{"id":1018,"date":"2023-06-01T09:06:42","date_gmt":"2023-06-01T09:06:42","guid":{"rendered":"https:\/\/opencompanysingapore.com\/open-a-merchant-account-in-singapore\/"},"modified":"2023-07-12T08:41:20","modified_gmt":"2023-07-12T08:41:20","slug":"open-a-merchant-account-in-singapore","status":"publish","type":"post","link":"https:\/\/opencompanysingapore.com\/open-a-merchant-account-in-singapore\/","title":{"rendered":"Open a Merchant Account in Singapore"},"content":{"rendered":"\n

With an increasing number of Singapore companies<\/a><\/strong> expanding their activities in the online environment, local banks have also started offering various solutions through which these companies can process payments. In order to do that, a company must open a merchant account in Singapore<\/strong>.<\/p>\n\n\n\n

As Singapore is one of the most developed financial hubs in Southeast Asia, opening various types of bank accounts<\/strong> here is quite easy and that is also the case of merchant accounts<\/strong>. As a definition, a Singapore merchant account<\/strong> is a bank account through which online companies, as well as businesses carrying out their activities from physical locations can receive and process payments received from their clients or partners.<\/p>\n\n\n\n

Our Singapore company formation specialists<\/a><\/strong> can offer more information on the features of merchant accounts<\/strong>. We can also help you open a Singapore company<\/strong>.<\/p>\n\n\n\n

The video below shows the main steps to open a Singapore merchant account<\/strong>:<\/p>\n\n\n\n

\n