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Users who both swipe right to "like" their potential matches are then able to contact each other.
Known as Tinder Plus, the new premium service has subscription fees varying by age and country.
Users will receive a notification with a suggested match each day at noon.
Only one match is given a day because its focus is on those who are genuinely seeking a long-term relationship.
Mr Phua said in July that the company started monetising the app by charging a small fee for people to send requests to start chats with other users who have not liked their profile.
He had also said that more payable features were also in the pipeline.
“Lots of products offer differentiated price tiers by age, like Spotify does for students, for example," she said.
"Tinder is no different; during our testing we’ve learned, not surprisingly, that younger users are just as excited about Tinder Plus, but are more budget constrained, and need a lower price to pull the trigger.” For singles reluctant to commit to a higher price plan, do check out some of the dating app options available in Singapore. Paktor Among the handful of locally developed mobile dating applications that have surfaced in the past few years, Paktor - which means “to go on a date” in Cantonese - has emerged as a popular name and is one of the largest players in Asia.
The service is also available in nine other countries, including Malaysia, Thailand and the Philippines.The popular dating app Tinder on Monday started charging for premium features but the move has been criticised for making older users pay more, AFP reported.The app allows smartphone users to find partners based on their vicinity and age range by swiping to “like” potential matches.The name is a cheeky nod to the colloquial slang for young Malay men and women and follows the same concept as Tinder, where users sync their Facebook accounts to the dating app.Users can view potential matches by looking at their pictures, information such as age and occupation, as well as whether they have common Facebook friends.