web design company singapore,website development singapore,web development company singapore,mobile app development singapore,mobile apps singapore,ios developer singapore,mobile app developer singapore,mobile application developer singapore,graphic designer in singapore,web design singapore,app development singapore,mobile apps development singapore,website designer singapore,singapore mobile application developer,app developer singapore,developer in singapore,web design services singapore,mobile game developer singapore,website design singapore,ios app development singapore,android developer singapore,singapore app developer,singapore web design,web designer singapore,mobile application development singapore,singapore mobile app developer,singapore web development,web development singapore,design agency singapore,singapore web design services,singapore website design,developers in singapore,mobile developer singapore,web application singapore,ruby on rails developer singapore,website developer singapore,design firms in singapore

Comparing payment gateways for an e-commerce store in Singapore

Zan did a great job of comparing several payment gateways in Singapore. In summary, below are what i found to be important.

Available Options in Singapore:

Cost Comparison

World Pay Enets Paypal Payment express
Set up fees S$250 S$200 Free S$150
Annual fees S$650 S$450 Free S$600
Transaction fees 4.50% 4.50% 3.4% + S$0.50 100 free transactions, S$0.50 per transaction thereafter

Final Decision?

Eventually, we decided to use Paypal Website Payment Standard. Why? First, the cost is the lowest. There are no set up fees or monthly fees. You only pay when there’re purchases. Second, the process is easy to set up. All I needed is a credit card. Applying for a merchant account at the banks is a hassle in comparison. There is processing time, and added charges for the set up can be quite hefty.

%d bloggers like this:
WordPress Security