Note: These restrictions only apply for payments collected by credit cards. The restrictions do not apply to payments collected via PayNow.
All payments received through CardUp Collect must be for goods or services provided by a business not operating in any of these restricted categories.
Prepayments/Prepaid Invoices:
If your business accepts prepayments (payments for goods or services not already delivered), you can use CardUp Collect to accept payments for those invoices as long as the amount is less than SGD 9,000 or HKD 54,000 or MYR 27,000 depending on which region you're based in.
If you wish to collect prepayments of value greater than SGD 9,000 or HKD 54,000 or MYR 27,000, please get in touch with us at hello@cardup.co.