Entities that are no longer exempt pursuant to the Payment Services (Exemption for Specified Period) Regulations 2019 ("Exemption Regulations")

The following entities were previously granted an exemption from holding a licence under the Payment Services Act ("PS Act") for the specific payment services for a specified period, but are currently no longer exempt.

 

Please refer to the Financial Institutions Directory for the full list of entities that are licensed by MAS, or approach the entity for more information on their exemption status.

Specific Payment Services
Providing account issuance service Providing domestic money transfer service Providing inward cross-border money transfer service Providing merchant acquisition service

Issuing e-money where the total float held by the e-money issuer does not exceed S$30 million

Providing digital payment token service
17 MEDIA PTE. LTD. X X X
9E9 DIGITAL ASSETS EXCHANGE PTE. LTD. X
A TECH MEDIA PTE. LTD. X
AAX EXCHANGE (MALTA) LIMITED, SINGAPORE BRANCH
 X         X
ABELE INTERNATIONAL PTE. LTD. X X X
ACHERON PTE. LTD. X
 ACTOZ LABS PTE. LTD.            X 
ADYEN SINGAPORE PTE. LTD. X X
 AEXON (PTE.) LIMITED  X    
AGODA COMPANY PTE LTD X X X X
AI NETWORK PTE. LTD. X
AI SOFT PTE. LTD. X X X X
AIM SYSTEM PTE LTD X X X X
AIRWALLET PAYMENTS PTE. LTD.  X X      
AIRWALLEX (SINGAPORE) PTE. LTD.       X   X     
ALARICUS PRIVATE LIMITED X X X X X X
ALCHEMY GPS SINGAPORE PTE LTD X X X
ALETA PLANET MES PTE LTD    X           
 ALETA PLANET PTE LTD
   X   X     
ALIBABA.COM SINGAPORE E-COMMERCE PRIVATE LIMITED  X     X    
 ALIPAY.COM CO., LTD


X

ALLDEBIT PTE. LTD.    X X X    
ALLINPAY MERCHANTS SERVICES (SINGAPORE) PTE. LTD. X
 ALPHABIT CONSULTING PTE. LTD.         X
ALPHANONCE PTE. LTD.             X
AMARY PTE. LTD.  X  
 AMAZON ASIA-PACIFIC HOLDINGS PTE LTD  X      X X  
AOFEX INFORMATION TECHNOLOGY PTE. LTD.     X      X 
 APAYLATER FINANCIALS PTE. LTD.        
APIFINY ASIA PTE. LTD.             X 
APPLE DISTRIBUTION INTERNATIONAL LIMITED X X
APPLE SOUTH ASIA PTE. LTD. X X
APTSYS TECHNOLOGY SOLUTIONS PTE LTD X X X
ARAMEX INTERNATIONAL EXCHANGE PTE LTD      X         
ASIAPAY PAYMENT SERVICE PTE. LIMITED     X   X   X     
ASSOCIATED FOREIGN EXCHANGE (SINGAPORE) PTE. LTD.  X        
ATLANTIC PARTNERS ASIA (SG) PTE.LTD. X
ATOME ASPIRATIONS PTE LTD X
ATOME FINANCIAL SINGAPORE PTE LTD X
 ATTRACTION INTERNATIONAL FINTECH PTE. LTD.   X X X    
AVEPAY PTE. LTD. X X
BALSA PTE. LTD. X X
BANKOGRAPH CARD PTE. LIMITED X X
BANKOGRAPH PTE LIMITED X X
BEZ IMPEX PTE. LTD. X X
BHOP CONSULTING PTE. LTD.            X
BIGG CASH PTE LTD X
BIGG WORLD PTE LTD X
 BIGPAY SINGAPORE PTE. LTD. X  X       X   
BINANCE ASIA SERVICES PTE. LTD.            X
BITCOIN EXCHANGE PTE LTD X
BITCROSS PTE. LTD. X
BITDATA DIGITAL TECH PTE LTD            X
BITGO SINGAPORE PTE. LTD. X X X X
BITTOK TECHNOLOGY PTE. LTD.  X   X     X
BITWALLET PTE. LTD. X X
BITXMI PTE. LTD. X
BIXIN TECHNOLOGY PTE. LTD. X X
 BLOCKCHAIN.COM (SINGAPORE) PTE. LTD. (fka Altonomy Pte. Ltd.)           X
 BLOCKCHAIN MASTERY LAB LLP           X
BLOCKFORT PTE. LTD.     X    
BLOCKSCAPE TECH PTE. LTD. X X X
 BLUE CITY SOLUTIONS PTE LTD            X 
 BMXDM TECHNOLOGY PTE. LTD. X  X  X       X 
 BOKU PAYMENTS, INC.
