Stripe Fees in Singapore: Cards, PayNow, FX and Disputes

Stripe Singapore fees at a glance

All figures are from Stripe's Singapore pricing page, standard pricing, approximate as of October 2026. Amounts are in Singapore dollars unless shown as US$.

Stripe states there are no setup fees, monthly fees or closure fees on standard pricing. Businesses with large volumes can ask for custom pricing.

Card fees: domestic, international and currency conversion

A Singapore-issued Visa or Mastercard charged in SGD costs 3.4% + S$0.50. A card issued overseas adds 0.5 percentage points. If you charge in a currency that is not your payout currency, Stripe adds 2% for conversion; its currency documentation explains how settlement currency works.

These surcharges stack. An overseas customer paying in US dollars into an SGD-only Stripe account can cost 3.4% + 0.5% + 2% = 5.9% + S$0.50. If many customers pay in USD, ask your bank about a USD account and whether settling in USD is cheaper than converting every payment. Stripe lists a separate 1% fee (minimum US$5) for paying out USD to a local bank account, so compare both options.

PayNow on Stripe: cheaper, with a few catches

PayNow costs 1.3% with no fixed fee. On a S$50 order that is S$0.65, against S$2.20 for a domestic card. For local customers, offering PayNow next to cards is the simplest way to lower your average fee.

Stripe's PayNow documentation lists the practical limits:

• QR codes expire one hour after they are generated.
• Customers see Stripe's company name in their banking app, not yours, because custom statement descriptors are not supported.
• PayNow cannot be charged automatically on subscriptions or invoices; the customer must pay each one.
• Refunds are possible up to 90 days after the payment.
• There is no chargeback process for PayNow, because the customer authenticates in their own banking app.
• Funds are available in your Stripe balance one day after the payment.

If most of your customers pay by PayNow, compare Stripe with HitPay before choosing. Our HitPay vs Stripe guide works through both sets of fees, and our guide to accepting PayNow on your website covers the set-up options.

Worked examples: what Stripe charges per order

Approximate fees on standard pricing, October 2026, before any GST Stripe may charge on its fees. Rounded to the cent.

The fixed S$0.50 hurts small card payments most: on a S$20 order the effective rate is almost 6%. If you sell many low-value items, encourage PayNow or set a minimum order value for card payments.

Disputes, refunds and other fees

When a customer disputes a card payment, Stripe charges S$15 for the dispute received. If you counter it manually, another S$15 applies, which Stripe returns if you win. Stripe also offers Smart Disputes, which prepares evidence for you and charges 30% of the disputed amount on disputes you win. Our Stripe disputes guide explains how to respond.

Refunds have no extra fee for cards and wallets on standard pricing, but the original processing fee and any conversion fee are not returned. A S$200 card sale refunded in full still costs you S$7.30.

Add-ons you may see on your statement

How to keep Stripe fees down

1. 1

   Turn on PayNow for local customers

   At 1.3% with no fixed fee, it is the cheapest method on Stripe for almost every order size.

2. 2

   Charge in SGD unless you have a reason not to

   This avoids the 2% conversion fee on overseas cards.

3. 3

   Avoid tiny card payments

   The S$0.50 fixed fee makes small card orders expensive. Bundle items or set a card minimum.

4. 4

   Only switch on the add-ons you use

   Billing, Invoicing and Tax each add a percentage. A simple monthly fee may not need Billing if payment links are enough.

5. 5

   Cut disputes at the source

   Use a clear statement descriptor, send receipts, and publish refund terms. Each dispute costs at least S$15 even if you win.

6. 6

   Ask about custom pricing when volume grows

   Stripe offers volume discounts and IC+ pricing to larger businesses.

For subscriptions, our Stripe subscription billing guide explains when Billing's 0.7% is worth paying.

Do it yourself or get help?

Opening a Stripe account takes under an hour if you have your ACRA details, ID and bank account ready. Getting the details right (PayNow enabled, SGD pricing, branded receipts and fees recorded correctly in your accounts) takes longer.

Online Payment Setup (S$290) sets up Stripe or HitPay in your name with cards, PayNow, Apple Pay and Google Pay, payment links and test transactions. Subscriptions & Recurring Billing (S$490) builds plans and a customer portal in Stripe. You pay Stripe's fees directly; IT Sorted earns no commission from Stripe.