Staff Reporter
,
Singapore
Photo by Abed Albaset Alhasan from Pexels
Tazapay plans to expand its services across Asia and more.
Tazapay, a fintech company specialising in cross-border payments, has obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) following earlier in-principle approval this year.
The fintech said in a statement this step is an advantageous position for Tazapay to expand its services across Asia and beyond.
ALSO READ: Finmo obtains in-principle approval for MPI licence from MAS
The MPI licence allows Tazapay to offer a comprehensive range of services, including account issuance, merchant acquisition, cross-border and domestic money transfers, and e-money issuance to its growing client base.
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