HitPay and Qashier Alternative: When You Don't Need a Full Processor

HitPay and Qashier alternative: when you don't need a full processor

If you signed up for HitPay or Qashier just to accept PayNow, you're probably paying a percentage on every payment for a gateway or POS system you barely use. HitPay charges from 0.4% in-person and 0.65% plus S$0.30 online per PayNow payment. Qashier charges 0.8% plus GST. DoubleAM PayNow does the simple job for a flat fee with no percentage, and the money goes straight to your own bank.

What HitPay and Qashier actually are

Both are full payment processors. They sit between you and your customer's payment, hold the funds, and settle them to your account on their schedule.

HitPay is a payment gateway. It handles cards, PayNow, GrabPay, and other wallets through a single checkout. You get an online payment link or an in-person terminal. Every PayNow payment routed through HitPay costs from 0.4% for in-person transactions and 0.65% plus a fixed S$0.30 fee for online ones.

Qashier is a POS system. It bundles a touchscreen terminal, table management, inventory, and payment processing into one counter setup. PayNow is one of the methods it supports, at 0.8% plus GST per transaction. You're also renting or buying the hardware.

Both products do a lot. That's the point, and also the problem if you don't need most of it.

The over-served business

Here's a common situation in Singapore. A clinic, tuition centre, or service business needs to collect PayNow from customers. They search for a solution, find HitPay or Qashier, and sign up because those are the names that come up.

Now they have a merchant account, a settlement cycle, and a percentage taken from every payment. If they went with Qashier, they also have a terminal on the counter.

But they don't accept cards. They don't need a POS. They don't use the wallets or the settlement reports. They signed up for a full processor to do one thing: receive PayNow.

That's a large tool doing a small job, and charging for the whole thing.

What a flat-fee alternative looks like

DoubleAM PayNow is software, not a processor. It doesn't hold, move, or touch your money.

You create a PayNow QR code with the amount and your reference built in. You send it to your customer on WhatsApp or however you communicate. They scan it with their banking app, and the money goes from their bank to yours. No settlement cycle, no merchant account, no hardware.

The fee is flat. It doesn't scale with the size of the payment. A S$200 collection and a S$2,000 collection cost the same.

Every payment carries your reference, so matching it to the right invoice or customer is straightforward. If you want those payments tracked automatically in the systems you already use, that's available too.

How the fees compare

| | HitPay | Qashier | DoubleAM PayNow | |---|---|---|---| | PayNow fee | From 0.4% in-person, 0.65% + S$0.30 online | 0.8% + GST | Flat fee, no percentage | | Where money goes | HitPay holds, then settles to you | Qashier's processor holds, then settles | Straight to your own bank | | Settlement | On HitPay's schedule | On Qashier's schedule | Instant (standard PayNow) | | Hardware | Optional terminal | POS terminal (required) | None | | Cards and wallets | Yes (full gateway) | Yes (POS suite) | No | | Send QR on WhatsApp | Not built in | Not built in | Yes | | API for QR generation | Yes | No | Yes | | Merchant account | Yes | Yes | No |

What this costs in practice

Say you collect S$15,000 a month through PayNow.

With HitPay online: 0.65% plus S$0.30 per transaction. If those are 50 payments averaging S$300, that's about S$112.50 a month in fees. Over a year, S$1,350.

With Qashier: 0.8% plus GST on S$15,000 is about S$128.40 a month (before GST on the fee itself). Plus the cost of the terminal. Over a year, the payment fees alone are over S$1,540.

With a flat fee, you pay the same amount regardless of volume or transaction size. The savings are real and they compound every month.

The honest part

A payment processor is the right tool if you need cards, several wallets, and full settlement in one place. If you take Visa and Mastercard at the counter, or you need GrabPay and other wallets alongside PayNow, HitPay or Qashier earns its cut. The infrastructure behind multi-method processing is genuinely complex and the percentage covers real work.

This isn't about those businesses. This is about the ones that signed up for a full processor to do one thing, and are paying for the other nine things they don't use.

Try it without any risk

The free PayNow QR generator lets you create a payment request with the amount and your reference built in, and send it on WhatsApp. No signup, no cost. See if it covers what you actually need before committing to anything.

For a closer look at each processor, see our detailed comparisons: DoubleAM vs HitPay and DoubleAM vs Qashier. Or read the full picture on accepting PayNow without transaction fees.

Last updated: June 2026. HitPay fees (from 0.4% in-person, 0.65% + S$0.30 online) and Qashier fees (0.8% + GST) are based on their published pricing as of this date.