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EBANX secures MPI license approval in principle
This approval enables EBANX to offer a comprehensive range of payment services in Singapore.
EBANX, a global payments fintech company, has received In-Principle Approval for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS).
This approval enables EBANX to offer a comprehensive range of payment services in Singapore, including merchant acquisition, domestic and cross-border money transfers, and account issuance.
The MPI License will allow the company to expand its operations within Singapore and enhance its global payments reach.
With this license, EBANX aims to provide seamless payment solutions for businesses and consumers, facilitating efficient and secure transactions across borders.