PSG POS Grant Singapore 2026
Get up to 50% government funding for your POS system through the Productivity Solutions Grant (PSG). AppsPOS is an IMDA pre-approved POS solution — eligible Singapore SMEs pay as little as $30/month after the POS grant.
Quick Answer
The PSG POS grant is a Singapore government funding programme that covers up to 50% of the cost of an IMDA pre-approved POS system for eligible SMEs. AppsPOS is PSG pre-approved, meaning your business can claim the POS grant and get a full-featured cloud POS — with PayNow, NETS, GrabFood integration, kitchen display, and loyalty — for as low as $30/month after grant funding. The application takes 2–4 weeks, and AppsPOS handles the entire process for you.
What Is the PSG POS Grant?
The PSG POS grant (Productivity Solutions Grant for Point-of-Sale systems) is a Singapore government initiative administered by Enterprise Singapore and IMDA under the SMEs Go Digital programme. It provides eligible small and medium enterprises (SMEs) with up to 50% funding support for the adoption of pre-approved digital solutions, including POS systems.
For Singapore F&B and retail businesses, the POS system is the operational backbone — processing transactions, managing inventory, handling orders, and generating the business intelligence needed to make data-driven decisions. The PSG POS grant makes it significantly more affordable for SMEs to adopt a modern, cloud-based POS system like AppsPOS, reducing the upfront and ongoing cost by half.
AppsPOS is one of the few POS solutions that is IMDA pre-approved under the PSG programme. This means the solution has been evaluated and endorsed by IMDA for its ability to help Singapore SMEs digitalise their operations. When you choose AppsPOS, you can apply for the POS grant directly through the Business Grants Portal (BGP) and receive government co-funding for both software subscription and implementation costs.
How Much Can You Save with the POS Grant?
The PSG POS grant covers up to 50% of qualifying costs. Here is a breakdown of the potential savings for a typical Singapore SME adopting AppsPOS:
Biz Basic
Biz Standard
Biz Premium
* Savings shown are on software subscription only. One-time setup, implementation, training, and hardware costs are also partially PSG-claimable. Total first-year savings including hardware typically range from $1,500 to $3,000.
PSG POS Grant Eligibility Criteria
To qualify for the PSG POS grant, your business must meet the following criteria set by Enterprise Singapore and IMDA:
Registered in Singapore
Your business must be registered and operating in Singapore with a valid ACRA registration.
30% Local Shareholding
At least 30% of the company shares must be held by Singapore Citizens or Permanent Residents.
SME Criteria
Annual turnover ≤ S$100 million OR fewer than 200 employees.
Use in Singapore
The POS solution and hardware must be deployed and used within Singapore.
Important: You must not make any payment or deposit to the vendor before submitting your PSG application. Contact AppsPOS first to get a formal quotation, then apply on the Business Grants Portal before making any payment.
How to Apply for the PSG POS Grant
AppsPOS manages the entire PSG POS grant application process on your behalf. Here are the six steps from eligibility check to reimbursement:
Check Eligibility
Confirm your business meets PSG criteria. Use our free eligibility checker or contact us for a quick assessment.
Get a PSG Quotation
Schedule a free demo with AppsPOS. We assess your needs and issue a formal PSG quotation for your chosen package.
Submit on Business Grants Portal
Log in to businessgrants.gov.sg with your Corppass. AppsPOS prepares all documentation and guides you through the submission.
Receive Approval
Enterprise Singapore reviews your application. Approval typically takes 2–4 weeks. You receive a Letter of Offer with the approved funding amount.
Implement & Go Live
Once approved, AppsPOS installs your POS, migrates your menu and data, trains your staff, and launches — typically within 24–48 hours.
Claim Reimbursement
After implementation, submit your claim on BGP with invoices and proof of payment. The grant reimbursement is disbursed to your bank account within 4–6 weeks.
PSG POS Grant: Approved vs Non-Approved Providers
Not all POS systems qualify for the PSG grant. Only IMDA pre-approved solutions are eligible. Here is how AppsPOS compares to other popular POS systems in Singapore:
| POS System | PSG Grant | After Grant | PayNow | NETS | GrabFood | SG Support |
|---|---|---|---|---|---|---|
| AppsPOSPSG Approved From $60/mo | $30/mo | |||||
| Square POS $0–$60/mo | Not eligible | |||||
| Shopify POS $89–$299/mo | Not eligible | |||||
| Loyverse POS Free + add-ons | Not eligible |
AppsPOS is the only major POS provider in this comparison that is IMDA pre-approved for the PSG POS grant. Square, Shopify POS, and Loyverse are not PSG-eligible, meaning businesses using those systems pay full price without government funding.