       X     
 BRDGEPAY PTE. LTD.
   X         
BRICK PTE. LTD. X X X
BROTHERS COPORATION PRIVATE LIMITED X X X X X
BS PAYMENT SINGAPORE PTE. LTD. X
BTSE HOLDINGS LIMITED X X
CABBAGINO PTE LTD X
CALEB AND BROWN PTE LTD X
CARDUP PTE LTD X X X
CAS HOLDINGS PTE LTD X
CBIPAY PRIVATE LIMITED X X X X
CENTUM CONSULTING PTE LTD X X
CEX.IO LTD           X
CHANGI AIRPORT GROUP (SINGAPORE) PTE. LTD.    X X      
 CHECKOUT APAC PTE. LTD.
       X     
 CHYNGE SINGAPORE PTE. LTD.
 X         X   X 
CLEARFLOW PTE. LTD. X
CLOUD PAYMENT PTE. LTD. X X X
 COCO WEB PTE LTD            X 
COINBASE SINGAPORE PTE. LTD.             X
 COINCOLA SINGAPORE PTE. LTD.           X
COINW PTE. LTD. X X X
 CONVERA SINGAPORE PTE. LTD. (fka Western Union Business Solutions (Singapore) Pte. Ltd.)  X X   X X  
CRIPTHOR PTE. LTD. X X X X X X
CROWN EXCHANGE PTE LTD     X         
 CURRENCIES DIRECT PTE. LTD.
 X   X       X   
CYBERDYNE TECH SERVICES PTE. LTD.             X
 CYS GLOBAL REMIT PTE LTD X X        
 DACXI EXCHANGE PTE. LTD.           X
DAENERYS & CO PTE LTD            X
DCS FINTECH HOLDINGS PTE. LTD. (f.k.a Ezy Net Pte Ltd)         X    
DEFIANCE PTE LTD X
 DEODI PTE. LTD.           X
DEXSTAR SERVICES PTE. LTD.   X        X
 DIGIFINEX PTE. LTD.           X
DIGITAL TREASURES CENTER PTE. LTD.  X X   X X X
 DIGIX HOLDINGS PRIVATE LIMITED            X
DINERSPAY PTE. LTD.    X X X    
DLT PAYMENT PTE. LTD. X X
 DOLLAR EXCHANGE PTE LTD
   X         
DRW SINGAPORE PTE LTD X
DS SOLUTIONS PTE. LTD.  X          X 
EASYBOOK PAY PTE LTD X X
 ECOMMPAY APAC PTE LTD     X  X     
E-CONCIERGE PRIVATE LIMITED    X X    
ECXX GLOBAL PTE. LTD.             X 
 EDGARTON MANAGEMENT PRIVATE LIMITED  X  X X    X   
EKUANTIA PTE. LTD. X X X X
EMOOLA SINGAPORE PTE LTD X X X X
ENETT INTERNATIONAL (SINGAPORE) PTE LTD X X X
 EQONEX CAPITAL PTE. LTD. (fka Diginex Capital Pte. Ltd.)    X   X X
EXA PREMIER PTE LTD X
EXCELITY SINGAPORE PTE. LTD. X
 EZ-LINK PTE LTD  X  X    X     
EZSY PTE. LTD. X X X X X X
FETCH SINGAPORE PTE. LTD. X
FEU INTERNATIONAL PTE. LTD.            X
FINPAY PTE LTD X X X X X X
 FINTECH DECISION PTE. LTD.
