Tap-to-pay in Singapore, without the infrastructure project
Singapore is Tapped's home market — Tapped Pte Ltd is incorporated here and the platform's MAS Major Payment Institution (MPI) application is in flight, with a sponsor bank already live. It is the natural launch market for domestic-first platforms and for regional players who want their first APAC deployment in the most mature, English-language payments environment in the region.
Beyond cards, Singapore merchants expect PayNow and NETS at the point of sale. Tapped exposes all of them through one SDK, so a platform integrates contactless cards, the national instant-payment rail, and local wallets without negotiating each connection separately. Same-day (T+0) settlement is available on request.
HQ market. MAS MPI application in flight with a sponsor bank already live; same-day settlement available on request.
Local payment rails we support in Singapore
Cards alone do not win a market in Asia. Tapped exposes the domestic rails Singapore merchants actually expect, through the same SDK as card acceptance:
| Rail | What it covers |
|---|---|
| PayNow | Real-time P2P and P2M transfers addressed by mobile number, NRIC/UEN, or QR — Singapore's instant payment standard. |
| NETS | The domestic debit and QR network with deep merchant penetration across retail and F&B. |
| GrabPay | Wallet acceptance for the region's largest super-app, common in food, transport, and retail. |
Card schemes certified for Singapore
Every kernel we ship for Singapore is production-certified at the scheme layer before the market goes live — Visa VCPS / L3 EMV Contactless, Mastercard M/Chip and PayPass, JCB J/Speedy, and UnionPay UPI QuickPass as applicable. Certified schemes here:
- Visa
- Mastercard
- JCB
- UnionPay
- Amex
Kernel renewals and updates ship as a platform release — you inherit them without re-certifying.
Regulation & licensing in Singapore
Tapped operates in Singapore under Monetary Authority of Singapore (MAS) supervision, with a published licensing posture of MPI (applied). Your merchants onboard as sub-merchants beneath that arrangement, so you do not need to hold your own payment licence to go live.
We are PCI-DSS Level 1 attested annually, SOC 2 Type II, and ISO 27001 certified, with regional data controls applied where the regulator or sponsor bank requires it.
Settlement & payouts
Standard settlement in Singapore is T+0 / T+1, paid out in Singapore dollar (SGD). The blended processing rate is 2.45% — full per-market rates are on the pricing page, with nothing to negotiate.
Who builds on Tapped in Singapore
Tapped is built for vertical SaaS platforms that want to embed payment acceptance into their own product — not for individual merchants. Common deployments in Singapore:
- Restaurant & F&B platforms — tap at the table or counter on the staff's own phone.
- Salon, wellness & booking platforms — collect payment inside the booking flow.
- Field-services & delivery platforms — accept payment at the customer's door on a rider device.
- Healthcare & clinic platforms — copay and consultation collections.
- Hospitality & PMS platforms — folio checkout at the front desk.