What Is a Merchant Category Code (MCC)? A Singapore Business Guide
When you set up a merchant account in Singapore to accept credit or debit card payments, your business is assigned a four-digit number you may

The Razorpay Singapore Editorial Team is a group of seasoned fintech professionals, payment experts, and content strategists with extensive experience in digital payments, e-commerce, and financial technology. With a proven track record of delivering authoritative and insightful content, the team combines deep industry knowledge with data-driven research to empower businesses in Singapore’s dynamic digital economy.
Committed to excellence, the team ensures every article reflects Razorpay’s expertise in secure payment solutions, regulatory compliance, and innovative technologies. By simplifying complex financial concepts, they help businesses make informed decisions. With contributions from thought leaders and certified professionals, the Razorpay Singapore Editorial Team is your trusted source for navigating the evolving fintech landscape.
The Razorpay Singapore Editorial Team is a group of seasoned fintech professionals, payment experts, and content strategists with extensive experience in digital payments, e-commerce, and financial technology. With a proven track record of delivering authoritative and insightful content, the team combines deep industry knowledge with data-driven research to empower businesses in Singapore’s dynamic digital economy.
Committed to excellence, the team ensures every article reflects Razorpay’s expertise in secure payment solutions, regulatory compliance, and innovative technologies. By simplifying complex financial concepts, they help businesses make informed decisions. With contributions from thought leaders and certified professionals, the Razorpay Singapore Editorial Team is your trusted source for navigating the evolving fintech landscape.
When you set up a merchant account in Singapore to accept credit or debit card payments, your business is assigned a four-digit number you may
For businesses operating in Singapore, interacting with the Inland Revenue Authority of Singapore (IRAS) is a fundamental part of the journey. In the past, this
In Singapore’s thriving startup ecosystem, you often hear stories of groundbreaking companies securing millions of dollars in funding. From global names like Grab to tech
When you start a business in Singapore, you’ll interact with several key government bodies. While the Accounting and Corporate Regulatory Authority (ACRA) is where your
For businesses operating in Singapore, bank transfers are the lifeblood of commerce. They are the primary method for paying suppliers, receiving B2B payments, and managing
For any GST-registered business in Singapore, managing the Goods and Services Tax (GST) is a fundamental part of your financial operations. Beyond just charging the
Razorpay, a leading payments technology platform, empowers businesses in Singapore to enhance their payment experience effortlessly. Razorpay’s technology helps businesses streamline their finances, automate payouts, and gain real-time financial insights—all from a user-friendly platform. Focus on growing your business while Razorpay takes care of the rest. Sign up today and experience the difference!