       X     
FINX CAPITAL PTE. LTD. X X
 FINXFLO - FEARLESS LEGENDS PTE LTD           X
FINXPAY PTE. LTD.  X X X    
 FIRST DATA MERCHANT SOLUTIONS PRIVATE LIMITED   X X X    
FIRST MERCHANT PROCESSING (IRELAND) DESIGNATED ACTIVITY COMPANY X X X
 FLYWIRE (SINGAPORE) PTE. LTD.       X    
 FOMO PAY PTE. LTD.    X    X   X
 FORIS DAX ASIA PTE. LTD.         X
FRIGATE PTE LTD X X X
FXR BUSINESS SERVICES PTE. LTD.  X X        
 GAMER2GAMER GLOBAL PTE. LTD.   X      
 GBEX HOLDINGS PTE. LTD.
           X 
GCOX TECHNOLOGY PTE. LTD. X X
GCXPRESS COMMERCE PTE LTD X
GENESIS ASIA PACIFIC PTE. LTD.            X
GENESIS PAYMENT SOLUTIONS PRIVATE LIMITED X X X
GERLIONTI PTE. LTD. X X
GFIN SERVICE (S) PTE LTD X X
 GLOBAL COLLECT B.V.   X      
 GLOBAL COLLECT SERVICES B.V.     X X    
GLOBIANCE PTE LTD X X X X X X
GMT PAY PTE LTD X X X X
 GOLDFINX PTE. LTD.           X
GOOGLE ASIA PACIFIC PTE. LTD. X
GPAY NETWORK(S) PTE. LTD.  X X   X    
GRABLINK PTE. LTD.    X   X    
GRAVITAS INTERNATIONAL ASSOCIATES PTE LTD            X
 GSR MARKETS PTE. LTD.           X
GT DOLLAR PTE. LTD. X X X X X X
 HAKO TECHNOLOGY PTE. LTD.            X 
 HASHKEY HUB PTE. LTD.            X 
HELLOSENT PTE LTD X
 HODLNAUT PTE. LTD.            X
IAPP LIMITED X X
 IAPPS PTE. LTD. X  X    X  X   
IMOOSE EXCHANGE PTE. LTD. X
INCOMLEND PTE LTD X X
INDEPENDENT RESERVE SG PTE LTD X  X  X   X X 
INPAY A/S X
 INTELLECT MARKET PTE LTD        X   
 INTERNATIONAL EXCHANGE CO. (SINGAPORE) PTE LTD
   X         
 INTERNATIONAL REMITTANCE PTE LTD
   X   X       
INTERNET SG VENTURES PTE. LTD. X
INVAPAY SINGAPORE PTE LTD X
IPAY88 (S) PTE. LTD. X
 IPAYMY TECHNOLOGIES PTE. LTD.    X         
IXX DIGITAL PRIVATE LIMITED X
KANZBITAQA PTE LTD X X X
KLAYTN PTE. LTD. X
KOIPY GLOBAL PTE. LTD.    X   X    
KOZJIN INTERNATIONAL PTE. LTD. X X X X
KRYPTICAL TECHNOLOGY PTE. LTD. X
KRYPTOS-X PTE. LTD. X
 KSHER SINGAPORE PTE. LTD.   X X X    
LEDGERX LLC X X X
 LAB MONETA PTE. LTD.      X      
 LAZADA SINGAPORE PTE. LTD. X
X
X    
LIMESTONE NETWORK PTE LTD X
LINE TECH PLUS PTE. LTD. X
LINK FUTURE PTE. LTD. X
 LIONOTC PTE LTD (fka Lionex Pte Ltd)     X X X
LIQUID GROUP PTE LTD X X X X X
 LIQUIDX (SINGAPORE) PTE. LTD.   X X      
LIQUIDX, INC    X X      
LIQUIDITY OFFSET NETWORK PTE LTD X
LITTLELIVES INC PTE. LTD.         
LLAMA BROTHERS SINGAPORE PTE. LTD. X X X X X
LUNO PTE. LTD.            X
LYNEXCHANGE PTE. LTD. X
LYNPAY SOLUTIONS PTE. LTD. X X X
LYTEPAY PTE LTD X X
M1 LIMITED X
MAESH PTE. LTD. X
MARCOPAY INC. X X X X X
MARKET_SINGAPORE PTE LTD X X X
MATCHMOVE PAY PTE. LTD.   X     X  
MAXI SOLUTIONS PRIVATE LIMITED X X X X X X
MAXI VAULT PRIVATE LIMITED X X X X X X
MBOXPUMAN PTE. LTD. X
MICYLA CONSULTING PRIVATE LIMITED X X X X X
 MOBILE COMMUNITY TECH PTE LTD
   X   X   X   X   
MONSPACE (S) PTE LTD X         X
MOOLAHGO PTE LTD X X X
MOON PAY LIMITED            X
MUTUALISM GLOBAL PTE LTD X
NET MARKETING SERVICES PTE. LTD.            X
NEW POS NETWORK (S) PTE LTD X X
 NIUM PTE. LTD.
