Best Payment Providers in Singapore 2021
Alipay Singapore E-Commerce
Ali pay is leading online and mobile payments solution with almost 1 billion users. It is part of the Alibaba Group, the world’s largest online b2b chain. Ali pay was established in 2004 in Hangzhou by Jack Ma, the founder and Ex CEO of Alibaba. It makes the payment process very easy with world-class payment security, real monitoring, and privacy features. Ali pay started its operation in Singapore in 2017 by partnering with a startup company in Singapore. It offers fast experience, reliable services, and quick payments solution for everyday transactions. The best part about Ali pay is its member protection feature. It offers 100% cash back in case of any unauthorized transaction, 90 days payment protection and fast response time. With its help center, you can quickly resolve all the queries and find a quick solution for any issues in transactions. It has partnerships with the world’s leading payment channels such as visa, master card, web money, western union, etc.
PayPal is a leading company that provides financial and online payment solution services worldwide. It was founded in 1998 by Ken Howery, Luke Nosek, Max Levchin, and Peter Thiel. The headquarters of the company are located in San Jose, California. The millions of users of this digital payments platform can connect and safely carry out transactions in numerous ways as it offers high security and protection. Money is managed smoothly and effectively while users benefit from the flexible payment solutions offered. Millions of stores offer payments through PayPal and this platform is offered in more than 200 markets around the world. PayPal account holders can receive money in more than 100 currencies and withdraw cash in 56 currencies. They can also hold their balances in 25 currencies. The company was acquired by eBay in 2002 and has itself acquired 19 organizations so far. The estimated annual revenue of PayPal is $15.8 billion. The easy to manage payment method is drawing more and more consumers each year.
Gpay Network S
The Company came into existence in 2012 by a group of friends, Anthony Tan and Tan Hooi Ling in Malaysia who were keen to provide hassle-free and safe ride-hailing services. The company has now expanded its services and is providing numerous earning opportunities to millions of people across Southeast Asia. The ‘Grab’ app is a multifunctional app through which consumers can avail of several services including in-store purchases, GrabRides, GrabFood deliveries, GrabFamily, JustGrab, GrabNow, GrabRental, and fund transfers. It is a cashless payment method that is directly linked to your credit/debit card. It provides services in Singapore, Thailand, Philippines, Myanmar, Indonesia, Vietnam, and Malaysia, with its headquarter situated in Singapore. The company has offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. The company has acquired 2 organizations, iKaaz, and Kudo. The company has successfully expanded its reach over the years and is constantly trying to push its limits through tireless efforts.