As an advanced payment country, Singapore’s payment system is very developed, and almost all merchants support various payment methods. In Singapore, you can easily spend money using credit and debit cards. Major international credit card brands, such as Visa, Mastercard and American Express, as well as credit cards issued by local banks such as DBS, OCBC and UOB, are accepted at most merchants. Whether shopping or dining, you can not only enjoy discounts and points by swiping your credit card, but some small merchants or night markets may only accept cash.
Debit cards are also widely used, and international debit card brands such as Visa, Mastercard and Maestro are also commonly used by merchants in Singapore. Debit cards from local banks are not only convenient, with low fees and more discounts, but they may also not be accepted by a small number of merchants. In addition, Singapore's local payment system NETS is almost everywhere. It is a cooperation between banks and the government. It is convenient, fast and has low fees. Payment can be made through bank branches or vending machines by binding local credit or debit cards.
In general, no matter which payment method you choose, merchants in Singapore generally accept international and local credit cards, debit cards and NETS cards. However, in order to cope with possible cash needs, it is best to prepare some cash before traveling for emergencies. In this way, no matter where you shop or consume, you can easily cope with Singapore's payment environment.