 X   X     X   X   
 NOGLE (SINGAPORE) PTE. LTD.
 X           X 
 NOVUM FINANCIAL TECHNOLOGIES PTE. LTD. X       X  
 NUVEI SINGAPORE PTE. LTD. (fka Safecharge Pte. Ltd.)    X   X    
OCEANPAYMENT PTE. LTD.    X X X    
 OFFGAMERS GLOBAL PTE LTD X        X   
OFX SINGAPORE PTE. LIMITED    X   X       X   
ONCHAIN CUSTODIAN PTE. LTD.           
OPAL FINTECH PTE. LTD.  X X     X  
OPTION GIFT PTE. LTD.  X X X X X  
OPTION POOL PTE. LTD. X
 OREC PTE. LTD.  X         X   
OSL SG PTE. LTD.            X
OXPAY SG PTE. LTD. (fka MC Pay Pte. Ltd.)    X X X    
OZYS PTE. LTD. X
P&M CONSOLIDATED HOLDINGS PTE LIMITED X X X
 PAXOS GLOBAL PTE. LTD.  X      
 PAYCOME PTE. LTD.           X
PAYLINKS PTE. LTD.  X      X     
 PAYMENT OPTIONS PTE. LTD.    X  X    
 PAYONEER HONG KONG LIMITED SINGAPORE BRANCH     X      
 PAYPAL PTE. LTD. X X X    
PAYRNET PTE. LTD.  X     X  
PAYWARD PTE. LTD. X
PAYWHO PTE LTD  X  X     X   X   
 PAYWISER PTE. LTD.  X   X     X   X   
PERATERA PTE. LTD. X
 PIONEX PTE LTD            X 
PLMP FINTECH PTE. LTD. X X X
PRIMAPAY PTE. LTD. X X X X X
 PRIMESTACK PTE. LTD.
 X   X   X       X 
PURE COMMERCE (S) PTE LTD X X
QFPAY SINGAPORE PTE. LTD.     X   X  X    
 QUANTUM XTREME PTE. LTD.            X 
 QUOINE PTE. LTD.           X
RACE TECHNOLOGIES PTE LTD X
 RAFFLES MONEY CHANGE PTE LTD
   X         
 RAZER FINTECH (SG) PTE. LTD. (fka Razerpay Pte. Ltd.)    X            X    
 RDMCHAIN PTE. LTD.           X
REDNOVA PTE. LTD. X
 RED DOT PAYMET PTE LTD   X X X    
RELY PTE. LTD.  X  X    X    
REVOLUT TECHNOLOGIES SINGAPORE PTE LTD X X X X
 RIPPLE LABS SINGAPORE PTE. LTD.            X
RUPRECHT SERVICES PTE. LTD. X X X X
RYDE TECHNOLOGIES PTE LTD X X X X
SAFREE PRIVATE LIMITED X X X X X
SAMLIT MONEYCHANGER PTE LTD X
 SCASH GLOBAL PTE LTD        X     
SCASH TECHNOLOGIES PTE LTD         X    
SCIC TECHNOLOGIES PTE LTD X X
SEAMONEY (PAYMENT) PRIVATE LIMITED X
SG EPAY PTE. LTD.    X X X    
SGI TECHNOLOGIES PTE LTD X
SHARK TECHNOLOGIES INC PTE. LTD. X X X
SHOPEE SINGAPORE PRIVATE LIMITED X X X
 SHOPEEPAY PRIVATE LIMITED X X   X  X   
SHUTTLE ONE PTE.LTD.            X
SIHU TECH PTE LTD X X X X
 SILVERAG PTE LTD            X 
SINGAPORE BITGET PTE. LTD.           X
SINGAPORE BOSHA TECHNOLOGY PTE LTD X X
SINGAPORE E-BUSINESS PTE LTD X
 SINGAPORE LIFE PTE. LTD. X X        
SINGOPAY PTE. LTD. X X
SINOPAY (SINGAPORE) PRIVATE LIMITED  X     X X  
SKOOLY PTE LTD X
 SLEEK TECH PTE LTD
 X   X         
 SLIDESG PTE. LTD. X X   X X  
SMARTMESH FOUNDATION PTE. LTD. X
SMARTPAY (SINGAPORE) PTE LTD X X
SMOOVPAY PTE. LTD. X
 SOCASH PTE. LTD.
