GrabPay Singapore
Credit card penetration in Singapore is just 49% and 2 million Singapore consumers are underbanked - making GrabPay important to any e-commerce strategy. In 2022, GrabPay had an estimated 4.9 million users in Singapore which is 96% of Singapore's adult population.
GrabPay - Singapore
Features
Method Type
Wallet
Consumer Country
Singapore (SG)
Payment Currency
Singapore Dollars (SGD)
Settlement Currency
Indian Rupees (INR)
Refund Supported
Full refund
Partial refund
Multiple Partial refund
Chargeback
No
Minimum Transaction Amount
SGD 5
Maximum Transaction Amount
SGD 3000
Timeout
60 mins
Global Payments methods
Supported by PayGlocal
Frequently Asked Questions
We're here to help with any questions you have
Global payment methods, also referred to as alternate payment methods are non-cash payments that are preferred modes of payments in different geographies.These can be bank transfers, local card schemes, mobile payments or e- wallets.
PayGlocal receives the final authorization from Reserve Bank of India (RBI) to operate as an online Payment Aggregator!
We're thrilled to share that PayGlocal has received final authorization from the Reserve Bank of India to operate as an online Payment Aggregator!🎉
This achievement marks a significant step forward in our mission to deliver secure, seamless, and innovative payment solutions for businesses across India. Our dedicated team has worked relentlessly to make this vision a reality, enabling merchants to expand their horizons and embrace global commerce with confidence.
We also extend our sincere thanks to the Reserve Bank of India for their trust and support in this journey, helping us build a robust and compliant payment ecosystem.
A heartfelt thank you to our merchants, partners, and everyone who has been part of this journey. Your support is the driving force behind our success, and together, we're just getting started! 🌟Here's to empowering businesses, fostering growth, and shaping the future of global payments! 🌍