Why Choose AppsPOS for Your PSG POS Grant?
IMDA Pre-Approved
AppsPOS is officially pre-approved by IMDA under the SMEs Go Digital programme. This means the solution has been evaluated for quality, security, and relevance to Singapore SMEs.
Up to 50% Cost Savings
The PSG POS grant covers up to 50% of qualifying costs. For a typical F&B deployment, this saves $1,500–$3,000 in the first year alone, including hardware and implementation.
Full Application Support
AppsPOS handles the entire PSG application — documentation, quotation, BGP submission, and claim. You focus on your business; we handle the paperwork.
Singapore-Based Support
Our support team is based in Singapore, available 7 days a week from 9am to 10:30pm via WhatsApp, phone, and email. Onsite support is available Monday to Friday.
Frequently Asked Questions
What is a PSG POS grant in Singapore?
The PSG POS grant (Productivity Solutions Grant for POS systems) is a Singapore government initiative that provides up to 50% funding support for eligible SMEs adopting IMDA pre-approved POS systems. AppsPOS is an IMDA pre-approved POS solution under the SMEs Go Digital programme, making it eligible for PSG grant funding. This means your business can get a full-featured POS system for as low as $30/month after the grant.
How much can I save with a POS grant in Singapore?
Eligible Singapore SMEs can receive up to 50% funding support for PSG-approved POS systems. For AppsPOS, this means the Biz Basic package at $60/month drops to an effective $30/month after the grant, and the Biz Standard at $99/month drops to approximately $50/month. One-time hardware and setup costs are also partially claimable. Total first-year savings typically range from $1,500 to $3,000 depending on your package.
Which POS systems are PSG grant approved in Singapore?
AppsPOS is currently the leading IMDA pre-approved POS system under the PSG SMEs Go Digital programme. Major international POS providers like Square, Shopify POS, and Loyverse are not PSG pre-approved, meaning businesses using those systems cannot claim government grant funding. AppsPOS handles the entire PSG application process on your behalf.
How do I apply for a PSG POS grant?
The application process involves six steps: (1) check your business eligibility, (2) get a formal PSG quotation from AppsPOS after a free demo, (3) submit the application on the Business Grants Portal using Corppass, (4) receive approval within 2–4 weeks, (5) implement the POS system, and (6) submit your claim with invoices for reimbursement. AppsPOS manages the entire process for you.
Who is eligible for the PSG POS grant?
To qualify for the PSG POS grant, your business must be: registered and operating in Singapore (valid ACRA registration), have at least 30% local shareholding held by Singapore Citizens or Permanent Residents, meet SME criteria (annual turnover ≤ S$100 million or fewer than 200 employees), and the POS solution must be used in Singapore. You must also not have made any payments to the vendor before submitting the PSG application.
How long does the PSG POS grant application take?
The PSG POS grant application typically takes 2–4 weeks for approval from Enterprise Singapore. Once approved, AppsPOS implements your POS system within 24–48 hours. After implementation, you submit a claim on the Business Grants Portal, and the reimbursement is disbursed to your bank account within 4–6 weeks. The total process from application to reimbursement is approximately 6–10 weeks.
Can hawker stalls and small cafes apply for the PSG POS grant?
Yes. Hawker stalls, coffeeshop tenants, cafes, and small F&B businesses that meet the eligibility criteria can apply for the PSG POS grant. AppsPOS is widely deployed across Singapore hawker centres and coffeeshops, running on affordable Android tablets. After the 50% grant, the effective cost is as low as $30/month, making it accessible for even the smallest businesses.
What is the difference between PSG POS and a regular POS system?
A PSG POS is a POS system that is IMDA pre-approved under the Productivity Solutions Grant programme. This means eligible SMEs can claim up to 50% government funding for the system. A regular POS system (like Square or Shopify POS) is not PSG-approved, so businesses using those systems pay the full cost without any government subsidy. Choosing a PSG POS like AppsPOS can save your business $1,500–$3,000 in the first year alone.
Related Guides
Ready to Claim Your PSG POS Grant?
Book a free demo and get a formal PSG quotation. Most Singapore SMEs qualify for 50% government co-funding — effective cost from $30/month.