   X     X     
 SOURCED (PRIVATE LIMITED)
           X 
 SPACETRAVEL PTE. LTD.       X    X 
 SPARROW TECH PRIVATE LIMITED           X
STABLE UNIVERSAL LIMITED X
STAE PTE. LTD. X X X X X
 STARLINK FINANCIAL TECHNOLOGIES PTE. LTD.
       X     
STARUNIX TECHNOLOGY PTE. LTD. X
 STARZPAY PTE LTD   X    X   X   
STONE FOREST ACCOUNTSERVE PTE LTD (fka AccountServe Pte Ltd)    X X      
STYL SOLUTIONS PTE LTD        X    
SUNPAY TECH PTE LTD X X X X
 SUPER-X TECH PTE LTD            X 
 TAI MO SHAN LIMITED SINGAPORE BRANCH           X
TARDIGRADE TECH PTE LTD X
TAURUS ONE PRIVATE LIMITED    X X X    
TDX SG PTE. LTD.            X
TELECOM EQUIPMENT PTE LTD X X X X
 TENX PTE. LTD.  X   X   X     X   X 
THE ATLANTIC CONNECTION PRIVATE LIMITED  X X X   X  
TIEN GOLD PTE. LTD.   X   X   X   X  X  X 
TOKENOMY PTE LTD X
TRANSFERCLEAR PTE LTD X X X X X X
TRANSFERWISE SINGAPORE PTE LTD X X X
TRAXX PAYMENTS PTE. LTD.    X X X    
TREPAY PTE LTD X X X X X X
TRILLION PTE LTD X X X X X X
TRIPLE A TECHNOLOGIES PTE LTD     X   X   X     X 
TRUPAY PTE. LTD. X X X X X
TWINGO PTE. LTD. X X
UCARD SERVICES PTE LTD X
UQPAY TECHNOLOGY (SG) PTE. LTD.  X X X X    
UNION FINANCIAL SERVICES PTE. LTD. X X X
UNIWEB PTE LTD    X X X    
UPBIT SINGAPORE PTE. LTD.            X
UU TECHNOLOGY PTE. LTD. X X
VELOX DIGITAL SINGAPORE PTE LTD X X
VGN PTE LTD X X
VILLA GENIUS TECHNOLOGY PRIVATE LIMITED X X X X X
VMORE SYSTEM PTE LTD X X X X
WALLET ENGINE PTE LTD X X X X X
WALLETORY PTE. LTD.  X   X    X  
 WALLEX TECHNOLOGIES PTE. LTD. X X X   X  
 WALLTER PAYMENTS (SG) PRIVATE LIMITED  X   X   X   X   X   
WESTERN UNION GLOBAL NETWORK PRIVATE LIMITED X X X X
WIRECARD ASIA HOLDING PTE. LTD. X X X
WIRECARD SINGAPORE PTE. LTD. X X X X
WISDOM INTERNATIONAL CAPITAL PTE LTD X X
 WLC FACILITIES SERVICES PTE. LTD.       X    
WORLDPAY AP LTD X X X
WOWOO X PTE. LTD. X
WULIANWANG TECHNOLOGY PRIVATE LIMITED  X X   X  
XBOURSE GLOBAL PTE LTD X
XIN WEN PTE. LTD. X
YOU TECHNOLOGIES GROUP (SINGAPORE) PTE. LTD. X X X
YUHUMA PTE. LTD. X X
YYLIFE PTE. LTD.  X     X X  
ZB FOUNDATION PTE. LTD. X
ZENITH PEAK LIMITED X X
ZHIJING SINGAPORE PRIVATE LIMITED X
ZHONGGUO REMITTANCE PTE LTD X X
 ZIPMEX PTE LTD           X