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Payment Gateway Provider in Singapore

A payment gateway is a means of transferring details between a merchant’s online or app-based payment portal and the acquiring bank. The payment solution protects the account details with several security checks including encryption, 3DS authentication, etc. The payment gateway must be compliant with the highest level of PCI DSS certification. Without integration to the payment gateway website, you cannot accept online payments for your goods and services in local and international currencies.

Why a business needs a payment gateway in Singapore

The best payment gateways in Singapore ensure that businesses are integrated into the economy of the country. Businesses get to accept payments from customers residing in this country. Singapore is among the top five most developed countries in Asia. The country ranks second in the world in terms of GDP per capita. The World Bank gave Singapore the second place in the ranking for ease of doing business in the world.

Residents of the country actively use online payments, so Singapore’s payment processor allows businesses to expand their geographical reach. Without an international payment gateway, foreign businesses will not be able to accept payments from locals. By choosing a reliable payment gateway provider in Singapore a business is able to accept payment by credit and debit cards, cryptocurrency, through e-wallets, quick transfers and other options. The variation in payment options depends on the services that Singapore online payment gateways provide.

Why Billblend is Singapore's best payment gateway

There are more than 20 companies offering payment gateways in Singapore. Not all of them cater to high-risk businesses such as sports betting, poker rooms and others. Among all the service providers, Billblend has a high rating.

Below we will tell you what selection criteria payment gateway for high risk merchant accounts Billblend received the maximum rating from partners and why it is favourable to cooperate with it.

Reliability. This is the main and most important parameter of choice. Pay attention to reviews and rating. The provider should not be subject to frequent malfunctions or hang-ups during transactions. Customer reviews on Billblend attest to its smooth operation.

Supported currencies. This is an individual indicator, and it depends on the peculiarities of the business. If you are targeting several countries, it makes no sense to look for a payment gateway with dozens of currencies, the main thing is that the list should include those in which your clients pay. At Billblend, customers have access to conduct transactions in over 70 currencies, including cryptocurrencies.

Supported payment methods. Most people have their favourite payment methods, so this fact cannot be ignored. Some people will refuse a purchase if they can’t pay with an e-wallet or a certain card. Those payment gateways that provide the ability to pay in the most popular payment systems are at an advantage. In recent years, these have included cryptocurrency wallets and networks.. Billblend offers customers more than 100 payment methods.

Security. Payment security is on par with payment gateway security. It is not beneficial for businesses to use vulnerable payment methods that have a high risk of fraud. Most service providers pay a lot of attention to payment encryption and data protection.

Cost. The cost of services cannot be ignored. It is quite flexible as payment gateways offer a variety of methods. Some charge a monthly fee and a commission on each payment, others only charge a commission on payments, while offering discounts depending on turnover. Before choosing a partner, carefully study the tariffs and the presence of hidden fees. At Billblend, a turnkey solution awaits customers. The cost depends on the turnover of funds, area of work and other points taken into account at the initial level. For a free consultation, simply fill in the feedback form on the website.

Answers to frequent questions

Why do I need an international payment gateway in Singapore?

International payment gateways are one of the most popular ways to accept payments in South Africa. They help accept payments in local and foreign currencies, as well as from customers living in other countries.

What types of payment gateways are available in Singapore?

You can choose from traditional payment gateways as well as innovative solutions that are designed specifically for the Singapore market. A full list of solutions is available on our website.

How do I choose the best solution for online commerce in Singapore?

When choosing a payment gateway, you should pay attention to the cost of services, reliability of the company, payment security, list of supported currencies and payment methods. Hone in on the needs of your business that the payment gateway should solve. Billblend offers good terms of co-operation.

What security measures are implemented in payment gateway systems in Singapore?

Local and international companies offer traditional payment security methods: encryption, authentication and others. Full security protocols are available on the website of each company offering payment solutions.

Can Singapore payment gateways support multiple payment methods?

Most companies offer a complete business solution. With the integration of a single payment gateway, a business is able to accept payments in multiple ways and in different currencies.