ThriveCart

ThriveCart

E-commerce

vs
Shopify

Shopify

E-commerce

ThriveCart vs Shopify 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
ThriveCartThriveCart
ShopifyShopify
SGD pricing (incl. 9% GST)S$22/moS$1.47/mo
Free tierYesYes
PSG grant eligibleCheckingChecking
PDPA compliantNoNo
SG / APAC data centreNot confirmedNot confirmed
GST / InvoiceNow readyNoNo
PayNow / local bank feedsNoNo
CPF payroll supportNoNo
SkillsFuture eligibleNoNo

Stackd verdict

ThriveCart

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.

Shopify

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.

Pros & cons — Singapore view

ThriveCart

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

Shopify

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.

Who should choose which

ThriveCart

Choose ThriveCart if...

SMEs

Startups

Online course creators

Freelancers

Shopify

Choose Shopify if...

SMEs

Startups

Enterprises

Freelancers

Singapore FAQ

Is ThriveCart available in Singapore?

The provided search results do not contain information about ThriveCart's availability in Singapore.

Does ThriveCart support SGD pricing?

The provided search results do not contain information about ThriveCart's support for SGD pricing.

Is ThriveCart PSG-eligible?

The provided search results do not contain information about ThriveCart's PSG eligibility, therefore it is unconfirmed.

Is ThriveCart PDPA compliant?

The provided search results detail PDPA requirements for fintechs but do not confirm ThriveCart's compliance, especially regarding cross-border data transfers. It is unconfirmed.

Want to explore each tool further?

Read our full Singapore reviews before deciding.