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Singapore businesses expand globally with PayPal

More than 90,000 Singapore-based businesses are now selling internationally through PayPal, according to the newly released PayPal Global Beat 2025 report. This represents one in four of Singapore’s 356,100 registered businesses, highlighting the significant role digital commerce plays in extending the global reach of local enterprises. The report, based on a year of PayPal’s cross-border transaction data, reveals that Singapore’s gaming, beauty, and fashion sectors are leading the charge, collectively generating over $1.6b in transaction value.

The United States remains the largest market for Singaporean exports, with over $830m in purchases. However, Mexico has emerged as a promising new growth corridor, particularly for beauty and fashion products, with more than 7 million purchases worth over $370m. “PayPal continues to be a trusted partner for Singapore businesses expanding globally,” said Matthew Lucas, Vice President and Head of Cross Border Trade at PayPal. He noted that PayPal’s secure digital payment solutions enable even the smallest businesses to reach international customers.

Gaming is the most shopped category, generating over $593m in transaction value, followed by beauty with $411m and fashion with $636m. These sectors have found strong demand in both developed economies and emerging markets. Additionally, Singapore businesses are scaling in digital goods and software, further underscoring their global relevance.

As Singapore businesses diversify beyond traditional markets, the insights from PayPal Global Beat 2025 highlight the scalability and resilience of these enterprises, supported by trusted payment infrastructure. Looking ahead, PayPal plans to introduce more solutions in 2026 to simplify international expansion for businesses.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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