Payments

Find out about the licensing and regulations for payment service providers and credit bureaus, and designation for payment systems in Singapore.

Directories and Listing

Payment service providers operating in Singapore are regulated under the PS Act, unless exempted:

Credit Bureau Act

Credit bureaus are regulated under the Credit Bureau Act 2016 (“CBA”). Licensed credit bureaus collect, use and disclose information relevant to the assessment of credit worthiness of borrowers from banks and other financial institutions which are their members.

Resources

Repealed regulations with the commencement of the Payment Services Act - Access the repealed documents under the Money-changing and Remittance Businesses Act and Payment Systems (Oversight) Act

FAQs on the Payment Services Act - Access the FAQs on the Payment Services Act