Major Payment Institution

制度要点

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.

监管机构

Source officielle

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.MSBMTLEMIMPIAgréé enUnited StatesEuropean Union / EEAFRSingaporeChercher la couverture
• CoinbaseCrypto exchange and custody with licences across the US, EU and Asia-Pacific.MSBMTLEMICASPMPIAgréé enUnited StatesEuropean Union / EEAUnited KingdomDESingaporeAustraliaChercher la couverture
• NuveiPayment technology and acquiring with local licences across its footprint.MSBMTLEMIMPIAFSLAgréé enCanadaUnited StatesUnited KingdomEuropean Union / EEASingaporeAustraliaChercher la couverture
• RippleCross-border settlement infrastructure with money transmitter and e-money authorisations.MSBMTLEMIMPIAgréé enUnited StatesEuropean Union / EEAUnited KingdomSingaporeChercher la couverture
• StripeGlobal acquiring, payouts and issuing; licensed separately in each market it settles in.MSBMTLEMIAPIMPIAFSLAgréé enUnited StatesEuropean Union / EEAUnited KingdomSingaporeAustraliaJapanChercher la couverture
• 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 EmiratesChercher la couverture
• Checkout.comEnterprise acquiring with local acquiring licences across four regions.APIEMIMTLMPISVFAgréé enUnited KingdomEuropean Union / EEAUnited StatesUnited Arab EmiratesSingaporeHong Kong, ChinaAustraliaJapanChercher la couverture
• PPROLocal payment methods platform for PSPs and merchants.EMIMTLMPIAgréé enUnited KingdomEuropean Union / EEAUnited StatesSingaporeBrazilMexicoChercher la couverture
• RevolutEMI plus a banking licence in Lithuania; separate licences in each expansion market.BankingEMIAPIMTLMPIAFSLAgréé enEuropean Union / EEAUnited KingdomUnited StatesSingaporeAustraliaJapanMexicoBrazilIndiaChercher la couverture
• WiseCross-border accounts and transfers, licensed market by market.EMIMTLMPIAFSLAgréé enUnited KingdomEuropean Union / EEAUnited StatesSingaporeAustraliaJapanMalaysiaChercher la couverture
• AirwallexCross-border accounts, cards and acquiring with one of the widest licence footprints in APAC.AFSLAPIEMISVFMPIMSBAgréé enAustraliaUnited KingdomHong Kong, ChinaSingaporeUnited StatesMalaysiaNew ZealandChina (mainland)Chercher la couverture
• GrabPaySuper-app wallet licensed across Southeast Asia.MPIE-moneyEMIAgréé enSingaporeMalaysiaIndonesiaPhilippinesThailandVietnamChercher la couverture
• NiumReal-time cross-border payments and card issuance for banks and businesses.MPIEMIAPIMTLAFSLAgréé enSingaporeUnited KingdomUnited StatesAustraliaHong Kong, ChinaIndiaMalaysiaChercher la couverture
• ThunesCross-border payout network connecting wallets, banks and mobile money.MPIAPIMTLAgréé enSingaporeUnited KingdomUnited StatesChercher la couverture
• RapydFintech-as-a-service with licensed entities across Europe, the US and Asia-Pacific.EMIAPIMTLMPIAgréé enUnited KingdomIsraelUnited StatesSingaporeMexicoBrazilChercher la couverture

Singapore的其他制度

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