Singapore

Our global logistics solution works in concert with your existing supply chain. No need to secure new carriers and warehouses. Gain faster, more economical shipping options to reach new customers around the globe.

Cross-border shipping
In-country shipping
Landed cost guarantee


Popular payment types in Singapore

With almost 50% share, credit card is the preferred payment method for online shopping. Digital wallets are gaining traction, currently holding a 23% share. Bank transfers represent 8% and cash on delivery 3%.

Singapore is rising to a cashless society with a quest to become a technology-driven ‘Smart Nation.’ Enterprise Singapore (ESG) revealed the ‘Singapore E-Commerce Programme,’ built in collaboration with ecommerce marketplaces Amazon and Lazada Singapore.

Southeast Asia was already a fintech and an ecommerce hub, but 2020 has seen a resounding increase in the speed with which the region accelerated toward online payments in ecommerce, riding the trend created by the Covid-19 pandemic swiftly into establishing a cashless society as the new norm.


Singapore Available payment types for Singapore

The list below represents the current categories of payment options Digital River supports for this market.


Payment methods for Singapore

Ecommerce facts and figures
$372.1 B GDP 6M Total Population 88% Internet Usage

Popular Languages

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