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Payment Gateway
Singapore
Local, Online & Cross-Border Payments
Singapore

Singapore

Singapore
Top e-commerce industries
25%
Electronics
18.4%
Hobby & Leisure
19.6%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery

Welcome to 8B — a trusted cross-border payment provider combining global-grade technology with deep local market access.

If you’re expanding into the region — across e-commerce, travel, gaming, digital services, or platforms — 8B makes it easy to accept local payments, send payouts with confidence, and manage all financial flows through a single, unified solution.

Singapore
Capital
6M
Population
GMT +8
Time Zone (GMT)
SGD (S$)
Currency
Singapore dollar
$109.1B
Transactions
value in 2030
22.5%
CAGR
of Digital Payments during 2025-2030

Built for Today’s Most Dynamic Sectors

Extend your reach with a comprehensive set of local wallets, bank rails and alternative payment methods preferred by consumers.

Payments & Payouts

Manage everything - customer payments, partner payouts, contractor disbursements  - through one unified platform.

Cross-Border Business Payments

Retail & E-commerce, Gaming & Travel Payments, PSPs

Deliver a fast, frictionless checkout experience optimized for high-volume online transactions.

Settle globally and pay out locally with full transparency, strong compliance and efficient routing across payment ecosystem.

Bank Transfer (SG)
Bank Transfer
8%
Buy Now Pay Later
3%
Cash-in
1%
Credit Cards
42%
Debit Cards & Prepaid Cards
8%
E-wallet
37%
Mobile Money
37%
Others
1%
A Local Payment Gateway
Singapore
Can Rely On

Entering a new market doesn’t need to be complicated. 8B gives you secure infrastructure, intuitive tools and the complete suite of Local Payment Methods your customers trust — no credit cards required.

Local Payment Methods, Fully Connected

Give shoppers the payment options they use every day:

Extend your reach

Bank transfers play a significant role in Singapore's e-commerce ecosystem, facilitated by real-time systems like FAST and PayNow. These payment methods enable seamless online transactions, allowing customers to transfer funds directly from their bank accounts to merchants without requiring credit cards or additional payment platforms.

Method
Bank Transfer (SG)
LPM Market Share
68%
Payments
Yes
Refunds
Yes - full refunds only
Type
Bank Transfer
Local Card Scheme
Users
4M
Disbursements
Yes
Yes
Chargebacks
No
Authorization currency
SGD
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Real-time processing via FAST and PayNow ensures immediate confirmation of transactions, which is vital for order fulfillment

Supported by nearly all banks in Singapore, making it accessible for a broad customer base

Why Companies Choose 8B in
Singapore

Built for Developers

Modern APIs, clean documentation and rapid integration.

Built for Finance Teams

Automated reconciliation, transparent reporting and streamlined settlements.

Built for Customers

Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.