, Singapore
Monetary Authority of Singapore (MAS)

TerraPay obtains MPI License in Singapore

TerraPay now has 11 licenses and 19 regulator approvals across 30 markets.

Payment solutions firm TerraPay has obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

The licence allows TerraPay to offer services across account issuance, domestic and cross-border money transfers, merchant acquisition, and e-money issuance within the region.

The company also stated that the MPI licence will enable them to develop new and existing partnerships whilst accelerating its presence in the APAC region.

Currently, TerraPay has 11 licences and 19 regulatory approvals amongst 30 global markets.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!