Major Payment Institution

制度要点

Actividades permitidas

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

Titulares típicos

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

Vía de solicitud

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

Límites clave

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

监管机构

Fuente oficial

名录为节选，只列公开披露持有该牌照的机构，不含牌照编号与经营数据。

• CircleStablecoin issuer holding US money transmitter licences and an EU e-money licence.MSBMTLEMIMPIAutorizada enUnited StatesEuropean Union / EEAFRSingaporeBuscar cobertura
• CoinbaseCrypto exchange and custody with licences across the US, EU and Asia-Pacific.MSBMTLEMICASPMPIAutorizada enUnited StatesEuropean Union / EEAUnited KingdomDESingaporeAustraliaBuscar cobertura
• NuveiPayment technology and acquiring with local licences across its footprint.MSBMTLEMIMPIAFSLAutorizada enCanadaUnited StatesUnited KingdomEuropean Union / EEASingaporeAustraliaBuscar cobertura
• RippleCross-border settlement infrastructure with money transmitter and e-money authorisations.MSBMTLEMIMPIAutorizada enUnited StatesEuropean Union / EEAUnited KingdomSingaporeBuscar cobertura
• StripeGlobal acquiring, payouts and issuing; licensed separately in each market it settles in.MSBMTLEMIAPIMPIAFSLAutorizada enUnited StatesEuropean Union / EEAUnited KingdomSingaporeAustraliaJapanBuscar cobertura
• AdyenHolds a Dutch banking licence, so it settles as a bank in Europe and licenses locally elsewhere.BankingMTLEMIAFSLMPISVFIPAutorizada enEuropean Union / EEAUnited StatesUnited KingdomAustraliaSingaporeHong Kong, ChinaBrazilUnited Arab EmiratesBuscar cobertura
• Checkout.comEnterprise acquiring with local acquiring licences across four regions.APIEMIMTLMPISVFAutorizada enUnited KingdomEuropean Union / EEAUnited StatesUnited Arab EmiratesSingaporeHong Kong, ChinaAustraliaJapanBuscar cobertura
• PPROLocal payment methods platform for PSPs and merchants.EMIMTLMPIAutorizada enUnited KingdomEuropean Union / EEAUnited StatesSingaporeBrazilMexicoBuscar cobertura
• RevolutEMI plus a banking licence in Lithuania; separate licences in each expansion market.BankingEMIAPIMTLMPIAFSLAutorizada enEuropean Union / EEAUnited KingdomUnited StatesSingaporeAustraliaJapanMexicoBrazilIndiaBuscar cobertura
• WiseCross-border accounts and transfers, licensed market by market.EMIMTLMPIAFSLAutorizada enUnited KingdomEuropean Union / EEAUnited StatesSingaporeAustraliaJapanMalaysiaBuscar cobertura
• AirwallexCross-border accounts, cards and acquiring with one of the widest licence footprints in APAC.AFSLAPIEMISVFMPIMSBAutorizada enAustraliaUnited KingdomHong Kong, ChinaSingaporeUnited StatesMalaysiaNew ZealandChina (mainland)Buscar cobertura
• GrabPaySuper-app wallet licensed across Southeast Asia.MPIE-moneyEMIAutorizada enSingaporeMalaysiaIndonesiaPhilippinesThailandVietnamBuscar cobertura
• NiumReal-time cross-border payments and card issuance for banks and businesses.MPIEMIAPIMTLAFSLAutorizada enSingaporeUnited KingdomUnited StatesAustraliaHong Kong, ChinaIndiaMalaysiaBuscar cobertura
• ThunesCross-border payout network connecting wallets, banks and mobile money.MPIAPIMTLAutorizada enSingaporeUnited KingdomUnited StatesBuscar cobertura
• RapydFintech-as-a-service with licensed entities across Europe, the US and Asia-Pacific.EMIAPIMTLMPIAutorizada enUnited KingdomIsraelUnited StatesSingaporeMexicoBrazilBuscar cobertura

Singapore的其他制度

• SPIStandard Payment Institution
• MC / RMOMoney-changing & remittance licence
• DPTDigital Payment Token service