CardUp Collect is available to a wide range of businesses in Singapore. However, some industries are not eligible to accept credit card payments due to regulatory, network, and risk requirements.
These restrictions are in place based on:
Card network rules (Visa, Mastercard, AMEX)
Regulatory requirements
Requirements from financial partners
CardUp’s internal risk and compliance standards
⚠️ Important note
Eligibility is subject to ongoing review.
CardUp may decline or restrict applications if required under
regulatory, partner, or risk requirements.
🚫 Restricted business categories
The following business types are generally not eligible for CardUp Collect credit card payments.
This list is not exhaustive and may be updated based on regulatory or risk requirements.
Investment & credit-related services
Securities brokerage or trading services
Mortgage, financial, or debt advisory services
Credit counselling or debt reduction services
Real estate investment opportunities
Lending or financing facilities
Money movement & legal fund handling
Payment service providers
Collection or debt recovery agencies
Law firms handling third-party or non-service-related fund transfers
Virtual currency & digital wallets
Cryptocurrency exchanges or trading platforms
Virtual currency providers
Digital wallets or wallet top-up services
Gambling & betting services
Casinos
Online betting platforms
Lottery or wagering services
Technical & communication services
IT help desks or technical support services
Telemarketing or outbound call services
Travel-related services
Travel agencies
Airline or ticketing services
Prepaid travel booking platforms
E-commerce platforms
Online marketplaces
Aggregator or platform-based e-commerce models
High-risk or restricted activities
Any business identified as high-risk during CardUp’s review
Any activity that does not comply with regulatory or network requirements
📩 Need help?
Not sure if your business qualifies?
Contact us at [email protected] before onboarding.