Singapore

Sites des autorités

• MASMonetary Authority of Singapore

• Major Payment InstitutionMPIMAS licence for payment services above the volume thresholds — the usual licence for regional PSPs.

  Activités autorisées

  Specified payment services under the Payment Services Act 2019 once monthly transaction volume exceeds the SPI threshold.

  Détenteurs typiques

  Regional PSPs, acquiring platforms and e-wallet operators serving Singapore at scale.

  Parcours de demande

  Licence application to MAS under the PSA. Activity classes (account issuance, e-money, DPT, etc.) are selected in the application.

  Limites clés

  Volume, safeguarding and base-capital rules are stricter than SPI. Conducting an unlicensed specified payment service is an offence.

  Payment institution / PSPSource officielle
• Standard Payment InstitutionSPIThe lower-volume tier of the same regime, with lighter requirements.Payment institution / PSPSource officielle
• Money-changing & remittance licenceMC / RMOSeparate MAS licences for money-changing and for cross-border money transfer.Money transfer & remittanceSource officielle
• Digital Payment Token serviceDPTA regulated activity under the PSA covering dealing in and custody of digital payment tokens.Crypto-asset & VASPSource officielle

Un échantillon choisi à la main pour s'orienter — pas le registre complet.

• AdyenHolds a Dutch banking licence, so it settles as a bank in Europe and licenses locally elsewhere.BankingMTLEMIAFSLMPISVFIPAgréé enEuropean Union / EEAUnited StatesUnited KingdomAustraliaSingaporeHong Kong, ChinaBrazilUnited Arab Emirates
• AirwallexCross-border accounts, cards and acquiring with one of the widest licence footprints in APAC.AFSLAPIEMISVFMPIMSBAgréé enAustraliaUnited KingdomHong Kong, ChinaSingaporeUnited StatesMalaysiaNew ZealandChina (mainland)
• Checkout.comEnterprise acquiring with local acquiring licences across four regions.APIEMIMTLMPISVFAgréé enUnited KingdomEuropean Union / EEAUnited StatesUnited Arab EmiratesSingaporeHong Kong, ChinaAustraliaJapan
• CircleStablecoin issuer holding US money transmitter licences and an EU e-money licence.MSBMTLEMIMPIAgréé enUnited StatesEuropean Union / EEAFRSingapore
• CoinbaseCrypto exchange and custody with licences across the US, EU and Asia-Pacific.MSBMTLEMICASPMPIAgréé enUnited StatesEuropean Union / EEAUnited KingdomDESingaporeAustralia
• GrabPaySuper-app wallet licensed across Southeast Asia.MPIE-moneyEMIAgréé enSingaporeMalaysiaIndonesiaPhilippinesThailandVietnam
• MarqetaModern card issuing platform — licensed where it issues and settles.MTLEMIAgréé enUnited StatesUnited KingdomAustraliaSingapore
• NiumReal-time cross-border payments and card issuance for banks and businesses.MPIEMIAPIMTLAFSLAgréé enSingaporeUnited KingdomUnited StatesAustraliaHong Kong, ChinaIndiaMalaysia
• NuveiPayment technology and acquiring with local licences across its footprint.MSBMTLEMIMPIAFSLAgréé enCanadaUnited StatesUnited KingdomEuropean Union / EEASingaporeAustralia
• PayoneerCross-border payouts and receivables for marketplaces and SMBs.MSBMTLEMIAPISVFAFSLAgréé enUnited StatesUnited KingdomEuropean Union / EEAHong Kong, ChinaAustraliaSingaporeIndia
• PayPalRuns a Luxembourg banking licence alongside US state money transmitter licences.BankingMTLEMIAFSLAgréé enUnited StatesEuropean Union / EEAUnited KingdomAustraliaSingapore
• PPROLocal payment methods platform for PSPs and merchants.EMIMTLMPIAgréé enUnited KingdomEuropean Union / EEAUnited StatesSingaporeBrazilMexico
• RapydFintech-as-a-service with licensed entities across Europe, the US and Asia-Pacific.EMIAPIMTLMPIAgréé enUnited KingdomIsraelUnited StatesSingaporeMexicoBrazil
• RevolutEMI plus a banking licence in Lithuania; separate licences in each expansion market.BankingEMIAPIMTLMPIAFSLAgréé enEuropean Union / EEAUnited KingdomUnited StatesSingaporeAustraliaJapanMexicoBrazilIndia
• RippleCross-border settlement infrastructure with money transmitter and e-money authorisations.MSBMTLEMIMPIAgréé enUnited StatesEuropean Union / EEAUnited KingdomSingapore
• StripeGlobal acquiring, payouts and issuing; licensed separately in each market it settles in.MSBMTLEMIAPIMPIAFSLAgréé enUnited StatesEuropean Union / EEAUnited KingdomSingaporeAustraliaJapan
• ThunesCross-border payout network connecting wallets, banks and mobile money.MPIAPIMTLAgréé enSingaporeUnited KingdomUnited States
• WiseCross-border accounts and transfers, licensed market by market.EMIMTLMPIAFSLAgréé enUnited KingdomEuropean Union / EEAUnited StatesSingaporeAustraliaJapanMalaysia

Région

• Hong Kong, China
• Japan
• China (mainland)
• India
• Australia
• South Korea
• Malaysia
• Indonesia
• Thailand
• Philippines
• Vietnam
• New Zealand