Answer · Updated 2026-05-23 · Market: SG
Should a Singapore restaurant accept Alipay+ for tourists?
Yes for tourist-heavy zones (Orchard, Marina Bay, Chinatown, Sentosa). Alipay+ aggregates Alipay (mainland), Kakao Pay (KR), Touch 'n Go (MY), GCash (PH), TrueMoney (TH), AlipayHK and 15+ other wallets into one acceptance point. LOOP's SGQR is Alipay+ enabled by default; MDR ~1.5-2.0%, T+1 settlement.
Key facts
- Alipay+ aggregates 20+ wallets
- MDR: 1.5-2.0%
- T+1 settlement
- Enabled by default on LOOP SGQR