Dimension scores are derived from public data and fields; weighted into the composite. Reference only.
CCPay (CC Financial Services Pte. Ltd.) is an electronic payment service provider in Singapore, established in 2017. According to its official website, more than 2,000 Singapore merchants have adopted its E-payment solutions. It positions itself as a one-stop payment solution for merchants in retail, F&B, and similar sectors, covering both online payments and offline cashless collection, alongside POS terminals and QR code payments.
In terms of payment methods, CCPay supports Alipay, WeChat Pay, GrabPay, PayNow, and eNETS. It also mentions use cases such as POS payment, QR code payment, online payment, one key payment, and swipe payment. On the hardware side, it offers the Sunmi V2 Android handheld POS device, suitable for in-store mobile collection, code scanning, and transaction handling. The application process is relatively clear: locally registered Singapore companies need to submit company registration documents and shareholder identity documents; CCPay reviews applications in around 2 business days, after which the contract is signed and the account and POS setup are completed within 3-5 business days, with sales staff handling installation and training.
The official website highlights “lowest rate,” “reasonable cost,” and “fast settlement,” but does not disclose specific transaction fees, monthly fees, device costs, refund fees, or settlement timelines, making it difficult to assess the actual cost. On compliance, the website states that it operates in accordance with government regulations and provides an AML/KYC policy page. However, the scraped content does not show a MAS license, regulatory number, or details of any fund safeguarding arrangements, so compliance transparency is limited.
Its strengths are that its supported payment methods align well with the needs of local Singapore merchants, especially by covering Alipay and WeChat Pay for Chinese tourists as well as local options such as PayNow and GrabPay. Its offline POS, QR code, and online payment coverage is fairly broad, making it suitable for F&B, tourism, retail, and similar scenarios. The drawbacks are limited disclosure around pricing, settlement, APIs, and developer documentation. Its risk-control capabilities are only visible in the form of merchant review and an AML/KYC entry point, with little explanation of anti-fraud or transaction monitoring. More importantly, an announcement on the official website states that its payment services will no longer be provided from September 29, 2025 due to business closure.
Historically, it was suitable for locally registered Singapore merchants with local bank accounts that needed to accept Alipay/WeChat Pay and local e-wallet payments. However, given the business closure announcement, new merchants should not treat it as a long-term acquiring solution. There is no clear evidence on access from mainland China, so the status is considered unknown. Alternatives may include Stripe, Adyen, 2C2P, HitPay, FOMO Pay, NETS, PayPal, or Airwallex.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on ccpay.com.sg official site.
ccpay.com.sg is an Singapore Payments provider. TG4G tracks its product information, an overall rating of 7.0/10, and a China-accessibility score of Workable. Click "Visit Official Site" to reach ccpay.com.sg directly.