PSG grant for POS systems: what applies in Singapore now

In short: You can no longer apply for PSG for a POS system. PSG closed to new applications at the end of September 2026. A ready-made POS solution may now fall under EDGE's single-function digital solutions, which share a S$30,000 sub-cap. Check the vendor on SMEs Go Digital and apply before paying anything.

The PSG grant no longer accepts applications for POS systems or anything else. Enterprise Singapore’s EDGE Grant page says PSG ceased on 29 September 2026, and new applications now go through the EDGE Grant, launched on 30 September 2026. A ready-made POS package may be supportable as a single-function digital solution under EDGE. Confirm this for the specific package and vendor before you sign, and never pay a deposit before you apply.

If you applied for PSG for a POS system before 30 September 2026, your application continues under the original PSG rules, and ongoing projects can still be claimed. See our PSG grant guide for the transition.

How EDGE support works for a POS system

Support level

The EDGE FAQ gives up to 50% support for SMEs and up to 30% for non-SMEs on standard activities. Enterprise Singapore says levels vary by activity, so confirm the rate for the solution category you choose.

Sub-cap and annual cap

Single-function digital solutions, integrated enterprise systems and pre-scoped equipment share a sub-cap of up to S$30,000. That sits inside a S$100,000 annual cap per company, which runs from 1 April to 31 March.

Two points matter for retailers and F&B operators:

• One application per UEN. The FAQ says selected single-function digital solutions and integrated enterprise systems are limited to one application per UEN. If you also want accounting or HR software, plan which matters most.
• Locations. Pre-scoped equipment can apply across multiple locations, identified by postal code. For Automation and Digitalisation activities, you need a current tenancy agreement showing you already operate at the location. A future-dated lease is not accepted.

Use our EDGE grant calculator to estimate the grant on a quote.

How to check whether a POS vendor qualifies

Do not take “PSG approved” on a vendor’s website as evidence for a new application. Instead:

1. Search IMDA’s SMEs Go Digital platform for the vendor and package. Enterprise Singapore points businesses there for single-function solutions, and it lists the supportable cost components.
2. Check Enterprise Singapore’s EDGE pages or BizSG for the relevant activity.
3. Ask the vendor in writing:
   • Which EDGE activity does this package fall under?
   • Which items in the quote are supportable, and which are not?
   • Which hardware is included, and what are the ongoing subscription or payment processing fees after the project?
   • What unique identifier, such as a licence number or user ID, will you provide? Enterprise Singapore treats it as a project deliverable.

If you need a POS combined with accounting, inventory and other functions in one system, an integrated ERP may fit better. Enterprise Singapore requires at least three core functions for that route.

What to look for in a POS system

Grant support should not decide the product. Check these points against your own operations:

• Payments. Which payment methods and terminals are supported, and what fees apply per transaction.
• Inventory. Whether stock updates in real time across outlets and online sales, and how stock counts and transfers work. Our guide to inventory management systems covers this in more depth.
• Multiple outlets. Central menus or product lists, outlet-level reporting and staff permissions.
• F&B features. Table management, kitchen display, QR ordering or modifiers, if you run food service.
• Offline behaviour. What happens to sales if the internet drops.
• Accounting connection. Whether daily sales post to accounting software such as Xero or QuickBooks, or need manual entry.
• Data export. Whether you can export sales and customer data if you leave.
• Contract terms. Minimum subscription period, hardware ownership and support hours.

Ask for a demo using your own menu or product list and a typical busy-hour scenario.

Questions to settle before you request quotes

• How many outlets and terminals you need now, and in the next year.
• Who owns the hardware if you stop the subscription.
• Which systems the POS must talk to, such as accounting, delivery platforms or an online store, and whether those connections are included in the quote or charged separately.
• Who supports you during trading hours, including weekends and public holidays.

Writing these down first makes quotes easier to compare and keeps the scope stable once your application is approved, since the approved project is what you will claim against.

Step-by-step application

1. Shortlist vendors and get a quotation for the package. Do not pay or start installation.
2. Confirm the activity on Enterprise Singapore’s pages and the package on SMEs Go Digital.
3. Prepare documents, including a current tenancy agreement for the outlet.
4. Submit on the Business Grants Portal using a Corppass account with the BGP Preparer or Acceptor role. Vendors cannot submit for you.
5. Wait for the Letter of Offer. Payment after submission but before approval may be supported if approved, at your own risk.
6. Install, go live and pay in full.
7. Submit one final claim. Claims for single-function solutions open from 1 November 2026. EDGE pays by reimbursement only.

Common mistakes

• Paying a deposit to secure hardware. Any payment before submission makes the application retrospective.
• Choosing a POS because it is “grant approved”. A poor fit costs more than the grant saves.
• Ignoring running costs. Transaction fees and subscriptions continue after the claim.
• Changing vendor after approval. This is not allowed. You would need to terminate and reapply.
• Using the one application on the wrong solution. Decide whether POS, accounting or HR software matters most.

How FYAdvisers can help

FYAdvisers is a free, concierge-led matching service. If an off-the-shelf POS does not fit, for example because you need a custom ordering flow or integration, describe what you need and a concierge introduces one to five app development providers that fit. Ask each provider how their work maps to EDGE and confirm with Enterprise Singapore. You can also estimate support with the EDGE grant calculator.