Shopify
E-commerce
ThriveCart
E-commerce
Shopify vs ThriveCart in Singapore — which is right for your business?
Both are e-commerce tools used by Singapore businesses. Here is a side-by-side comparison covering SGD pricing, PSG eligibility, PDPA compliance, and local context to help you decide.
Singapore-specific comparison
| Criterion | Shopify | ThriveCart |
|---|---|---|
| SGD pricing (incl. 9% GST) | S$1.47/mo | S$22/mo |
| Free tier | Yes | Yes |
| PSG grant eligible | Checking | Checking |
| PDPA compliant | No | No |
| SG / APAC data centre | Not confirmed | Not confirmed |
| GST / InvoiceNow ready | No | No |
| PayNow / local bank feeds | No | No |
| CPF payroll support | No | No |
| SkillsFuture eligible | No | No |
Stackd verdict
Shopify
Singaporean businesses using Shopify Payments are subject to strict MAS and ACRA regulations, requiring them to provide detailed information about their directors, beneficial owners, and account representatives to ensure compliance with AML/CFT requirements.
ThriveCart
Businesses in Singapore considering ThriveCart should verify its PDPA compliance, especially regarding cross-border data transfers which are a key focus in the latest Singapore regulations.
Pros & cons — Singapore view
Shopify
Pros
+Complies with Singapore's Payment Services Act and MAS regulations for payment processing.
+Enhanced identity verification and KYC processes provide regulatory certainty and consumer safeguards.
+Robust platform with features like the 'world's best checkout' and extensive app store for customization.
+Easy to start with a free trial for 3 days.
Cons
–Requires extensive KYC information for all directors and beneficial owners of the business.
–Account representatives must have authorized roles, possibly requiring letters of authorization.
–Failure to provide requested information can lead to paused payment processing or account termination.
ThriveCart
Pros
+Optimised checkout flows
+Sales funnel management
+Subscription management
+Easy checkout setup
Cons
–PSG eligibility unconfirmed
–PDPA compliance unconfirmed for cross-border data
–No Singapore data centre confirmed
Who should choose which
Choose Shopify if...
›SMEs
›Startups
›Enterprises
›Freelancers
Choose ThriveCart if...
›SMEs
›Startups
›Online course creators
›Freelancers
Singapore FAQ
Is Shopify available in Singapore?
Yes, Shopify Payments operates in Singapore and complies with the local Payment Services Act 2019, requiring specific identity and KYC verification.
Does Shopify support SGD pricing?
The provided search results indicate pricing in USD, and do not explicitly confirm support for SGD pricing or display prices in SGD. Users can start with a promotional rate of $1/month USD for 3 months.
Is Shopify PSG-eligible?
Based on the provided search results, there is no mention of Shopify being eligible for the Productivity Solutions Grant (PSG) in Singapore.
Is Shopify PDPA compliant?
The search results discuss compliance with Singapore's Payment Services Act (PSA) and MAS regulations for payment processing, but do not explicitly mention compliance with the Personal Data Protection Act (PDPA).
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Read our full Singapore reviews before deciding.